2011-05-30-2011-04-27

Entered JV on LEI 2011 drilling program in Gonzales County, TX.

Lucas Energy Inc., Houston, (NYSE Amex: LEI) has entered a joint-venture agreement with Alvarado, Texas-based Seidler Oil & Gas LP for its LEI 2011 drilling program in Gonzales County, Texas.

Lucas will be the operator under the joint-venture relationship, and expects to drill approximately eight new Austin Chalk wells, or new laterals in existing wells, during the 2011 calendar year. This new joint venture will be along standard industry terms, and will relate to both acreage currently held by Lucas, and newly acquired acreage.