Corporate Presentation August 2017 NYSE American LLEX
Investment Highlights Approximately 10,500 net acres (82% operated) in the Permians Delaware basin Pure Play Permian Multi-year inventory of over 500 potential horizontal net locations Operator with Core Strong well economics with…
Lilis Energy Overview Delaware Basin Position Corporate Overview Delaware Basin Operator Prolific Delaware Basin is now in full scale development mode 10,500 net acres positioned in the core of the Delaware Over 500 net identified…
Lilis Area Well Results Prize Hog (Spud: Jun 2017; expected production: Sep 2017) 1 The well has been drilled to a total depth of 17,421 ft. MD. Production casing has been run and cemented. Wildhog BWX State Com 1H (Spud: Apr 2017;…
Strong Offset Well Results and Recent Transaction Support Value 6
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 16 14 per well…
Delaware Basin Structural Cross Section PRODUCING TARGETS Wolfcamp B Primary target to date with 5 active HZ wells on acreage showing strong results Wolfcamp A One active HZ well: Kudu 1H Drilled out of target by prior team & under…
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 -5.5%/bbl and -26% on gas *Metrics used for…
Delaware Basin Transaction Trends 2017 YTD DELAWARE BASIN TRANSACTIONS (TRANSACTIONS 100 MILLION) PERMIAN TRANSACTION VALUES OVER TIME (TRANSACTIONS 100 MILLION) TEV / Adj. Net Acre (/acre) WTI (/bbl) 120 42,630 100 35,004…
Mid-Year Reserve Update Liliss proved reserves were 10.4 MMBOE at mid-year 2017. A 767% increase since December 31, 2016. Increased reserves are attributable to the following: Successful single rig program Delivering 3 PDP wells…
Conclusion
Wobbe Ploegsma VP of Investor Relations & Capital Markets irlilisenergy.com 210.999.5400 NYSE American LLEX