Dutton Associates Featured Company: Lucas Energy, Inc. (LEI)
Lucas Energy, Inc. is an independent oil and gas company building a diversified portfolio of valuable oil and gas assets in the United States. The company identifies oil and gas assets that are underperforming at the time and focuses their efforts on revitalizing them through a demanding process of evaluation, application of modern well technology, and stringent management controls. By doing this, the company is able to increase their asset base and cash flow, while significantly reducing the risk of traditional exploration projects. Lucas Energy's financial standing allows them to minimize the high overhead of traditional E&P companies. Since 2004,…