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Ameredev LLC

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Company Transactions

Date: 11/30/2020
Type: Acquisition

BUYERS:
  • Ameredev LLC
    • SELLERS:
  • Lilis Energy
    • DETAILS:

    COST: 46.6 $MM

    NOTES:
    Lilis Energy cited that Amerdev Texas LLC was the winner of their Chapter 11 auction process, reaching a deal to acquire all of Lilis' assets for $46.6 million in cash. As of their last investor presentation in 3Q19, Lilis was producing 2.6 Mboe/d and had 41,264 Mboe in proved reserves.
    REGIONS:
  • Permian Basin