24 Oct 2018securities registration● Neutral
LILIS ENERGY, INC. filed notice of an exempt private placement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
24 Oct 2018quarterly activities report▼ Bad
LILIS ENERGY, INC. reported quarterly revenue of $19.5 million and a net loss of $2.9 million for the period ended 2018-09-30.
16 Oct 2018substantial holder notice● Neutral
The Värde Fund XI G.P., LLC, The Värde Fund XII G.P., L.P, The Värde Fund XII UGP, LLC, The Värde Skyway Master Fund, L.P, The Värde Skyway Fund G.P., LLC, The Värde Fund VI-A, L.P, Värde Investment Partners, L.P, Värde Investment Partners G.P., LLC, Värde Partners, L.P, Värde Partners, Inc, George G. Hicks reported a LILIS ENERGY, INC. shareholding of 23,739,470 shares (27.00% of votes) in a periodic institutional filing.
16 Oct 2018debt financing▲ GoodMajor
Lilis graduated to conventional bank financing: a five-year, $500 million senior secured revolving credit facility led by BMO Harris Bank, with an initial $95 million borrowing base (subject to semiannual May/November redeterminations) and $60 million drawn at closing to retire its prior $50 million first-lien facility - a real reduction in the cost and complexity of its debt stack, now subject to leverage and current-ratio covenants.
28 Sept 2018substantial holder notice● Neutral
Encompass Capital Advisors LLC, Encompass Capital Partners LLC, Todd J. Kantor disclosed a new substantial LILIS ENERGY, INC. shareholding (5.50% of votes).
25 Sept 2018securities registration● Neutral
LILIS ENERGY, INC. filed a prospectus supplement for an offering off its existing shelf.
25 Sept 2018listing compliance notice▼ Bad
LILIS ENERGY, INC. withdrew a registration statement, abandoning the offering it covered.
20 Sept 2018substantial holder notice● Neutral
OneEnergy Partners Operating, LLC, OneEnergy Partners Management Holdings, LLC, OneEnergy Partners, LLC, Carnelian OneEnergy Holdings, LLC, Carnelian Energy Capital, L.P, Carnelian Energy Capital GP, L.P, Tomas Ackerman, Daniel Goodman reported no remaining LILIS ENERGY, INC. shareholding in its periodic institutional filing.
20 Sept 2018securities registration● Neutral
LILIS ENERGY, INC. registered a securities offering with the SEC using its shelf eligibility.
9 Aug 2018quarterly activities report▼ Bad
LILIS ENERGY, INC. reported quarterly revenue of $17.5 million and a net loss of $31.2 million for the period ended 2018-06-30.
3 Aug 2018material agreement▲ Good
Lilis secured firm long-haul pipeline capacity to the Gulf Coast through an SCM Crude takeaway agreement, locking in 5,000-6,000 barrels/day of committed shipping and Magellan East Houston-linked pricing starting mid-2019.
23 May 2018material agreement▲ GoodMajor
Lilis locked in long-term Permian infrastructure with Salt Creek Midstream - a 12-year crude gathering deal plus a gas-midstream option for which Salt Creek paid Lilis $35 million upfront, a real non-dilutive cash injection to support the buildout.
10 May 2018quarterly activities report● Neutral
LILIS ENERGY, INC. reported quarterly revenue of $14.4 million and net income of $12.2 million for the period ended 2018-03-31.
10 May 2018quarterly activities report● Neutral
LILIS ENERGY, INC. reported quarterly revenue of $14.4 million and net income of $12.2 million for the period ended 2018-03-31.
20 Apr 2018securities registration● Neutral
LILIS ENERGY, INC. registered a securities offering with the SEC using its shelf eligibility.
30 Mar 2018substantial holder notice● Neutral
ABRAHAM MIRMAN reported a LILIS ENERGY, INC. shareholding of 3,119,319 shares (5.00% of votes) in a periodic institutional filing.
21 Mar 2018substantial holder notice● Neutral
OneEnergy Partners Operating, LLC, OneEnergy Partners Management Holdings, LLC, OneEnergy Partners, LLC, Carnelian OneEnergy Holdings, LLC, Carnelian Energy Capital, L.P, Carnelian Energy Capital GP, L.P, Tomas Ackerman, Daniel Goodman disclosed a new substantial LILIS ENERGY, INC. shareholding (12.97% of votes).
14 Feb 2018substantial holder notice● Neutral
Marc Ezralow reported a LILIS ENERGY, INC. shareholding of 3,004,342 shares (5.64% of votes) in a periodic institutional filing.
14 Feb 2018substantial holder notice● Neutral
ROSSEAU ASSET MANAGEMENT LTD, WARREN B. IRWIN, ROSSEAU LIMITED PARTNERSHIP, ROSSEAU GENPAR LTD reported a LILIS ENERGY, INC. shareholding of 2,712,334 shares (4.90% of votes) in a periodic institutional filing.
13 Feb 2018substantial holder notice● Neutral
Bryan Ezralow reported a LILIS ENERGY, INC. shareholding of 3,759,407 shares (7.05% of votes) in a periodic institutional filing.
13 Feb 2018substantial holder notice● Neutral
Jonathan M. Glaser, Nancy E. Glaser, The Jonathan & Nancy Glaser Family Trust DTD reported a LILIS ENERGY, INC. shareholding of 2,334,887 shares (4.38% of votes) in a periodic institutional filing.
9 Feb 2018securities registration● Neutral
LILIS ENERGY, INC. filed notice of an exempt private placement.
9 Feb 2018substantial holder notice● Neutral
John Thiessen, Vertex One Asset Management, Inc, Vertex Fund reported a LILIS ENERGY, INC. shareholding of 7,189,480 shares (13.49% of votes) in a periodic institutional filing.
5 Feb 2018substantial holder notice● Neutral
The Värde Fund XI G.P., LLC, The V&#, The Värde Skyway Master Fund, L.P, The Värde Skyway Fund G.P., LLC, V&#, Värde Partners, L.P, George G. Hicks reported a LILIS ENERGY, INC. shareholding of 19,429,044 shares (25.40% of votes) in a periodic institutional filing.
2 Feb 2018director interest notice● Neutral
LILIS ENERGY, INC. director Nuno Brandolini received 34,884 shares as part of the equity award.
2 Feb 2018director interest notice● Neutral
LILIS ENERGY, INC. director Peter Benz received 34,884 shares as part of the equity award.
2 Feb 2018director interest notice● Neutral
LILIS ENERGY, INC. director G Tyler Runnels received 23,954 shares and a 45,000-share option grant as part of the equity award.
2 Feb 2018director interest notice● Neutral
LILIS ENERGY, INC. 10%+ owner Varde Investment Partners LP bought 100,000 shares on the open market.
2 Feb 2018director interest notice● Neutral
G Tyler Runnels became a LILIS ENERGY, INC. director and company insider (initial ownership filing).
2 Feb 2018director interest notice● Neutral
LILIS ENERGY, INC. 10%+ owner George G Hicks bought 100,000 shares on the open market.