Market Focus Lilis Energy operates primarily within the Permian Basin's Delaware Formation, a highly active and resource-rich area in North America, indicating ongoing exploration and production opportunities for oilfield services, equipment suppliers, and technology providers.
Growth Potential With a strategic goal to expand its leasehold position, reserves, and production among leading resource plays, Lilis Energy presents opportunities for partners in leasing, drilling, and reserve enhancement technologies.
Financial Strength Backed by substantial funding of $240 million and generating revenues between $10 million and $25 million, the company may be seeking advanced operational solutions or financing support for further exploration activities.
Leadership Change Recent executive shifts, including appointments of new CEOs and board members, suggest a company in transition and open to strategic partnerships that align with its growth and operational objectives.
Technological Usage Lilis Energy employs a modern tech stack focused on cloud and web technologies, presenting opportunities for vendors offering digital transformation, data analytics, or automation solutions tailored to upstream oil and gas operations.