Lilis Energy Inc (LLEX) Stock News
NASDAQ:LLEX - Nasdaq -
LLEX Latest News, Press Relases and Analysis
Lilis Energy to commence sale after Värde Funds decline to invest (NYSEMKT:LLEX)
Lilis Energy (NYSEMKT:LLEX) said that Värde Partners has declined to pursue a new money investment in the company to sponsor a chapter 11 plan of reorganization, hence the company will immediately begin pursuing a process to sell substantially all of its assets through the chapter 11 process.“While the company is disappointed that the Värde Funds declined to pursue the new money investment contemplated by the restructuring agreement, we are confident there will be significant interest in the company’s highly contiguous block of ~16,000 net acres located in the deep and over- pressured portion of the Delaware Basin, including Winkler and Loving Counties in Texas and Lea County in New Mexico,” CEO Joseph Daches said
U.S. Bankruptcy Tracker: Retail, Energy Set Grim Milestones
More U.S. retail companies sought bankruptcy protection in the first half of 2020 than in any other comparable period. Energy filings piled up at the fastest pace since oil prices plunged in 2016, data compiled by Bloomberg show.
Mentions: CEC GNC 1695845D.CA CHK ...
Lilis Energy files for Chapter 11 bankruptcy (NYSEMKT:LLEX)
Lilis Energy (NYSEMKT:LLEX) says it has filed for Chapter 11 bankruptcy protection.The restructuring support agreement is contingent upon the Värde Funds' election to provide by Aug. 17 an agreed equi
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Implied Volatility Surging for Lilis Energy (LLEX) Stock Options
Investors need to pay close attention to Lilis Energy (LLEX) stock based on the movements in the options market lately.
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INO, HEPA, HTZ and SINT among midday movers
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Lilis Energy gets another extension on final borrowing base (NYSEMKT:LLEX)
Lilis Energy (NYSEMKT:LLEX) says its bank lending group agreed to amend the existing revolving credit agreement to extend the due date to June 5 from April 21 for the final $7.75M installment payment
Lilis Energy cuts costs, salaries, workforce (NYSEMKT:LLEX)
Lilis Energy (NYSEMKT:LLEX) unveils several expense reductions and plans to shut-in 12 of its 39 producing wells deemed uneconomic in the current environment.The company's cost-reduction measures incl
Lilis Energy wins another payment extension from lenders (NYSEMKT:LLEX)
Lilis Energy (NYSEMKT:LLEX) says its bank lending group agreed to extend the due date for its existing revolving credit agreement for the final $7.75M installment payment on its borrowing base deficie
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NYSE American OKs Lilis compliance plan
Lilis Energy (NYSEMKT:LLEX) +12.2% after-hours on news the NYSE American accepted the company's plan to regain compliance with continued listing standards.Last November, Lilis received a letter from t
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