Lilis Energy (OTC: LLEX) acquires, drills for, and produces oil and natural gas properties and prospects in the United States. The company holds interests in approximately 5,300 net acres in Permian Basin and approximately 7,600 net acres in the Denver-Julesburg basin. As of December 31, 2015, it had estimated proved reserves of 33,430 barrels of oil, and 141,450 thousand cubic feet of natural gas. The company was formerly known as Recovery Energy, Inc. and changed its name to Lilis Energy, Inc. in December 2013. For more information, visit the company’s website at www.lilisenergy.com.
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