Lilis Energy, Inc. announced that on April 6, 2018, James L. Linville ceased serving as CEO of the company. Mr. Peter Benz also informed the company's board of his intent to resign, effective April 6, 2018, from his position as a member of the board and all committees thereof, for personal and other business reasons. Mr. Benz served as a member of the audit committee.

Mr. Merrill McPeak also informed the company's board of his intent to resign, effective April 6, 2018, from his position as a member of the board and all committees thereof, for personal and other business reasons. Mr. McPeak served as a member of the audit committee, compensation committee, and the nominating and governance committee.