-- Average 2017 daily production increased 350% year over year to 1,575 Boepd -- Total production during 2017 was 575,229 net Boe, an increase of 350% year over year -- Average 4Q17 daily production increased 206% to 1,925 Boepd from 4Q16 -- Net Acreage increased by over 100% year over year to ~16,000 net acres, with ~8,800 net acres added in 2017 -- Increased proved reserves by over 950% during 2017 -- Midstream solution [...]
SAN ANTONIO, Feb. 21, 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 its has executed an amendment with its Senior Lender, Second Lien Lenders and Preferred Equity Holder authorizing the repurchase of up to $10 million of the Company's common stock in the open market. The commencement of any [...]
Kudu #2H Reached IP 24 of 1,475 Boepd, 75% Liquids on 4,936 Foot Lateral SAN ANTONIO, Feb. 12, 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 Kudu #2H has reached a 24-hour initial production rate of 1,475 Boepd on a three-stream basis, at 299 Boepd per 1,000 ft. The well is currently [...]
SAN ANTONIO, Jan. 31, 2018 /PRNewswire/ -- Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced its 2018 capital budget and issued guidance as to anticipated production. 2018 Plan highlights: Focus on geological and geographical delineation of our highly contiguous position Surpass 20,000 net acres in the Delaware Basin and [...]
SAN ANTONIO, Jan. 31, 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 entered into a definitive purchase and sale agreement with OneEnergy Partners Operating, LLC to acquire approximately 2,798 net acres in the Delaware Basin and associated production of approximately 425 net Boepd [...]
SAN ANTONIO, Jan. 31, 2018 /PRNewswire/ -- Lilis Energy Inc. announced today that it has signed a new $50 million first lien term loan with Riverstone Credit Partners, L.P. . It is anticipated that the new credit facility will be funded in full at closing tomorrow. The new credit facility will have additional availability of up to an additional $30 million which will be uncommitted at closing. The new credit facility [...]
EnerCom's Texas-based oil and gas investment conference—EnerCom Dallas—will kick off on Feb. 21, 2018. EnerCom Dallas will feature presentations from C-level executives at publicly traded and private oil and natural gas companies, as well as energy experts and analysts who will discuss global energy trends and projected economics of the industry in 2018 and 2019. EnerCom Dallas Conference Dates and Location [...]
Tiger #1H Reached 1,803 Boepd, 72% Liquids on 4,108 Foot Lateral SAN ANTONIO, Jan. 8, 2018 /PRNewswire/ -- Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas, announced today that the Tiger #1H has reached a 24-hour initial production rate of 1,803 Boepd on a three-stream basis, at 439 Boepd per 1,000 ft. or 242 Bopd per 1,000 ft. of lateral. The well is currently [...]
Prizehog BWX State Com #1H Reached 1,127 Boepd, 89% Liquids on 4,720 Foot Lateral SAN ANTONIO, Nov. 28, 2017 /PRNewswire/ -- Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas, announced today that the Prizehog BWX State Com #1H reached a 24-hour initial production rate of 1,127 Boepd on a three-stream basis, at 239 Boepd per 1,000 ft or 170 Bopd per 1,000 ft of [...]
- Completed first round of recently announced acquisitions totaling ~4,100 net acres, bringing total net acreage to ~15,400, an increase of over 50% from the second quarter of 2017 - The Wildhog #1H recorded an IP30 day rate of 839 BOE/D - The Prizehog BWZ State Com #1H and Tiger #1H are on flow back producing hydrocarbons - Lucid Energy Delaware, LLC. long-term gas gathering, processing, and purchase agreement is [...]
Over 4,000 Net Contiguous & Overlapping Acres in Winkler County YE 2017 Guidance of 15,000 Net Acres Exceeded Wildhog BWX State Com #1H Reached 997 Boepd, 86% Liquids on 4,567 Foot Lateral Provides Significant Deliniation Data Point for Eastern Acreage Existing Liquidity & Cash Flow Sufficient to Fund Acquisition and Development Program through 2018 SAN ANTONIO, Oct. 4, 2017 /PRNewswire/ -- Lilis Energy Inc. (NYSE [...]
SAN ANTONIO, Texas, Sept. 25, 2017 /PRNewswire/ -- Lilis Energy Inc. (NYSE American: LLEX), an exploration and development company operating in the Permian Basin of West Texas, announced today that Ronald D. Ormand, the Company's Executive Chairman of the Board, will present at the Johnson Rice & Company 2017 Energy Conference on September 27, 2017 at 11:00am Central Time, at the Ritz Carlton New Orleans, in Salon II. Mr [...]
+5,17 %
+2,31 %
0,00 %
-65,40 %