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EX-99.1 - EXHIBIT 99.1 - LILIS ENERGY, INC.v450519_ex99-1.htm

  

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 12, 2016

 

 

 

LILIS ENERGY, INC.

(Exact name of registrant as specified in its charter)

 

Nevada   001-35330    74-3231613
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

216 16th Street, Suite #1350, Denver, Colorado   80202
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code:  (210) 999-5400

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

Item 8.01.Other Events.

 

On October 13, 2016, Lilis Energy, Inc. (the “Company”) announced that it has acquired certain oil and gas properties (the “Properties”) located in Winkler County, Texas (the “Acquisition”) for a purchase price of $3,000,000. A copy of the press release is included as Exhibit 99.1 and incorporated by reference herein.

 

The Properties consist of 500 net acres in the Delaware Basin and a 78% working interest in a producing vertical well. The Acquisition closed on October 12, 2016, but was effective as of August 1, 2016.

 

Item 9.01Financial Statements and Exhibits.

 

(d)Exhibits.

 

EXHIBIT NO.   DESCRIPTION
99.1   Press Release issued October 13, 2016

  

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  LILIS ENERGY, INC.
   
  By:  /s/ Kevin Nanke  
  Name: Kevin Nanke
  Title: Executive Vice President and Chief Financial Officer
  Dated:   October 13, 2016

 

 

EXHIBIT INDEX

 

EXHIBIT NO.   DESCRIPTION
99.1   Press Release issued October 13, 2016

 

2