Lilis Energy, Inc

Lilis Energy, Inc. is a Houston-based independent oil and gas exploration and production company that operates in the Permian’s Delaware Basin, considered amongst the leading resource plays in North America. Lilis Energy’s primary business objective is to increase its Delaware Basin leasehold position, reserves, production and cash flows at attractive rates of return on invested capital in order to enhance shareholder value.

MAXIMIZING RESERVES

Our objective is to increase shareholder value by building reserves, production and cash flows. We seek to maintain a conservative capital structure and continuously monitor our risk profile.  Highlights of our strategy include the following:

• Execute drill-to-production opportunities by converting non-producing properties and undeveloped reserves in core areas to producing assets.
• Maintain financial discipline in terms of exploration and production activities.
• Continue to build scale by pursuing accretive bolt-on acquisition opportunities.

A STRONG, FOCUSED PRESENCE

Lilis Energy focuses its oil exploration and development efforts exclusively on the Permian Basin with headquarters in Houston, TX. The Permian Basin remains one of the oldest, largest and most productive oil provinces in the United States.  We continuously evaluate ways to capitalize on opportunities, both by adding to our core positions and selectively expanding to new areas. Ultimately, we understand our success hinges on the strength of our assets and our collective ability to increase production and reserves, while capturing operating efficiencies.

CORPORATE GOVERNANCE

Employees are encouraged to call the Lilis Ethics Hotline to report violations or possible violations of the Code of Business Conduct, including but not limited to, engaging in or attempting theft of Company property, facilities, or physical resources, and engaging in fraud, waste, misappropriation, unauthorized alteration and intentional damage to Company assets. Employees should also call the Ethics Hotline with concerns about questionable accounting or auditing matters or questions regarding the interpretation of the Code of Business Conduct.  The Lilis Ethics Hotline is an anonymous reporting mechanism that facilitates the reporting of possible illegal, unethical, or improper conduct when the normal channels of communication have proven ineffective, or are impractical under the circumstances. The Ethics Hotline is available to employees, as well as clients, contractors, vendors and others in a business relationship with Lilis Energy, Inc. If you are unsure about where to go with your concerns, or you feel uncomfortable reporting through normal channels of communication, or wish to raise the issue anonymously, you should access the Ethics Hotline.