LEI Stock News Lucas Energy (LEI) 0.51 08/01/2014 22:12:30

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Lucas Energy (LEI) 0.51 $LEI

FTTN Secures Substantial Acreage and Begins Pre-Drill Planning
Business Wire - Tue Jul 22, 7:09AM CDT
First Titan Corp. (OTCBB: FTTN) announced today a significant increase in the Company's net leased acreage and the commencement of pre-drill planning on its Mustang Project located in East Central Texas.

FTTN Seeks Landman as It Investigates Lucrative West Texas Prospects
Business Wire - Wed Jul 02, 4:00AM CDT
First Titan Corp. (OTCBB: FTTN) seeks a high-level landman as the company takes the next step in its growth by adding lucrative assets in the oil-rich West Texas area to its portfolio. Spurred by the Cline Shale, oil and gas production in West Texas is projected to add $20 billion to the region's economy by 2022.

Lucas Energy Announces Fiscal 2014 Fourth Quarter And Year-End Financial Results
PR Newswire - Fri Jun 27, 4:03PM CDT
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 fourth quarter and fiscal year-end results for the period ending March 31, 2014 and the filing of its Form 10-K Annual Report on June 27, 2014.

FTTN Seeks Optimum Results from Texas-based Well
Business Wire - Mon Jun 09, 4:00AM CDT
A Texas-based asset First Titan Corp. (OTCBB:FTTN) owns an interest in has a well scheduled for minor maintenance, which is expected to return the well to previous production levels.

Lucas Energy Granted NYSE MKT Listing Extension On Compliance Plan
PR Newswire - Wed Apr 02, 6:00AM CDT
Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company", an independent oil and gas company with its operations in Texas, today announced that the NYSE MKT (the "Exchange" has accepted the Company's plan of compliance and granted the Company a conditional extension to regain compliance with the continued listing standards. The determination is contingent upon the completion of the recently-announced participating agreement with an independent operator in the Eagle Ford shale and achieving other milestones outlined in the plan.

FTTN Looks to Improve Well Performance
Business Wire - Tue Apr 01, 6:25AM CDT
One of the assets of First Titan Corp. (OTCBB: FTTN) is being scheduled for a squeeze job procedure to return the well to production.

Announcement Of Joint Drilling Agreement; Karnes County Eagle Ford Horizontal Well
PR Newswire - Wed Mar 26, 6:00AM CDT
Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company", an independent oil and gas company with its operations in Texas, today announced a Letter of Intent ("LOI" for a Participation Agreement with a private independent operator to farm out approximately 400 acres on its Karnes County Eagle Ford leasehold. Under the LOI, Lucas will receive a payment of $1 million, payable in four monthly installments of $250,000, and the operator will drill an initial horizontal well in exchange for a 75% working interest. Also, Lucas will retain a 25% carried working interest, under which the operator will bear 100% of the drilling costs, estimated at $2 million. In the remaining acreage, Lucas will retain a 75% working interest and the operator will have a 25% working interest.

FTTN Signs Contract to Acquire and Develop Texas Oil and Gas Leases
Business Wire - Wed Mar 26, 4:00AM CDT
First Titan Corp. (OTCBB: FTTN) announced today it negotiated and signed an agreement to jointly acquire and develop oil and gas leases across nine Texas counties with a Houston-based private oil and gas company.

FTTN Appoints New CEO as Company Seeks to Expand Assets
Business Wire - Mon Mar 17, 7:57AM CDT
First Titan Corp. (OTCBB: FTTN) announced today that G. Jonathan Pina will be the company's new President and CEO as it continues plans to expand its oil and natural gas portfolio.

Lucas Energy Submits Plan Of Compliance To NYSE MKT
PR Newswire - Mon Mar 17, 6:00AM CDT
Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company", an independent oil and gas company with its operations in Texas, today announced that on Friday, March 14th, it submitted a plan of compliance (the "Plan" to the NYSE MKT (the "Exchange" as required under the listing standards as set forth in Part 10 of the NYSE MKT Company Guide (the "Company Guide". In order to maintain its listing on the Exchange, the Exchange had requested that the Company submit a plan of compliance by March 14, 2014, addressing how it intends to regain compliance with Section 1003(a)(iv) of the Company Guide by April 14, 2014.

Stock to Watch: Lucas Energy Down 8.4% (LEI)
Comtex SmarTrend(R) - Wed Mar 12, 10:12AM CDT
Lucas Energy (AMEX:LEI) is one of today's worst performing penny stocks, down 8.4% to $0.71 on 2.4x average daily volume. Lucas Energy has traded 474,000 shares thus far today, vs. average volume of 201,000 shares per day. The stock has underperformed the Dow (-8.4% to the Dow's -0.2%) and underperformed the S&P 500 (-8.4% to the S&P's -0.2%) during today's trading.

FTTN: Oklahoma Well on Track to Meet Projections
Business Wire - Tue Mar 11, 4:00AM CDT
First Titan Corp. (OTCBB: FTTN) announced today it has received a report from the operator of its interest in a well in Oklahoma, and after completing initial test production, the company is confident the well possesses the potential to meet its initial production projections.

Lucas Energy Receives Notice From NYSE MKT
PR Newswire - Thu Mar 06, 3:50PM CST
Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company", an independent oil and gas company with its operations in Texas, today announced that on February 28, 2014, Lucas was notified by the NYSE MKT (the "Exchange" that the Company is not in compliance with one of the Exchange's continued listing standards as set forth in Part 10 of the NYSE MKT Company Guide (the "Company Guide".

Lucas Energy Announces Fiscal 2014 Third Quarter Results
PR Newswire - Tue Feb 18, 6:00AM CST
Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company", an independent oil and gas company with its operations in Texas, has announced its fiscal 2014 third quarter and year to date results for the three and nine-month periods ending December 31, 2013 and the filing of its Quarterly Report on Form 10-Q.

Air Partner adds 4 to private jet team
M2 Airline Industry Information - Fri Feb 14, 8:46AM CST
14 February 2014

Sevcon Announces Appointment of New Directors
GlobeNewswire - Mon Dec 30, 3:00PM CST
Sevcon, Inc. (Nasdaq:SEV) today announced that it has increased the size of its Board of Directors to 12 directors, and has elected Glenn J. Angiolillo, Ryan J. Morris and Walter M. Schenker to the Board, effective immediately. Messrs. Angiolillo, Morris and Schenker were proposed as directors by GAMCO Asset Management, Inc., representing several Gabelli investment funds that are stockholders of Sevcon, and were approved by the Board's Nominating and Corporate Governance Committee.

Lucas Energy Announces 2014 Annual Meeting Date And Related Matters
PR Newswire - Fri Dec 20, 1:55PM CST
Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company", an independent oil and gas company with its main operations in Texas, today announced that its Board of Directors has scheduled the Company's 2014 Annual Meeting of Stockholders for February 13, 2014. The Board has set a record date for the 2014 Meeting as December 27, 2013. Since the 2014 Annual Meeting will occur more than 30 days after the one-year anniversary of the Company's 2013 Annual Meeting of Stockholders, which was held on December 12, 2012, the Board has set a new deadline for the receipt of shareholder proposals. For business to be properly brought before the 2014 Annual Meeting by any shareholder, and for a nomination of directors to be made by a shareholder, notice must be received by the Company in proper written form, in accordance with the Company's Bylaws, no later than December 31, 2013.

Lucas Energy Provides Operational Update
PR Newswire - Wed Dec 18, 6:00AM CST
Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company", an independent oil and gas company with its main operations in Texas, today provided an operational update on the status of its drilling activity in the Austin Chalk and other certain matters.

Lucas Energy To Present At The Euro Pacific Capital Global Investment Conference 2013
PR Newswire - Fri Sep 06, 5:00AM CDT
Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company", an independent oil and gas company with its main operations in Texas, today announced that the Company will be presenting at the Euro Pacific Capital Global Investment Conference 2013 to be held at the Sofitel Hotel in New York City, September 10, 2013.

Lucas Energy To Raise $3.45 Million In Registered Direct Offering Of Common Stock With Ironman Energy Capital & Others
PR Newswire - Wed Sep 04, 5:00AM CDT
Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company", an independent oil and gas company with its main operations in Texas, today announced it entered into an agreement with Ironman Capital Management, LLC for two of its energy sector funds to purchase a total of approximately $3.33 million of the Company's common stock. The transaction was priced at $1.17 per share, a 5% discount to the per share closing price on Tuesday, September 3, 2013 when the deal was priced. Other investors purchased $0.12 million worth of shares under the same terms and conditions which was a straight discounted equity purchase devoid of warrants or other incentives. Euro Pacific Capital, Inc. acted as the sole placement agent in connection with the expected $3.45 million offering. The closing of the offering is expected to take place on or about September 6, 2013 subject to the satisfaction of customary closing conditions.
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