Current LLEX Stock Info

Lilis Energy (ticker: LLEX) is exclusively involved in exploration and development in the Permian basin. As of June, 2017, the company currently holds over 10,000 net acres in the Delaware basin and estimates that its acreage holds over 500 potential horizontal net drilling locations.

Lilis merged with Brushy Resources in 2016, which—at the time—expanded the company’s acreage by 185%.

The company plans to drill 11 gross (9 net) wells during 2017, comprised of both vertical re-entries and new projects, into the Wolfcamp B formation. As of ...

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