LILIS ENERGY, INC. (OTCMKTS:LLEX) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition
On March 15, 2017, Lilis Energy, Inc. (the Company) issued a
press release announcing information regarding the Companys
preliminary results of operations and its anticipated 2017
drilling and completion capital budget. A copy of the press
release is attached to this Form 8-K as Exhibit 99.1 and is
incorporated herein by reference.
The information furnished under this Item 2.02, including the
accompanying Exhibit 99.1, shall not be deemed to be filed for
the purposes of Section 18 of the Securities Exchange Act of 1934
(the Exchange Act), or otherwise subject to the liability of such
section, nor shall such information be deemed to be incorporated
by reference in any subsequent filing by the Company under the
Securities Act of 1933 or the Exchange Act, regardless of the
general incorporation language of such filing, except as
specifically stated in such filing.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release, dated March 15, 2017. |
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. LILIS ENERGY, INC. (OTCMKTS:LLEX) Recent Trading Information
LILIS ENERGY, INC. (OTCMKTS:LLEX) closed its last trading session down -0.10 at 4.34 with 311,603 shares trading hands.