Enercom Presentation August 21, 2018 NYSE American LLEX
Lilis Energy Overview Delaware Basin Position Corporate Overview Pure Play Delaware Basin Operator Lea Rapidly increasing production with 2018 exit rate of 8,000 Boe/d Available liquidity to execute business plan through 2019 with…
Lilis Energy Financial & Operational Highlights Year-end target exit rate of 8,000 Boe/d Centennial / GMT Exploration* Second quarter production of 5,297 Boe/d(1) Concho Resources / RSP Permian* Pro forma production of 6,369(2)…
Infrastructure Crude and Natural Gas Takeaway in Place Crude flow assurance and firm takeaway at Gulf Coast pricing Lilis Acreage Secured cost-effective movement of Lilis oil production in Lea Texas and New Mexico, to Wink, Texas for…
Infrastructure Crude Gathering & Receipt Points Prizehog BWZ Wildhog BWX State Com 1H State Com 1H Grizzly Grizzly 2H 1H Lion 3H Lion Hippo Tiger 1H Kudu 1H 2H Kudu 1H 2H Beckham AG Hill 1H Hippo SWD 1 Wolfe Un 1 1H AG…
Infrastructure Gas Gathering & Transportation System Firm Takeaway and Transportation Gatherer has secured firm takeaway to handle 100% of Lilis gas and NGL production Natural gas pricing at Waha NGL pricing at Mont Belvieu…
Infrastructure Enhancing Shareholder Value Through Cost Optimization Securing crude oil gathering / transportation and water gathering / disposal agreements will significant savings over the life of the agreements. Pro-forma Savings:…
Operations 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…
Operations Well Status 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. Well…
Current Operations New Mexico Texas Loving Lea Wildhog 1H Prizehog 2H Drilling Haley 1H Oso 1H Winkler New Mexico Tiger 3H Texas Completing Drilled Planned Axis 1H Brushy Canyon Bonespring Flowback Wolfcamp XY AG…
Delaware Basin Structural Cross Section PRODUCING BENCHES A A Brushy Canyon (lower) Producing Wolfcamp A Wolfcamp B Testing- 2018 Wolfcamp XY 3rd Bone Spring Future Test LBYCN TESTING BENCHES (2018) AVLN Wolfcamp XY 2nd Bone…
Capitalization & Liquidity - Unaudited Pro forma liquidity at 6/30/18 was 44.9 million Liquidity will be bolstered by the following in the third quarter: 17.5 million cash payment from the recently announced water gathering and…
Strategic and Complementary Expansion in the Delaware Basin Acquisition Overview Acreage Map On August 16, 2018, Lilis closed an acre-for-acre trade of approximately 1,500 net acres with Felix Energy in the Delaware Basin Lea…
Significant Discount to Recent Comparable Transactions Diamondback Energy / Energen Corporation Lilis Acreage Announced Date: 8/14/2018 Transaction Value (MM): 9,200 Net Production (MBoe/d): 90.4 Net Acres: 179,000 Adj. /acre:…
Investment Highlights Pure play Delaware Basin operator Infrastructure solutions in place Pure Play Permian Approaching 22,000 net acres (99% operated) in the Permians Delaware basin Operator with Core Exceptional drilling results…
Wobbe Ploegsma VP of Capital Markets & Investor Relations irlilisenergy.com 210.999.5400 NYSE American LLEX