Recovery Energy changes name to Lilis Energy

Recovery Energy Inc.

Recovery Energy Inc. (Nasdaq:RECV) is changing its corporate name to Lilis Energy Inc. The new corporate CUSIP number is 532403 102. The company's new ticker symbol will be LLEX, trading on NASDAQ, and is scheduled to take effect on Dec. 2.

Recovery Energy is an oil and gas exploration and production company focused on development in the Wattenberg field and surrounding areas of the Denver-Julesburg (DJ) Basin, where it holds 112,000 net acres.

"We have narrowed and refocused our E&P efforts to unconventional development of our primary de-risked Wattenberg prospects in the DJ Basin, and wanted to change our name to reflect a shift in corporate countenance," said Avi Mirman, Recovery Energy's president.




Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...