Item 1.01 Entry Into Material Definitive Agreement.

As previously disclosed, on June 28, 2020, Lilis Energy, Inc., a Nevada corporation (the "Company"), and its consolidated subsidiaries Brushy Resources, Inc., ImPetro Operating LLC, ImPetro Resources, LLC, Lilis Operating Company, LLC and Hurricane Resources LLC (collectively, the "Filing Subsidiaries") filed voluntary petitions seeking relief under Chapter 11 of Title 11 of the United States Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court") commencing cases for relief under Chapter 11 of the Bankruptcy Code (the "Chapter 11 Cases"). In connection with the Chapter 11 Cases, on June 30, 2020, the Company entered into that certain Senior Secured Super-Priority Debtor-in-Possession Credit Agreement (as amended on August 17, 2020, August 21, 2020, and August 28, 2020, the "DIP Credit Agreement") with the Filing Subsidiaries, as guarantors, BMO Harris Bank N.A., as administrative agent (the "Administrative Agent"), and the lenders party thereto (the "Lenders").

On September 8, 2020, the Company, the Filing Subsidiaries, the Administrative Agent and the Lenders entered into a Fourth Amendment (the "Fourth Amendment") to the DIP Credit Agreement. The Fourth Amendment, among other things, amends the covenant therein with respect to the satisfaction of certain milestones during the course of the Chapter 11 Cases, by extending the dates by which an order confirming an Approved Plan of Reorganization (as defined in the DIP Credit Agreement) must have been obtained from the Bankruptcy Court and an Approved Plan of Reorganization must have become effective.

The foregoing description of the Fourth Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Fourth Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.



Item 9.01 Exhibits.


(d) Exhibits.

Exhibit Number                             Description
                 Fourth Amendment to Senior Secured Super-Priority
               Debtor-in-Possession Credit Agreement dated as of September 8, 2020,
               among Lilis Energy Inc., the guarantors party thereto, BMO Harris
  10.1         Bank N.A., as administrative agent, and the lenders party thereto.



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