San Antonio-headquartered Lilis Energy Inc. has been approved by the New York Stock Exchange. The independent oil and gas exploration company will begin trading May 9, 2017 on the NYSE. It currently trades on NASDAQ under the ticker LLEX. The company will maintain the ticker name, but terminate the listing of its NASDAQ common stock.
Lilis Energy operates in West Texas’ Permian Basin, and recently sold its acreage in the Denver-Julesburg Basin in Colorado, Wyoming and Nebraska. It also boosted its land holdings in the Delaware Basin of West Texas and eastern New Mexico from 3,500 to more than 8,000 acres. Lilis has two producing wells, one that is drilling, and one that is completed and awaiting testing.
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