Lilis Energy Inc. (NYSE American: LLEX), an exploration and development company operating in the Permian Basin of West Texas, has named James Linville CEO, replacing Abraham (Avi) Mirman.
Linville, a petroleum engineer by background, has led and managed oil and gas development projects in the majority of the major unconventional US basins, including in the Delaware and Midland basins of the Permian, for companies including US Energy Development Corp., American Energy Partners, and Devon Energy throughout his 30-year career. He joined Lilis Energy as president in June.
Mirman has resigned from his posts as CEO and director of the San Antonio-based company. He was promoted to CEO of Lilis Energy in 2014 when the company was focused on development in the Wattenberg Field and surrounding areas of the Denver-Julesburg Basin and was based in Denver.
Lilis's total net acreage in the Permian Basin is approximately 10,000 acres. Lilis Energy's near-term E&P focus is to grow current reserves and production and pursue acquisitions in its core areas.