Lilis Energy Enters Agreement For Wattenberg Acreage

摘要

Lilis Energy Inc. (LLEX) said May 5 it entered an agreement with an undisclosed seller to acquire certain acreage in the Wattenberg Field in Colorado for $5.5 million. The deal includes nonoperated leasehold working interests, consisting of interests in 53 producing wells and a 640 gross-acre block of undeveloped leasehold. All of the assets are located in the core of the field, in Weld County. In addition, the agreement grants Lilis a right of first refusal to acquire an additional 540 gross (416 net) acres in the Wattenberg core.