Lucas Energy set to attract investors with small oil and gas plays with inflation underway. Additional pressures like Geopolitical issues in Nigeria, Russia, Brazil, Venezuela, and the Middle East have raised concerns. Lastly, Mother Nature is always a gamble for oil prices as cold weather is expected in the North East from “El Nino”. Keep close eyes on LEI: Amex as investor confidence seems to have risen after market hours closing up 14.46%.
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About Lucas Energy, Inc.
Lucas Energy, Inc. operates as an independent oil and gas company. The company engages in the exploration and production of oil and natural gas in South Texas primarily in Gonzales County, Texas area.
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