Investment Highlights Over 10,000 net acres (100% operated) in the Permians Delaware basin Pure Play Permian Multi-year inventory of over 500 potential horizontal net locations Operator with Core Strong returns with 76% IRRs using…
Lilis Energy Overview Delaware Basin Position Corporate Overview Delaware Basin Operator Prolific Delaware Basin is now in full scale development mode Over 10,000 net acres positioned in the core of the Delaware Over 500 net…
Delaware Basin Well Results and Offset Well Map LLEX Well Results & Operational Highlights LLEX Acreage and Offset Operators Contiguous acreage on Loving-Winkler County line in Texas and Lea County, New Mexico 15 vertical wells, 4…
Strong Offset Well Results and Recent Transaction Support Value Concho Endurance Concho Coachman Fee 4H White Falcon 16 1H Gunner Fed 5H 11 IP30: 1,813 Boe/d IP30: 1,306 Boe/d IP24: 1,142 Boe/d 10 Lea Lilis Energy 9 Wildhog 1H…
RSPP / Silver Hill Transaction: Analogous to LLEX Assets RSPP / Silver Hill Transaction Overview Wolfcamp Depth: Delaware Basin(1) October 2016 RSP Permian (RSPP) and Silver Hill Energy Partners I and II (Silver Hill) announced…
Contiguous Acreage Position with Well Control and Takeaway Capacity Significant Value in Delaware Existing Well Logs Vertical wellbores allow for horizontal re-entry 19 Reducing completed well costs by 1 million per 16 14 well…
Offset Operator Lateral Targets: Delaware Basin Break Out Noah Brunson 1H EOG Bison 1H Jal Wolfcamp B Wolfcamp B Concho 9340 lateral 6,897 lateral 24 hr IP rate of 3,124 Boed Mewbourne Recent 24hr IP rate of 2,375 Boepd IP per…
Delaware Basin Structural Cross Section Delaware Basin Benches A A Wolfcamp B 2017 Drilling program Additional landing zone Wolfcamp A Kudu 1H Legacy horizontal well drilled out of target and under stimulated. August 2015-May…
Lilis Energy: Prospective Drilling Benches & Drilling Inventory Over 500+ Delaware Well Locations Provide Multi-Year Inventory(1) Internal geologic and engineering analysis suggests multi stacked pay development. Upward potential of…
Lilis Energy: Strong Well Economics Wolfcamp B 1 Mile Lateral Type Curve Sensitivities Wolfcamp B 1 Mile Lateral Type Curve Sensitivities Notes: *Differentials used for pricing include -0.50/bbl and -30% on gas *Metrics used for…
Delaware Basin Transaction Trends 2017 YTD DELAWARE BASIN TRANSACTIONS (TRANSACTIONS 100 MILLION)(1) NEW MEXICO CHAVES Adj. TEV(2) / LEA YOAKUM Date Buyers Sellers TEV Adj. Net Acres(3) GAINES (dd-mmm-yy) (US mm) (US / acre)…
Pure Play Delaware Basin Operator: Leveraged to the Permian When compared to other public Permian peers, LLEX has the highest Permian Basin exposure per 1 million of enterprise value(1) LLEXs leverage to the Permian is 1.9x greater…
Appendix Strictly Private and Confidential
Statement of Operations for The Period Ending April 30, 2017 Strictly Private and Confidential 16
Summary of Recent Financial Activity On April 26, 2017, the Company announced a FINANCING HIGHLIGHTS comprehensive recapitalization of its balance sheet to support its long-term growth plans. 56.6 million in new cash to New term…
Pro Forma Capitalization The impact of 140 million in new financings and the repayment of 38.1 million of existing debt announced on April 26 is illustrated in the table below.New credit facilities refinanced the Companys existing…
LLEX Management Team Mr. Mirman has an extensive 20-year background in the securities industry and was appointed CEO in April 2014, after serving as the Companys President beginning in September 2013. Mr. Mirman was appointed to Lilis…
LLEX Board of Directors Mr. Ormand brings more than 34 years of industry experience. Mr. Ormand has completed over 25 billion of capital markets and 10 billion of financial advisory transactions as both a principal and banker. Mr.…
Wobbe Ploegsma VP of Investor Relations & Capital Markets irlilisenergy.com 210.999.5400 CorProminence David Boral NYSE MKT LLEX davidbcoreir.com 512.222.2560