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    LLEXQ   US5324032011

LILIS ENERGY, INC.

(LLEXQ)
End-of-day quote Other OTC  -  2020-12-03
0.0138 USD   +4.55%
2020LILIS ENERGY, INC. : Entry into a Material Definitive Agreement, Bankruptcy or Receivership, Changes in Registrant's Certifying Accountant, Regulation FD Disclosure (form 8-K)
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2020Lilis Energy Announces Closing of Asset Sale, Expected Effective Date of Its Liquidating Chapter 11 Plan and Suspension of SEC Reporting
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2020Ameredev Texas LLC completed the acquisition of Substantially All Assets of Lilis Energy, Inc.
CI
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Ameredev Texas LLC completed the acquisition of Substantially All Assets of Lilis Energy, Inc.

12/02/2020 EDT

Ameredev Texas LLC entered into letter of intent to acquire Substantially All Assets of Lilis Energy, Inc. for $46.6 million on November 8, 2020. As of November 16, 2020, Ameredev Texas LLC entered into definitive agreement to acquire Substantially all assets of Lilis Energy, Inc. for $46.6 million. As a part of agreement, Ameredev Texas will deposit $5 million with the Lilis Energy prior to the closing date. The deposit to be held by Lilis Energy in accordance with the terms of this agreement. The transaction will be subject to approval by the Bankruptcy Court and certain other closing conditions. The transaction is expected to close on or around December 1, 2020. Harry A. Perrin, David S. Meyer and George R. Howard of Vinson & Elkins LLP acted as legal advisors to Lilis Energy. Austin T. Lee, Jason G. Cohen, Matt Paulson and Steven J. Lorch of Bracewell LLP served as legal advisor to Ameredev. Barclays Capital Inc. acted as investment banker and Opportune LLP acted as restructuring advisor to Lilis Energy, Inc. Ameredev Texas LLC completed the acquisition of Substantially All Assets of Lilis Energy, Inc. on December 2, 2020.


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All news about LILIS ENERGY, INC.
2020LILIS ENERGY, INC. : Entry into a Material Definitive Agreement, Bankruptcy or Receivershi..
AQ
2020Lilis Energy Announces Closing of Asset Sale, Expected Effective Date of Its Liquidatin..
GL
2020Ameredev Texas LLC completed the acquisition of Substantially All Assets of Lilis Energ..
CI
2020Lilis Energy, Inc Provides Information to Shareholders
CI
2020LILIS ENERGY, INC. : Bankruptcy or Receivership, Regulation FD Disclosure (form 8-K)
AQ
2020LILIS ENERGY : Announces Confirmation of Modified Debtors' Liquidating Chapter 11 Plan
AQ
2020LILIS ENERGY : Announces Confirmation of Modified Debtors' Liquidating Chapter 11 Plan
AQ
2020Lilis Energy Announces Confirmation of Modified Debtors' Liquidating Chapter 11 Plan
GL
2020LILIS ENERGY, INC. : Entry into a Material Definitive Agreement, Regulation FD Disclosure ..
AQ
2020CORRECTION : Lilis Energy Announces Ameredev Texas LLC as Winning Bidder for Substantially..
AQ
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Managers and Directors
Ronald Dean Ormand Chief Executive Officer
Michael G. Long Chairman
Nuno Brandolini Independent Director
John Johanning Director
Nicholas Steinsberger Director
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