Lilis Energy Announces Recent Well Results
LILIS ENERGY (LLEX)
Last lilis energy earnings: 11/7 05:24 pm
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Source: GlobeNewswire
Hippo #2H Reached IP 24 of 2,149 Boepd, 77% Liquids, 478 Boepd per 1,000 ft.AG Hill #1H Reached IP 24 of 1,000 Boepd, 87% Liquids, 223 Boepd per 1,000 ft.Meerkat #1H Reached IP 24 of 1,823 Boepd, 56% Liquids, 393 Boepd per 1,000 ft. SAN ANTONIO, May 30, 2018 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American:LLEX), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today that the Hippo #2H, AG Hill #1H and Meerkat #1H have reached 24-hour initial production rates. Lilis Energy’s Chairman and CEO, Ronald D. Ormand, commented: “Lilis continues to validate our core acreage with our most recent well results. Lilis drilled our best Wolfcamp B well and we are very encouraged by our initial well results of our eastern Texas acreage and delineation of new benches. The Hippo #2H is our highest recorded IP per 1,000 ft. Wolfcamp B well Lilis has drilled to date, and also is the highest recorded Wolfcamp B, (IP per 1,
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