Lucas Energy (LEI) Completes Gescheidle No.1 Well
Lucas Energy, Inc. (AMEX: LEI) today announced that the Company has completed Gescheidle No.1 well on May 11, 2010. The well is a plug back of a lateral in the Austin Chalk formation, and a new straight hole completion in the Buda formation. The well tested 254 BOPD and 130 BWPD flowing. The water is load water from the stimulation treatment.
William A. Sawyer, President and CEO of Lucas Energy, said, "The Gescheidle No.1 well is one of our best recompletion producers to date. Further, this well shows good potential in the Eagle Ford formation on the well logs run during the recompletion."
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