Lucas Energy (LEI) Reports Q2 Loss of $0.73/Share

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Lucas Energy Announces Fiscal 2016 First Quarter Financial Results

August 14, 2015 4:15 PM EDT

HOUSTON, Aug. 14, 2015 /PRNewswire/ -- Lucas Energy, Inc. (NYSE MKT: LEI)("Lucas" or the "Company"), an independent oil and gas company with its main operations in Texas, today announced its financial results for its fiscal 2016 first quarter, the three months ended June 30, 2015, and the filing of its Quarterly Report on Form 10-Q. 

"Significant flooding in June hampered our production results during the quarter as certain locations had to be shut in," said Anthony C. Schnur, Chief Executive Officer of the Company. "As a result, our average daily production rate... More