2 Feb 2018director interest notice● Neutral
LILIS ENERGY, INC. director Mark Daniel Christensen received 23,954 shares and a 45,000-share option grant as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
2 Feb 2018director interest notice● Neutral
LILIS ENERGY, INC. director Merrill A Mcpeak received 38,217 shares as part of the equity award.
2 Feb 2018director interest notice● Neutral
LILIS ENERGY, INC. director R Glenn Dawson received 60,717 shares as part of the equity award.
1 Feb 2018capital raising announcement▲ GoodMajor
Lilis agreed to buy Delaware Basin properties in Lea County, New Mexico from OneEnergy Partners for $70 million ($40 million cash, $30 million stock), funding the cash portion with a striking new $100 million Series C preferred stock sale to funds affiliated with Varde Partners - its second-lien lender graduating into a much larger, equity-like backer of the company's Permian growth.
30 Jan 2018director interest notice● Neutral
LILIS ENERGY, INC. Chief Operating Officer Brennan Dane Short acquired 50,000 shares and disposed of 7,114 in a set of related equity transactions.
8 Jan 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 10,017,280 shares (15.80% of votes) in a periodic institutional filing.
17 Nov 2017debt financing● Neutral
Lilis drew the additional $25 million delayed-draw term loan in full to keep funding its Permian acreage acquisitions and drilling.
17 Nov 2017substantial holder notice● Neutral
The V&#, V&#, George G. Hicks reported a LILIS ENERGY, INC. shareholding of 7,047,040 shares (11.70% of votes) in a periodic institutional filing.
14 Nov 2017asset acquisition disposition▲ GoodMajor
Lilis closed the first tranche of its KEW Drilling Winkler County lease purchase (about 3,200 net acres for $35.8 million) and got Varde to add another $25 million of delayed-draw capacity to keep funding the buildout.
14 Nov 2017quarterly activities report▼ Bad
LILIS ENERGY, INC. reported quarterly revenue of $5.4 million and a net loss of $6.2 million for the period ended 2017-09-30.
13 Nov 2017director interest notice● Neutral
LILIS ENERGY, INC. officer Seth D Blackwell Blackwell received a stock option grant for 100,000 shares.
3 Nov 2017securities registration● Neutral
LILIS ENERGY, INC. filed the final prospectus for a registered offering.
3 Nov 2017securities registration● Neutral
LILIS ENERGY, INC. filed the final prospectus for a registered offering.
24 Oct 2017debt financing● NeutralMajor
Lilis added another $15 million first-lien bridge loan (now at a steeper 10%+6% PIK rate, with Deans Knight Capital Management taking over as collateral agent) and raised its second-lien facility's ceiling to $175 million - continuing to lean hard on secured debt to fund its Permian expansion, at a rising cost of capital.
19 Oct 2017director interest notice● Neutral
LILIS ENERGY, INC. director Merrill A Mcpeak received 22,500 shares as part of the equity award.
19 Oct 2017director interest notice● Neutral
LILIS ENERGY, INC. director Nuno Brandolini received 22,500 shares as part of the equity award.
19 Oct 2017director interest notice● Neutral
LILIS ENERGY, INC. director Peter Benz received 22,500 shares as part of the equity award.
11 Oct 2017director interest notice● Neutral
LILIS ENERGY, INC. 10%+ owner Vertex Fund sold 60,920 shares.
10 Oct 2017director interest notice● Neutral
LILIS ENERGY, INC. officer Seth D Blackwell Blackwell acquired 400,000 shares and disposed of 39,216 in a set of related equity transactions.
10 Oct 2017director interest notice● Neutral
LILIS ENERGY, INC. officer Ariella S Fuchs acquired 300,000 shares and disposed of 56,866 in a set of related equity transactions.
10 Oct 2017director interest notice● Neutral
LILIS ENERGY, INC. Executive Chairman Ronald D Ormand acquired 500,000 shares and disposed of 50,000 in a set of related equity transactions.
10 Oct 2017director interest notice● Neutral
LILIS ENERGY, INC. EVP - Chief Operating Officer Brennan Dane Short acquired 400,000 shares and disposed of 49,706 in a set of related equity transactions.
10 Oct 2017director interest notice● Neutral
LILIS ENERGY, INC. EVP - Chief Financial Officer Joseph C Daches acquired 400,000 shares and disposed of 37,052 in a set of related equity transactions.
10 Oct 2017debt financing▲ GoodMajor
Lilis agreed to buy up to $47 million of undeveloped Winkler County, Texas leasehold from KEW Drilling, drawing the full $45 million delayed-draw tranche of its Varde-led second lien facility to fund it - an aggressive, debt-funded Permian leasehold buildout.
14 Sept 2017director interest notice● Neutral
G Tyler Runnels became a LILIS ENERGY, INC. director and company insider (initial ownership filing).
14 Sept 2017director interest notice● Neutral
Mark Daniel Christensen became a LILIS ENERGY, INC. director and company insider (initial ownership filing).
13 Sept 2017securities registration● Neutral
LILIS ENERGY, INC. filed the final prospectus for a registered offering.
28 Aug 2017securities registration● Neutral
LILIS ENERGY, INC. amended a filing by which it registered a securities offering with the SEC.
18 Aug 2017substantial 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 5,421,614 shares (9.60% of votes) in a periodic institutional filing.
14 Aug 2017material agreement● Neutral
Lilis signed a 10-year gas gathering and processing agreement with Lucid Energy for its new Permian Basin production in New Mexico and Texas, confirming the company's shift into Delaware Basin operations was now producing real volumes to move.