Lucas Energy Acquires Mahlmann Lease; New 100 Acre Property Located in Big Creek Salt Dome, Fort Bend, Texas.

HOUSTON -- Lucas Energy, Inc. (OTCBB:LUCE) announced its acquisition of a 100.86 acres oil and gas property: the Mahlmann Lease Prospect (Big Creek Dome Area), located in Fort Bend Country, Texas.

The objective of the project is to re-enter the well and produce from the Vicksburg sand formations. The Mahlmann lease covers other producing horizons such as the Miocene (1,800+'), Frio (2000+'), Vicksburg (6,000+), Yegua (7,500+) and Wilcox (sub-salt 12,000-15,000) formations. These formations also are found in several fields around the Dome in Ft. Bend County, Texas. It is estimated that the re-entry well could produce 80,000 Bbls of oil from each of the upper Vicksburg sands.

The agreement also provides the potential to drill and produce additional new wells on the lease property that are on the same contour or horizon. This is permitted on the Salt Dome where there are no spacing limitations imposed by the State.

The Big Creek Dome Field

This field was discovered by Gulf Oil and The Texas Company (Texaco) in the late 30's and has produced over 7.9 million barrels of oil and more than 2 Bcf of gas from primarily wells at above 2,000 feet.

"The Mahlmann lease acquisition is another significant step forward for Lucas Energy. I am pleased by the steady progress that our Company is making towards building a quality energy portfolio which in turn will to contribute to a healthy bottom line and balance sheet," stated CEO James Cerna, Jr., Lucas Energy, Inc.

ABOUT LUCAS ENERGY

LUCAS ENERGY, Inc. (OTCBB: LUCE) (www.lucasenergy.com), public company traded on the NASDAQ OTC Bulletin Board, is an oil and gas company that is building a diversified portfolio of high value oil and gas assets in the United States. Founded in 2004, Lucas Energy began by identifying underdeveloped oil and gas operations that represented strong potential for development. In May of 2005, the company completed its first acquisition, located in the Pilgrim Field, Gonzales County, Texas. The Company's headquarters are located at 3000 Richmond Avenue, Suite 400, Houston, Texas 77040. The information provided in this Press Release does not constitute an offer or a solicitation of an offer for the purchase or sale of any shares or other securities of Lucas Energy, Inc. There are substantial risks associated with investing in development stage energy exploration companies. No securities commission or similar authority has in any way approved any of the information contained in this press release.

"Safe-Harbor" Statement Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Lucas Energy to differ materially from those implied or expressed by such forward looking statements. This press release speaks as of the date first set forth above and Lucas Energy assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when ordered, inability of potential customers to pay for ordered products, and political and economic risks inherent in international trade.