LILIS ENERGY, INC. (OTCMKTS:LLEX) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
EX-99.1 2 exhibit991pressrel372019.htm EXHIBIT 99.1 exhibit991pressrel372019 LLEX:NYSE American LILIS ENERGY ANNOUNCES 2018 FOURTH QUARTER AND FULL-YEAR RESULTS AND PROVIDES 2019 OUTLOOK AND GUIDANCE Management to Review Financial Results and Provide an Operations Update on Conference Call Webcast at 11:00 a.m. ET on Friday,…
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About LILIS ENERGY, INC. (OTCMKTS:LLEX)
Lilis Energy, Inc. is an upstream independent oil and gas company. The Company is engaged in the acquisition, drilling and production of oil and natural gas properties and prospects. The Company drills for, operates and produces oil and natural gas wells through its land holdings located in Wyoming, Colorado, and Nebraska. Its total net acreage in the Denver-Julesburg (DJ) Basin is approximately 7,200 acres. The Company’s primary targets within the DJ Basin are the conventional Dakota and Muddy J formations. In addition to its DJ Basin holdings, it focuses on the Permian’s Delaware Basin in Winkler and Loving Counties, Texas and Lea County, New Mexico. The Company’s net acreage in the Delaware Basin is approximately 4,433 net acres. The vertical well produces approximately 690 net million cubic feet (mcf) per day. The well holds the lease to all depths, from surface down to approximately 22,000 feet, including the Wolfcamp, Bone Springs, and Avalon formations.