Lilis Energy
Lilis Energy is a Denver-based independent oil and gas exploration and production company, publicly traded on NYSE American under LLEX, focused on upstream hydrocarbon development with a small operational headcount.
- Company typePrivate
- Founded2021
- HeadquartersDenver, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Lilis Energy does
Lilis Energy, Inc. is a Denver, Colorado-based independent oil and gas exploration and production company founded in 2009 and publicly traded on NYSE American under the ticker symbol LLEX. The company operates with a small headcount of 11-50 employees, consistent with the structure of a focused independent E&P rather than a diversified or integrated operator. Its primary line of business is the exploration, drilling, and production of crude oil and natural gas from acreage positions, generating revenue through the sale of produced hydrocarbons at prevailing commodity prices.
The company's growth has been supported by approximately $190 million in disclosed equity financing across two rounds in 2016 and 2017, indicating a growth-capital phase oriented toward acreage acquisition, drilling activity, or asset consolidation. As a publicly listed entity, Lilis Energy operates within standard SEC reporting and exchange-listing requirements, providing investor transparency that distinguishes it from private upstream peers. The Denver headquarters places the company in proximity to several major U.S. onshore basins, which is typical operational geography for independents of its size and structure.
The input data does not disclose specific basin focus, reserve estimates, production volumes, named offtake counterparties, or per-well economics, all of which are primary value drivers for an E&P. The business model is fundamentally commodity-driven: revenue is a function of realized oil and gas prices multiplied by production volume, less lease operating expense, taxes, and depreciation. Without disclosed production, pricing realization, or hedged volume data, the operational scale and revenue profile of the company cannot be precisely triangulated from the available material.
Lilis Energy firmographics
Firmographics- Name
- Lilis Energy
- Legal name
- Nusabet88
- Website
- https://lilisenergy.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Lilis Energy is a Denver-based independent oil and gas exploration and production company, publicly traded on NYSE American under LLEX, focused on upstream hydrocarbon development with a small operational headcount.
- Ownership category
- akta.pro rank
Where Lilis Energy is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Markets served
Lilis Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Infrastructure, Personnel
Lilis Energy product offering
Product offeringCore offering
Lilis Energy, Inc. is a Denver-based independent oil and gas exploration and production (E&P) company. The company focuses on upstream operations, acquiring, developing, and producing crude oil and natural gas from onshore U.S. basins. It operates as a for-profit public entity listed on NYSE American under the ticker LLEX.
Product overview
Nusabet88 is an online gaming platform operating as a hub/aggregator for multiple gaming categories including Slot Games, Live Casino, Sportsbook, Lottery, Poker, Arcade Games, and Live Games. The platform integrates games from 35+ third-party gaming providers (Pragmatic Play, Microgaming, Playtech, Evolution, PG Soft, Spade Gaming, Habanero, and others) and offers a downloadable mobile application for Android. Users access the platform through login/registration and can use alternative links when the main domain is blocked. The platform supports Indonesian Rupiah currency and multiple payment methods including bank transfers, e-wallets (OVO, GoPay, Dana, LinkAja, ShopeePay), and QRIS.
Differentiator
Problem solved
Functional benefit
Products and services
- Crude Oil Production
- Natural Gas Production
Companies that use Lilis Energy
Customer profileIdeal customer profiles1 record
Lilis Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Lilis Energy partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights3 records
Lilis Energy competitors and assessment
Company assessmentDirect peers
- Laredo Petroleum: Independent US-focused upstream oil and gas company operating in the Permian Basin, closely aligned with Lilis Energy's small-cap, single-basin US onshore E&P profile.
- SM Energy Company: Independent US onshore oil and gas exploration and production company operating in US shale basins, directly comparable to Lilis Energy as a small/mid-cap public E&P with similar upstream-focused business model.
- Civitas Resources: Independent US upstream oil and gas producer, comparable in public small/mid-cap scale and US-focused onshore operation, similar to Lilis Energy's independent E&P model.
- Jagged Peak Energy: Small-cap public US independent E&P focused on the Delaware Basin in Texas; closely matches Lilis Energy in scale, basin focus, and independent public-company structure.
- Centennial Resource Development: Independent US E&P operating primarily in the Delaware Basin (a Permian sub-basin), serving as a direct comparable to Lilis Energy's small-cap US shale operator profile.
- California Resources Corporation: Independent US oil and gas exploration and production company publicly listed in the US, providing a small-cap public US E&P comparison point to Lilis Energy.
- Callon Petroleum: Independent US upstream oil and gas E&P focused on the Permian Basin, comparable to Lilis Energy as a small-cap public operator pursuing development drilling in US shale plays.
Broad incumbents
- EOG Resources: Large US-based independent E&P with operations across multiple US shale basins; serves as a broader incumbent comparable showing the scale-up trajectory available to small E&Ps like Lilis Energy.
- Pioneer Natural Resources: Major US independent E&P concentrated in the Permian Basin; a large-scale incumbent benchmark for independent US shale operators such as Lilis Energy.
Emerging players
- Berry Petroleum (now part of Civitas): Independent US upstream operator with comparable small-cap E&P business model in onshore US basins, similar to Lilis Energy's independent operating structure.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat3 records
Key risks4 records
Key highlights4 records
Customer concentration
Lilis Energy social profiles
Digital presenceLilis Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lilis Energy leadership team
Management profileNumber of profiles
Lilis Energy funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lilis Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lilis Energy
What does Lilis Energy do?
Lilis Energy, Inc. is a Denver-based independent oil and gas exploration and production (E&P) company. The company focuses on upstream operations, acquiring, developing, and producing crude oil and natural gas from onshore U.S. basins. It operates as a for-profit public entity listed on NYSE American under the ticker LLEX.
Is Lilis Energy a public or private company?
Lilis Energy is a private company. It is classified as public and is currently operating.
When was Lilis Energy founded?
Lilis Energy was founded in 2021. It employs 11 to 50 people.
Where is Lilis Energy based?
Lilis Energy is headquartered in Denver, United States, in the North America region.
Who are Lilis Energy's main competitors?
Direct peers on record are Laredo Petroleum, SM Energy Company, Civitas Resources, Jagged Peak Energy, Centennial Resource Development, California Resources Corporation and Callon Petroleum. Broad incumbents are EOG Resources and Pioneer Natural Resources. Berry Petroleum (now part of Civitas) is listed as an emerging player.
Does Lilis Energy have an API?
No public API is recorded for Lilis Energy.