Lilis Energy Provides Third Quarter Operations And Corporate Update

– Completed first round of recently announced acquisitions totaling ~4,100 net acres, bringing total net acreage to ~15,400, an increase of over 50% from the second quarter of 2017

– The Wildhog #1H recorded an IP30 day rate of 839 BOE/D (83% Liquids)

– The Prizehog BWZ State Com #1H and Tiger #1H are on flow back producing hydrocarbons

– Lucid Energy Delaware, LLC. long-term gas gathering, processing, and purchase agreement is expected to tie in New Mexico production November 15, 2017 with Texas commencing in early December 2017, resolving transitory production curtailment issues completely in 2018

– Production guidance of 5,000 – 5,300 BOE/D expected January 2018

– Liquidity enha…

Lilis Energy Inc News Release

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