Lilis Energy Inc.

DENVER, April 21, 2014 (GLOBE NEWSWIRE) -- Lilis Energy Inc. (Nasdaq:LLEX), an oil and gas exploration and production company focused on development in the Wattenberg Field and surrounding areas of the Denver-Julesburg (DJ) Basin, received a letter on April 17, 2017 from the Nasdaq Stock Market LLC ("Nasdaq") notifying Lilis Energy that it was no longer in compliance with Nasdaq Rule 5250(c)(1) related to the filing of [...]

3 Horizontal Wells to Drill in April: Lang Prospect – 2 Niobrara, 1 Codell 2 Horizontal Wells to Spud in June: Sawyer Prospect – 1 Niobrara, 1 Codell Initial Well in Lang Prospect area now completed – results expected in late April DENVER, April 2, 2014 (GLOBE NEWSWIRE) -- Lilis Energy Inc. (Nasdaq:LLEX), an oil and gas exploration and production company focused on development in the Wattenberg Field [...]

Lilis Energy, announced today that it has terminated the previously announced Letter of Intent to acquire all of the issued and outstanding common shares of Calgary-based Shoreline Energy. Lilis Energy Inc. will continue to explore other acquisition opportunities.

DENVER, Feb. 13, 2014 (GLOBE NEWSWIRE) -- Lilis Energy Inc. (Nasdaq:LLEX), an oil and gas exploration and production company focused on development in the Wattenberg field and surrounding areas of the Denver-Julesburg (DJ) Basin where it holds 110,000 net acres, announced today the appointment of Nuno Brandolini and Robert Bell to the Company's Board of Directors. Their appointments bring the current Lilis Energy Board to [...]

Lilis Energy announced today that it has entered into a letter of intent (LOI) to acquire all of the issued and outstanding common shares of Calgary-based Shoreline Energy. The Boards of Directors of Lilis Energy and Shoreline Energy, subject to completion of due diligence, as well as negotiation and execution of a definitive agreement in respect of the transaction, have unanimously approved entering into the LOI. Closing [...]

Lilis Energy announced today that it has reached agreement with all of the holders of its outstanding series of Convertible Debentures to convert up to all of the debentures to shares of the Company's common stock. The terms of the agreement call for an immediate conversion of $9 million of the approximately $15.6 million in outstanding debentures; the balance of $6.6 million may, at the option of the holders, be [...]

Lilis Energy announced today that it has closed on a $7.5 million financing in the form of a private placement of restricted units, with each unit consisting of one share of its common stock and one common stock purchase warrant. The Company sold 3,750,000 units at a price of $2.00 per unit. Each warrant has an exercise price of $2.50 per share and is exercisable beginning six months from the issuance date, for a period [...]

Recovery Energy announced that its shareholders voted and approved to change the corporate name to Lilis Energy, Inc. The new corporate CUSIP number is 532403 102. The Company's new ticker symbol will be: LLEX, trading on NASDAQ, and is scheduled to take effect on December 2, 2013. The new corporate website URL will be: lilisenergy.com, effective in December 2013. Until announced, the current website