The Eagle Ford shale is considered as one of the most active plays in the United States. It is in this region that Lucas Energy, Inc. operates majority of its exploration and production. The company is registered as an oil and gas company that is headquartered in Houston, Texas.
As an energy company, the business engages in the acquisition and development of promising properties in the Eagle Ford shale. They also have operations in the Austin Chalk and in several properties south and north Texas. As of March 2015, the company has reported its proven reserves to be around 4.6 million barrels of crude oil reserves and an additional 3.0 billion cubic feet of natural gas.
Lucas Energy is one of the medium-sized players in the oil and natural gas industry in the country. It continues to publicly trade on the New York Stock Exchange, using the symbol LEI.
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