Thursday, February 5, 2026

Lilis Energy Announces 2018 CapEx of ~$100 Million, $70 Million Delaware Basin Acquisition

Lilis Energy, Inc. (ticker: LLEX) capped off the end of January with several notable announcements. The company plans to acquire more than 20,000 net acres in the Delaware Basin while maintaining two drilling rigs, targeting 14 gross (11 net) wells. The company’s 2018 D&C CapEx is fully funded and aims for a solid ~$100 million. As of January 27, 2018,

Chevron Announces Gulf of Mexico Discovery

Chevron (ticker: CVX) announced a major oil discovery in the Gulf of Mexico today, at the Ballymore prospect. Ballymore is located in the Mississippi Canyon area of the Gulf, about three miles from Chevron’s Blind Faith platform. Located in over 6,500 feet of water, the initial Ballymore well reached a measured depth of just under 29,200 feet. Chevron reports it