Current LLEX Stock Info

Acquires 4,000 net Delaware basin acres from private seller at rock-bottom prices
Despite a recent leveling off of drilling activity in the U.S., money continues to pour into the Permian basin.

Last week Lilis Energy (ticker: LLEX) announced that it had acquired over 4,000 net acres from a private seller, adding to its Delaware basin holdings. The acreage acquired is very contiguous, and compliments the holdings Lilis already owns, the company said in a press release.

While the company did not report the production of the new acreage, it...

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