"We are pleased to welcome Mr. Daches to the Lilis Energy management team and look forward to capitalizing on his extensive experience and background to help Lilis Energy achieve our expansive growth strategies and goals," said Avi Mirman, CEO of Lilis Energy.
"I am excited to join Lilis Energy at this pivotal point in the company's development. I am confident that my expertise and experience will steer Lilis Energy's corporate strategy in a manner that maximizes shareholder value and maintains solid corporate governance," said Mr. Daches.
About Lilis Energy, Inc.
Lilis Energy, Inc. is a San Antonio-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 5,300 acres, and total net acreage in the DJ is approximately 7,200 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 CORE IR : (516) 222-2560 or visit www.lilisenergy.com.
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SOURCE Lilis Energy, Inc.