Lilis Energy Premium Assets Permian Entry Top Shale Plays In June 2016, Lilis entered the Permian Basin through a Delaware Basin and DJ Basin merger with a distressed Delaware Basin operator Acquired producing Permian asset at…
Investment Highlights Acquire: Target financially distressed companies with economic production Continue Dual Growth Strategy and attractive acreage primarily in core area of Permian Basin Acquire & Develop Develop: Pursue drilling…
Recent Activity Financing Closed Equity Financing Raised 24 million of equity Closed Debt Financing Initial draw of 31 million, 6% interest 50 million facility In connection with the merger, Lilis has restructured a total of 60…
Permian Asset Overview Contiguous acreage on Loving-Winkler County line in Texas and Lea County, New Mexico 5,300 Net acres, 91% HBP 19 vertical wells & 2 Horizontal producing from multiple formations: Wolfcamp, Brushy Canyon,…
Delaware Offset Well Map Lilis Energy acreage in Yellow Silver Hill acreage in Blue Strictly Private and Confidential 7
Strategic Advantage Significant Value in Delaware Existing Well Logs Vertical wellbores allow for horizontal Re-Entry 19 16 Extensive well control 14 No seismic or pilot holes required 10 Full suite of logs penetrate entire…
12-Month Development Plans 2016 2017 Capital Allocation EUR1 by Formation (Mboe) Delaware Basin Wolfcamp Bone Springs Avalon 900 100% 500 500 Wolfcamp Bone Springs Avalon Minimizing D&C Cost Wolfcamp Bone Springs…
Balance Sheet Assets Liabilities and Shareholder's Equity September 30, September 30, June 30, 2016 2016 June 30, 2016 2016 (Unaudited) (Unaudited) (Unaudited) (Unaudited)(1) Cash and equivalents 6,489 20,989 Term Loan 5,379…
Conclusion Ground floor opportunity to participate in a high-quality E&P company Shareholders alignment with a strong management and Board of Directors Highly desirable assets in one of the best North American basins which…
Appendix Strictly Private and Confidential
Transaction Comp Valuation Selected 2016 M&A Permian Basin Transactions 1 Number of Transactions 15 Mean Transaction Value (mm) 332.7 Avg. price per boe (/boe) 52.16 Avg. price per boe/d (/boe/d) 256,347 Avg. price per Acre…
Equity Breakdown Shares Proceeds Equity Shares outstanding at 9-30-16 19,003,602 6% Series B Convertible Preferred stock w/ dividends 18,478,788 Warrants - Preferred Stock Series B ( 0.01 ) 2,840,912 28,409 Adjusted Shares…
Wobbe Ploegsma VP of Investor Relations & Capital Markets irlilisenergy.com 210.999.5400 CorProminence David Boral OTC LLEX davidbcoreir.com 512.222.2560