Lilis Energy Retains BDO As New Corporate Auditor

4/15/17

Lilis Energy, Inc. (NASDAQ: LLEX) announced it has appointed the accounting and consulting firm BDO USA, LLP, the world's fifth largest international accounting and consulting organization, to act as its new independent registered public accountant, effective April 13, 2017, replacing Marcum LLP.

Joe Daches, CFO of Lilis Energy said: "We chose BDO for its strong reputation and expertise within the oil and gas industry. Furthermore, we believe BDO has the size and capabilities necessary to support our projected growth. We look forward to working with BDO."

About Lilis Energy, Inc.

Lilis Energy, Inc. is a San Antonio-based independent oil and gas exploration and production company that operates in the Permian's Delaware Basin, considered amongst the leading resource plays in North America. Lilis Energy's primary business objective is to increase its Delaware Basin leasehold position, reserves, production and cash flows at attractive rates of return on invested capital in order to enhance shareholder value. For more information, please contact CORE IR: (516) 222-2560 or visit www.lilisenergy.com.

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