X0206 3 2012-09-11 0 0001309082 LUCAS ENERGY, INC. LEI 0001558542 Young Capital Management, LLC 1491 GLENVILLE DRIVE LOS ANGELES CA 90035 0 0 0 1 See Explanation of Responses 0001558541 Young Capital Partners, LP 1491 GLENVILLE DRIVE LOS ANGELES CA 90035 0 0 0 1 See Explanation of Responses 0001558543 Young Joshua D 1491 GLENVILLE DRIVE LOS ANGELES CA 90035 0 0 0 1 See Explanation of Responses Common Stock, $0.001 par value 196666 I By Young Capital Partners, LP Common Stock, $0.001 par value 1470000 I By Meson Capital Constructive Partners L.P. Common Stock Warrants (right to buy) 2.86 2011-07-03 2016-07-03 Common Stock, $0.001 par value 50000 I By Young Capital Partners, LP Common Stock Warrants (right to buy) 2.30 2012-10-18 2017-10-18 Common Stock, $0.001 par value 87500 I By Young Capital Partners, LP Common Stock Warrants (right to buy) 2.00 2012-09-11 2013-09-11 Common Stock, $0.001 par value 12500 I By Young Capital Partners, LP Common Stock Warrants (right to buy) 2.00 2012-09-11 2013-09-11 Common Stock, $0.001 par value 187500 I By Meson Capital Constructive Partners L.P. This Form 3 is filed jointly by Young Capital Partners, LP ("Young LP"), Young Capital Management, LLC ("Young LLC") and Joshua D. Young. Each of the Reporting Persons is a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. Securities owned directly by Young LP, and owned indirectly by Young LLC by virtue of it being the general partner of Young LP and by Joshua D. Young by virtue of his position as managing member of Young LLC. Securities owned directly by Meson Capital Constructive Partners L.P. ("Meson Constructive"). Young LLC is entitled to receive a portion of the incentive allocation earned by Meson Capital Partners LLC in its capacity as the general partner of Meson Constructive. The Warrants contain a "blocker" provision which restricts exercise of any portion of the Warrants to the extent that after giving effect to such exercise, the holder thereof would beneficially own in excess of 9.99% of the Issuer's outstanding shares of Common Stock, subject to increase or decrease to the ownership limitation as set forth in the Warrants, but in no event greater than 9.99% of the shares of Common Stock outstanding. The Warrants contain a "blocker" provision which restricts exercise of any portion of the Warrants to the extent that after giving effect to such exercise, the holder thereof would beneficially own in excess of 4.99% of the Issuer's outstanding shares of Common Stock, subject to increase or decrease to the ownership limitation as set forth in the Warrants, but in no event greater than 9.99% of the shares of Common Stock outstanding. By: Young Capital Partners, LP, By: Young Capital Management, LLC, General Partner, By: /s/ Joshua D. Young, Managing Member 2012-09-21 By: Young Capital Management, LLC, General Partner, By: /s/ Joshua D. Young, Managing Member 2012-09-21 By: /s/ Joshua D. Young 2012-09-21