Lilis Energy Announces Strategic Transaction in the Texas Delaware Basin Through Exchange of Acreage
LILIS ENERGY (LLEX)
Last lilis energy earnings: 11/7 05:24 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.lilisenergy.com
Company Research
Source: GlobeNewswire
Exchange approximately 1,500 net acres on an acre for acre basisSignificantly increases Working Interest and Net Revenue Interest in core Texas Delaware acreageConcentrates acreage in core operational area and adds over 100 net operated locationsImmediate increase in production and PDP and PUD reserves at closing HOUSTON, June 11, 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 it has entered into an acre-for-acre trade of approximately 1,500 net acres in Winkler and Loving counties, Texas. The transaction increases Lilis’ Gross Working Interest (GWI) in its Texas Delaware Basin asset up to 35% and further concentrates the Company’s acreage in the Company’s main areas of operational activity. All of the acreage that was traded was in non-operated sections with lower working interests. The transaction is subject to customary adjustme
Show less
Read more
Impact Snapshot
Event Time:
LLEX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LLEX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LLEX alerts
High impacting LILIS ENERGY news events
Weekly update
A roundup of the hottest topics