LLEX Profile
Lilis
Energy, Inc., trading under the ticker symbol LLEX, is an independent
oil and gas exploration and production company headquartered in
Houston, Texas. The company's operations are focused on the
exploration and development of unconventional oil and gas assets in
the Permian Basin, which is located in West Texas and Southeastern New
Mexico.
Lilis Energy was founded in 2007 and has grown rapidly
through a combination of organic growth and strategic acquisitions.
The company's strategy is focused on developing high-quality, low-cost
assets in the Permian Basin, with the goal of maximizing shareholder
value through sustainable production growth and strong financial
performance.
As of its most recent financial filings, Lilis
Energy had proven reserves of approximately 56 million barrels of oil
equivalent and had production of approximately 6,400 barrels of oil
equivalent per day. The company's operations are structured as a
master limited partnership (MLP), which provides significant tax
benefits to investors.
Lilis Energy's operations are subject to
a range of risks and uncertainties, including volatility in commodity
prices, operational risks, and regulatory and environmental risks. The
company also faces competition from other oil and gas exploration and
production companies operating in the Permian Basin.
Investors
considering an investment in Lilis Energy should carefully evaluate
the company's financial performance, competitive position, and growth
prospects. While the Permian Basin is a highly attractive region for
oil and gas development, it is also highly competitive, and Lilis
Energy faces significant competition from other players in the region.
Despite these challenges, Lilis Energy has established itself as a
significant player in the Permian Basin, with a strong track record of
growth and profitability. The company has made significant progress in
developing its oil and gas assets and continues to explore new
opportunities for growth and
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