Small Cap Money

Small Cap Money
Lucas Energy Inc.
OTC Bulletin Board : LUCE

October 10, 2007 09:01 ET

Small Cap Money Provides New Oil and Gas Profile

Texas Oil and Gas Producer Holds Over $100,000,000 in Proven Reserves, Continues to Increase Production

LANGLEY, BRITISH COLUMBIA--(Marketwire - Oct. 10, 2007) - Small Cap Money (SmallCapMoney.net), an online financial news and information portal, is pleased to announce profile coverage of Lucas Energy Inc., a profitable oil and gas producer based in Houston, Texas.

Lucas Energy Inc. (OTCBB:LUCE) is an independent crude oil and gas company building a diversified portfolio of valuable oil and gas assets in the United States. Since 2004, Lucas has acquired thirty-four properties encompassing over 10,000 acres, and now holds more than $100 million in independently verified proven reserves. Their current portfolio includes twenty-eight producing wells, with an additional twenty PUD's (proven undeveloped) held by production.

Lucas Energy is focused on identifying underperforming oil and gas assets, which are revitalized through a meticulous process of evaluation, application of modern well technology, and stringent management controls. A combination of rigorous ROI criteria and leading edge technologies provides the company with a typical payback period of less than twelve months per well. Lucas is currently executing an aggressive twelve month, ten well lateral drilling program in the Austin Chalk formation in Texas.

Now debt free, the company is entering a period of substantial growth. James Cerna Jr., CEO of Lucas Energy Inc. recently stated, "We are deploying capital rapidly in an aggressive move to bolster our production and reserves." Please visit the Small Cap Money website for further information.

The Lucas Energy profile is located at http://www.smallcapmoney.net/1371444.html.

About Small Cap Money

Small Cap Money (SCM) is a financial news and information portal created to give users a broad range of information in the financial marketplace in a clear and concise manner. It is a resource for investors and professionals to access public information from a wide variety of sources, all in one place. Our mission is to provide investors, brokers and traders with clear, concise information in the financial arena. We strive to maintain integrity and transparency in the marketplace. Using cutting edge delivery of news and events, we give the financial community a resource for researching undervalued and emerging growth companies as well as their respective market sectors. Website: http://www.smallcapmoney.net/.

About Lucas Energy

Lucas Energy, Inc. is an independent crude oil and gas company building a diversified portfolio of valuable oil and gas assets in the United States. The company is focused on identifying underperforming oil and gas assets, which are revitalized through a meticulous process of evaluation, application of modern well technology, and stringent management controls. This process allows the company to increase its reserve base and cash flow while significantly reducing the risk of traditional exploration projects. Website - http://www.lucasenergy.com/.

Safe Harbor Statement: Except for the historical information contained herein, the matters set forth in this press release, including the description of the company and its product offerings, are forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Certain statements set forth in this press release constitute "forward-looking statements". Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the word expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the company's ability to grow its business. Actual results may differ. The principals of Small Cap Money (SCM) have received $12,000 from Lucas Energy Inc. for investor relation services and corporate consulting. SCM is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a registered financial advisor before investing.

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