Prizehog #2H : Reached IP 24 of 1,825 Boepd, 76% Liquids, 411 Boepd per 1,000 ft. Wildhog #2H : Reached IP 24 of 1,756 Boepd, 55% Liquids, 386 Boepd per 1,000 ft. Howell #1H : Reached IP 24 of 1,401 Boepd, 49% Liquids, 350 Boepd per 1,000 ft. Antelope #1H : Reached IP 24 of 1,309 Boepd, 53% Liquids, 235 Boepd per 1,000 ft. Increases Year-End Exit Rate Production Guidance to 8,000 Boepd HOUSTON, July 23, 2018 -- [...]
Exchange approximately 1,500 net acres on an acre for acre basis Significantly increases Working Interest and Net Revenue Interest in core Texas Delaware acreage Concentrates acreage in core operational area and adds over 100 net operated locations Immediate increase in production and PDP and PUD reserves at closing HOUSTON, June 11, 2018 -- Lilis Energy Inc. , an exploration and development company operating in the [...]
HOUSTON, June 04, 2018 -- Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today the appointment of David M. Wood to the Lilis Energy Board of Directors. Mr. Wood is replacing G. Tyler Runnels who has resigned from the Board of Directors. “On behalf of the entire board of directors, I welcome David, who brings substantial [...]
Hippo #2H Reached IP 24 of 2,149 Boepd, 77% Liquids, 478 Boepd per 1,000 ft. AG Hill #1H Reached IP 24 of 1,000 Boepd, 87% Liquids, 223 Boepd per 1,000 ft. Meerkat #1H Reached IP 24 of 1,823 Boepd, 56% Liquids, 393 Boepd per 1,000 ft. SAN ANTONIO, May 30, 2018 -- Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today that the [...]
SAN ANTONIO, Texas, May 23, 2018 -- Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of west Texas and southeastern New Mexico, today announced that the Company has entered into a crude oil gathering agreement with Salt Creek Midstream, LLC, an ARM Energy Holdings’ affiliate. The agreement supports Lilis’ continuing strategic efforts to secure long-term infrastructure [...]
SAN ANTONIO, May 14, 2018 -- Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of west Texas and southeastern New Mexico, announced that Ronald D. Ormand, Chairman and Chief Executive Officer, will present and conduct one-on-one meetings at four investment conferences during May and June 2018. Mr. Ormand will provide an update on Lilis Energy’s operations and performance, and [...]
AVERAGE Q1 2018 PRODUCTION OF 3,465 BOEPD CURRENT PRODUCTION EXCEEDING 6,500 BOEPD REITERATE 2018 EXIT RATE GUIDANCE OF 7,500 BOEPD SAN ANTONIO, Texas, May 10, 2018 -- Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of west Texas and southeastern New Mexico, today reported financial results for its 2018 first quarter ended March 31, 2018 and provided an operations update. Ronald [...]
SAN ANTONIO, May 09, 2018 -- Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced the appointment of Nicholas Steinsberger to its Board of Directors. “We are pleased to welcome Nick to the Lilis Board of Directors. His technical expertise and proven track record make him ideally suited for Lilis. On behalf of the entire [...]
Ronald D. Ormand Becomes Chief Executive Officer James W. Denny III Appointed Executive Vice President of Production & Operations SAN ANTONIO, April 10, 2018 -- Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today that Executive Chairman Ronald D. Ormand has been appointed Chief Executive Officer in addition to Chairman of the [...]
Grizzly #2H Reached IP 24 of 1,576 Boepd, 73% Liquids, 333 Boepd per 1,000 ft. Lion #3H Reached IP 24 of 1,756 Boepd, 65% Liquids, 373 Boepd per 1,000 ft. SAN ANTONIO, March 27, 2018 /PRNewswire/ -- Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today that the Grizzly #2H and the Lion #3H have reached 24-hour initial production [...]
SAN ANTONIO, March 26, 2018 /PRNewswire/ -- Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today its third party operated midstream system has commenced operations. In addition, the Company announced that its current production is in excess of 5,000 Boepd and growing as the midstream system reaches maximum efficiency and [...]
Net Acreage Position Increases To Over 19,000 Acres SAN ANTONIO, March 19, 2018 /PRNewswire/ -- Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico announced today that it has closed the previously announced purchase and sale agreement to acquire approximately 2,798 net acres in southeastern New Mexico in the Delaware Basin . Aggregate [...]