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Published on 8/31/2020 in the Prospect News Distressed Debt Daily.

Lilis Energy reorganization plan filing deadline extended to Sept. 3

By Caroline Salls

Pittsburgh, Aug. 31 – Lilis Energy, Inc. has entered into a third amendment to its debtor-in-possession credit agreement, according to an 8-K filed Monday with the Securities and Exchange Commission.

Under the amendment, the company’s deadline for filing a plan of reorganization and disclosure statement has been extended.

Specifically, the filing deadline was extended to Sept. 3 from Aug. 28.

Lilis is a Fort Worth-based independent oil and gas exploration and production company that operates in the Permian’s Delaware Basin. The company filed bankruptcy on June 28 under Chapter 11 case number 20-33274.


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