lucas energy inc (LEI) Key Developments
Lucas Energy Announces Board Changes
Nov 14 13
Lucas Energy, Inc. announced that Ken Daraie has been appointed as Chairman of the Board of Directors, effective November 11, 2013. Mr. Daraie, who joined the Board in December 2012, most recently served as a Director. He replaces Ryan Morris, who will continue to serve on the Board. Mr. Daraie has served as the Vice President of Wold Oil Properties, Inc. (WOPI) since April 2011. Previously, he served a four-year appointment as the Executive Director of the Wyoming School Facilities Commission where he oversaw creation of systems and processes necessary for deployment of over $1 billion in capital construction funds in the state.
Lucas Energy, Inc. Reports Earnings Results for the Second Quarter Ended September 30, 2013
Nov 14 13
Lucas Energy, Inc. reported earnings results for the second quarter ended September 30, 2013. For the quarter, net operating revenues were $1,228,000 against $2,733,000 a year ago. The decline in revenues during the quarter was partially related to the downtime of one of the larger wells which was offline for about three weeks. Also, second quarter revenues did not reflect the incremental production from September's work-overs, which averaged 51 BOPD, net to Lucas Energy's interest. Additionally, last year's second quarter included production from certain properties that were conveyed to Nordic Oil in the fourth quarter of fiscal 2013. Net loss was $1,559,000 against $1,521,000 a year ago. Net loss per diluted share was $0.06 against $0.06 a year ago.
Lucas Energy, Inc. Announces Executive Changes
Oct 1 13
Lucas Energy, Inc. announced that William J. Dale, Chief Financial Officer, is leaving the Company to pursue other interests. Mr. Dale resigned as Chief Financial Officer, Treasurer and Secretary of the Company effective immediately, providing that Mr. Dale will continue to offer support, if needed, to Lucas for several months in connection with the transition of his duties and responsibilities. Anthony C. Schnur, Lucas's Chief Executive Officer and former Chief Financial Officer, will immediately assume Mr. Dale's duties.
Lucas Energy, Inc. Presents at Euro Pacific Capital Global Investment Conference 2013, Sep-10-2013 04:30 PM
Sep 6 13
Lucas Energy, Inc. Presents at Euro Pacific Capital Global Investment Conference 2013, Sep-10-2013 04:30 PM. Venue: Sofitel Hotel, 45 West 44th Street, New York, New York, United States. Speakers: Anthony C. Schnur, Chief Executive Officer and President.
Lucas Energy, Inc. Presents at Liolios Group 2nd Annual Gateway Conference, Sep-10-2013 04:00 PM
Sep 6 13
Lucas Energy, Inc. Presents at Liolios Group 2nd Annual Gateway Conference, Sep-10-2013 04:00 PM. Venue: Palace Hotel, 2 New Montgomery Street, San Francisco, CA 94105, United States. Speakers: Ryan J. Morris, Chairman, Member of Compensation Committee and Member of Nominating & Governance Committee.