News Releases

December 02, 2020

Summary Toggle Lilis Energy Announces Closing of Asset Sale, Expected Effective Date of Its Liquidating Chapter 11 Plan and Suspension of SEC Reporting

FORT WORTH, Texas , Dec. 02, 2020 (GLOBE NEWSWIRE) -- Lilis Energy , Inc. (OTC: LLEXQ) (the “Company”), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico , today announced the closing of the sale of substantially all of the assets of the
November 19, 2020

Summary Toggle Lilis Energy Announces Confirmation of Modified Debtors’ Liquidating Chapter 11 Plan

FORT WORTH, Texas , Nov. 19, 2020 (GLOBE NEWSWIRE) -- Lilis Energy , Inc. (OTC: LLEXQ) (the “Company"), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico , today announced that the United States Bankruptcy Court for the Southern District
November 09, 2020

Summary Toggle CORRECTION: Lilis Energy Announces Ameredev Texas LLC as Winning Bidder for Substantially all of Its Assets in Competitive Auction as Part of Chapter 11 Process

FORT WORTH, Texas, Nov. 09, 2020 (GLOBE NEWSWIRE) -- This press release corrects the prior press release dated November 8, 2020 solely with respect to the time and date of the Bankruptcy Court hearing to approve the proposed sale of assets. Lilis Energy, Inc. (OTC: LLEXQ) (the “Company"), an
November 08, 2020

Summary Toggle Lilis Energy Announces Ameredev Texas LLC as Winning Bidder for Substantially All of Its Assets in Competitive Auction as Part of Chapter 11 Process

FORT WORTH, Texas, Nov. 08, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (OTC: LLEXQ) (the “Company"), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced that, following a comprehensive sale process and a competitive
August 17, 2020

Summary Toggle Lilis Energy to Pursue Sale Process

FORT WORTH, Texas , Aug. 17, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. ( OTC Pink Marketplace : LLEXQ) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , announced today that certain investment funds and entities
June 30, 2020

Summary Toggle Lilis Energy Receives Delisting Notice From NYSE American Transitions to OTC Pink Marketplace

FORT WORTH, Texas , June 30, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX; OTC Pink: LLEXQ) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , announced today that it has received notification dated
June 29, 2020

Summary Toggle Lilis Energy Voluntarily Files for Chapter 11 Bankruptcy

New Director Appointed FORT WORTH, Texas , June 29, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , announced today that it has filed petitions under

April 30, 2020

Summary Toggle Lilis Energy Announces 2019 Fourth Quarter and Full-Year Results

FORT WORTH, Texas , April 30, 2020 (GLOBE NEWSWIRE) -- Lilis Energy , Inc. (NYSE American: LLEX) (the “Company"), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico , today announced its 2019 fourth-quarter and full-year results.
April 21, 2020

Summary Toggle Lilis Energy Receives Additional Extension on Final Borrowing Base Deficiency Payment and Deferral on Borrowing Base Redetermination

FORT WORTH, Texas , April 21, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , announced today that the Company’s bank lending group has agreed to amend
April 15, 2020

Summary Toggle Lilis Energy Announces Actions in Response to Current Market Conditions and Director Resignations

FORT WORTH, Texas , April 15, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , announced today that the Company is taking measures to reduce costs given
April 14, 2020

Summary Toggle Lilis Energy Receives Additional Extension on Final Borrowing Base Deficiency Payment

FORT WORTH, Texas , April 14, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , announced today that the Company’s bank lending group has agreed to amend
March 30, 2020

Summary Toggle LILIS ENERGY RECEIVES ADDITIONAL EXTENSION ON THIRD BORROWING BASE DEFICIENCY PAYMENT

FORT WORTH, Texas , March 30, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , announced today that the Company’s bank lending group has agreed to amend
March 16, 2020

Summary Toggle LILIS ENERGY RECEIVES EXTENSION ON THIRD BORROWING BASE DEFICIENCY PAYMENT

FORT WORTH, Texas , March 16, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , announced today that the Company’s bank lending group has agreed to
March 13, 2020

Summary Toggle LILIS ENERGY ANNOUNCES RESIGNATION AND APPOINTMENT OF NEW CHAIRMAN OF THE BOARD

FORT WORTH, Texas , March 13, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , announced today that David M.
February 28, 2020

Summary Toggle Lilis Energy Closes Previously Announced Undeveloped Acreage Sale And Receives Further Extension On The Take-Private Offer From Major Shareholder

FORT WORTH, Texas , Feb. 28, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , announced today that it has closed the previously announced sale of
February 17, 2020

Summary Toggle Lilis Energy Announces Extension of Expiration Date for Take Private Offer From Major Shareholder

FORT WORTH, Texas, Feb. 17, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , today announced that Värde Partners, Inc.
February 14, 2020

Summary Toggle Lilis Energy Receives Extension on Initial Borrowing Base Deficiency Payment and Signs Purchase and Sale Agreement to Divest Certain Assets

FORT WORTH, Texas , Feb. 14, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , today announced that the Company’s bank lending group has agreed to extend
February 13, 2020

Summary Toggle NYSE American Approves Lilis’ Plan to Regain Compliance

FORT WORTH, Texas , Feb. 13, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , announced that on February 7, 2020 the NYSE American LLC (“NYSE American”)
February 06, 2020

Summary Toggle Lilis Energy Receives Extension on Initial Borrowing Base Deficiency Payment

FORT WORTH, Texas , Feb. 06, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , today announced that the Company’s bank lending group has agreed to extend
January 24, 2020

Summary Toggle Lilis Energy Receives Extension on Initial Borrowing Base Defiency Payment

FORT WORTH, Texas , Jan. 24, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , today announced that the Company’s bank lending group has agreed to extend
January 21, 2020

Summary Toggle Lilis Energy Completes Fall Borrowing Base Redetermination

FORT WORTH, Texas , Jan. 21, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , today announced that its lenders have completed the scheduled
January 13, 2020

Summary Toggle Lilis Energy Receives Non-Binding Cash Take Private Offer From Major Shareholder

FORT WORTH, Texas , Jan. 13, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , today announced that it has received a non-binding offer from Värde
December 06, 2019

Summary Toggle Lilis Energy Notified of NYSE American Listing Deficiency

FORT WORTH, Texas , Dec. 06, 2019 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico , announced that on December 3, 2019 , Lilis Energy, Inc.