Lilis Energy Inc. , an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced that Joseph C. Daches has been appointed Chief Executive Officer. Mr. David Wood, Chairman of the Board of Directors of the Company, commented, “Joe has done an exceptional job while serving as Interim CEO, and the Board of Directors has full confidence in him to lead the [...]
Lilis Energy Inc. today reported financial and operating results for the third quarter of 2019 and announced the formation of a Special Committee and the engagement of a financial advisor to explore strategic alternatives. Third Quarter 2019 Highlights Significantly decreased cycle times under the Company’s new operations team by reducing average drilling days for longer lateral wells from approximately 45 days to [...]
Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today that it will report third quarter 2019 operating and financial results on Thursday, November 7, 2019 after the market closes on the New York Stock Exchange. Management will host a conference call on Friday, November 8, 2019 at 11:00 AM Eastern Time to review financial results [...]
Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas and southeastern New Mexico, today reported financial and operating results for the second quarter of 2019. Second Quarter 2019 Highlights Increased net sales production volumes by 32% to 6,341 Boepd, including a 50% increase in crude oil production to 3,925 Bopd, for the three months ended June 30, 2019, as compared to [...]
Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today that it will report second quarter 2019 operating and financial results on Friday, August 9, 2019 before the market open on the New York Stock Exchange. Management will host a conference call on Friday, August 9, 2019 at 11:00 AM Eastern Time to review financial results and [...]
60 Oil & Gas industry leaders are slated for the first two days of EnerCom's 24<sup>th</sup> Denver conference EnerCom has released the presentation schedule for the oil and gas companies presenting at its 24th annual The Oil & Gas Conference® on Aug. 11-14, 2019, in Denver, Colorado. Day One Presenting Companies at the 2019 EnerCom Conference Aug. 12, 2019, the first day of the EnerCom conference presentation schedule, features a large, established group of operators working across North America's shale basins and internationally, including: Cabot Oil & Gas – – one of the largest Marcellus-focused gas producers; Cabot's 2019 capital budget is approximately $800 million; for 2019 Cabot plans to drill and complete 85 to 90 net wells and place 80... [...]
Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas and southeastern New Mexico, today announced that Ron Ormand, currently Chairman of the Board of Directors and Chief Executive Officer , has notified the Board of his planned retirement from the Company effective June 6, 2019. The Board has elected David M. Wood to serve as Chairman of the Board and Joe Daches [...]
Benefit from the energy industry insight of an international integrated energy major EnerCom is pleased to announce that global oil and gas giant Eni, SpA Vice President Andrew Lees will deliver the keynote luncheon address at EnerCom's The Oil & Gas Conference® on Aug. 14, 2019. Eni, SpA Eni, SpA is an Italian global oil and gas and energy company operating in 67 countries worldwide, with 30,000 employees in [...]
Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas and southeastern New Mexico, today reported financial and operating results for the first quarter of 2019. First Quarter 2019 Highlights Increased net sales production volumes by 75% to 6,058 BOE/d, including a 52% increase in crude oil production to 3,530 BOE/d, for the quarter ended March 31, 2019, as compared to the [...]
Lilis Energy Inc. , an exploration and production company operating in the Permian Basin of West Texas and southeastern New Mexico, today announced certain operating and financial results for the first quarter of 2019. Highlights include: Oil production of 3,530 Bop/d, above the mid-point of Lilis guidance range of 3,400 -3,600 Bop/d NGL production of 827 Bbls/d compared to guidance of 800 – 1,000 Bbls/d Boep/d [...]
Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas and southeastern New Mexico, announced that Ronald D. Ormand, Chairman and Chief Executive Officer, will present and conduct one-on-one meetings at two upcoming investment conferences. Mr. Ormand will provide an update on Lilis Energy’s operations and provide an overview of the Company’s strategic [...]
Lilis Energy Inc. , an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced its 2018 fourth-quarter and full-year results and 2019 outlook and guidance. The Company has provided a detailed presentation on its website. Ronald D. Ormand, Chairman and Chief Executive Officer, commented, “Lilis demonstrated significant operational, and financial [...]