Lilis Energy, Inc. (NYSE: LLEX)
Company Overview
Lilis Energy, Inc. is a San Antonio-based independent pure play oil and gas E&P company that operates in the Permian’s Delaware Basin.
- Announced in June a 1,500-net acre for acre trade to increase its gross working interest in the Delaware basin by 35%
- Concentrates acreage in core operational area and adds over 100 net operated locations
- ~19,400 net acres
- 90% operated
Lilis Energy Assets; Source: Lilis Energy
Summary
- Q1-2018 Revenue: $14.4 million
- Total Common Stock Outstanding: 60 million
- Enterprise Value: $563 million
- Total Debt: $151 million
- Operating Margin: -36.71%
Management Team
Ronald D. Ormand – Chairman, CEO
Joseph C. Daches – Executive Vice President, CFO & Treasurer
James W. Denny III – Executive Vice President, Production & Operations
Brian Burgher – Senior Land & Business Development Advisor
The Oil and Gas Conference®
Lilis Energy is presenting at EnerCom’s The Oil & Gas Conference® at the Denver Downtown Westin Hotel, Denver, Colo. Aug. 19-23, 2018. EnerCom expects to have more than 80 presenting oil and gas companies and more than 2000 financial professionals attending this year’s conference.
To learn more about the conference and presenter schedule please visit the conference website here.
