Lilis Energy, Inc. (OTCQB: LLEX) operates as an independent oil and gas company, which engages in the acquisition, drilling, and production of natural gas and oil projects across the United States. Shares of Lilis Energy, Inc. are rallying nearly 17%, during early trading on Monday, September 19, 2016. Over the past three months, the energy company has seen paltry average daily volume of 3,500 shares. However, nearly 330,050 shares or dollar volume of $1,112,268, has already exchanged hands Monday.
Shares of Lilis Energy, Inc. are rallying on heavy volume Monday, however, there is no news out today from the company that would explain the rally. WTI crude oil futures are rallying 2.09% and natural gas futures are down almost 1%, during early trading Monday. The oil rally could be assisting Lilis Energy, Inc. this morning with gains. Management of Lilis Energy, Inc. has not released news in over a month.
During the last press that was released by the energy company on August 12, 2016, Lilis Energy, Inc. had announced the company was slated to present at EnerCom’s The Oil & Gas Conference 21. The conference took place on August 16, 2016. Here is the last piece of press that Lilis Energy, Inc. released:
Lilia Energy, Inc. Press Release:
DENVER, Aug. 12, 2016 /PRNewswire/ — Lilis Energy, Inc. (LLEX) announced today that Avi Mirman, CEO and Director, will be a featured presenter at at EnerCom’s The Oil & Gas Conference® 21 on Tuesday, August 16, 2016 at 2:20pm MDT, at the Westin Denver Downtown Hotel.
Mr. Mirman will provide an overview of the company’s operations, recent developments and growth strategy and will be available for one-on-one meetings Monday August 15, 2016, through Wednesday August 17, 2016.
The presentation will be webcast live over the internet and may be accessed, along with the accompanying slides, at http://www.theoilandgasconference.com/togc-webcast/llex/. The presentation will also be posted to the Company’s website at http://www.lilisenergy.com.
About Lilis Energy, Inc.
Lilis Energy, Inc. is a Denver-based independent oil and gas exploration and production company that operates in the Permian’s Delaware Basin and in the Denver-Julesburg (DJ) Basin, considered amongst the leading resource plays in North America. Lilis’s total net acreage in the Permian Basin is approximately 3,800 acres, and total net acreage in the DJ is approximately 7,600 acres. Lilis Energy’s near-term E&P focus is to grow current reserves and production, and pursue strategic acquisitions in its core areas. For more information, please contact CorProminence LLC: (516) 222-2560 or visit www.lilisenergy.com.