Second Quarter 2018 Earnings Presentation August 10, 2018 NYSE American LLEX
Lilis Energy Financial & Operational Highlights Current production exceeds 7,300 Boe/d Year-end target exit rate of 8,000 Boe/d Second quarter production of 5,297 Boe/d(1) and pro forma production of 6,369(2) Production increased by…
Infrastructure - Crude and Natural Gas Takeaway in Place Flow assurance and firm takeaway Lilis Acreage Secured cost-effective movement of Lilis oil production in Lea Texas and New Mexico, to Wink, Texas for transport via long- haul…
Infrastructure Crude Gathering & Water Disposal Enhancing Shareholder Value Securing crude oil gathering / transportation and water gathering / disposal agreements will significant savings over the life of the agreements. Pro-forma…
Current Operations The Companys 2018 development plan continues to focus on the delineation and de-risking of its acreage position. The Company has realized increased cost efficiencies through numerous infrastructural solutions. Current…
Recent Well Results Overview and Statistics Location Map The first well drilled by Lilis in the Wolfcamp XY, in New Mexico further validating the Wolfcamp XY in Lilis eastern Wildhog 2H - WCXY: New Mexico acreage Lilis highest…
Condensed Consolidated Statement of Operations - Unaudited For Three Months Ended For Six Months Ended June 30, June 30, 2018 2017 2018 2017 ( in thousands except per share data) Oil and gas revenue 17,483 5,305 31,878 8,387…
Capitalization & Liquidity - Unaudited Pro forma liquidity at 6/30/18 was 47.4 million Liquidity will be bolstered by the following in the third quarter: 20 million cash payment from the recently announced water gathering and…
Adjusted EBTIDAX and Adjusted Earnings Per Share - Unaudited The following table provides a reconciliation of the GAAP measure of net income to EBITDAX (non-GAAP) for the periods indicated, please see first page Disclaimer: Three Months…