Privacy Policy

LILIS ENERGY

PRIVACY POLICY

Effective as of July 1, 2011

 

Welcome to www.lilisenergy.com (the “Site”), the website and online presence of Lilis Energy, Inc. (“Lilis Energy”, “we”, or “us”), a San Antonio-based independent oil and gas exploration and production company. Lilis Energy respects the privacy of those who access and/or use the Site (“You”, “Your”,“User”, or collectively “Users”) and is committed to protecting the privacy of the personally identifiable information we collect from You as You access and/or use the Site via the Internet, the world wide web, mobile networks, or any other communication methods now known or in the future developed. The purpose of this Privacy Policy (the “Privacy Policy“) is to inform You about the types of information we gather about You, including information gathered when You visit the Site, how we may use that information, whether we disclose that information to anyone, and the choices You have regarding our use of, and Your ability to correct, the information.

THIS PRIVACY POLICY HEREBY INCORPORATES BY REFERENCE THE TERMS OF USE OF THE SITE AND IS INCORPORATED INTO AND IS SUBJECT TO THE TERMS THEREIN. YOUR USE OF THE SITE AND ANY PERSONAL INFORMATION YOU PROVIDE THROUGH THE SITE ARE SUBJECT AT ALL TIMES TO THE PRIVACY POLICY AND THE TERMS OF USE. BY USING THE SITE, YOU EXPRESSLY CONSENT TO THE USE AND DISCLOSURE OF INFORMATION AS DESCRIBED IN THIS PRIVACY POLICY.

I. The Information That The Site Collects.

We collect two types of information: personally identifiable information and non-personally identifiable information. Personally identifiable information is information that identifies You or can be used to identify or contact You (“Personally Identifiable Information“). We also may collect information that by itself typically cannot be used to identify or contact You, such as user IP addresses, browser types, domain names, and other anonymous statistical data involving the use of our Site (“Non-Personally Identifiable Information“).

a. Automatically Collected Information. When You access the Site, we may send one or more cookies to Your computer. A cookie is a small text file containing a string of alphanumeric characters that a website stores on Your computer that Your browser provides to a website each time You access the website. Use of cookies is very common on the Internet. We use these cookies to identify Non-Personally Identifiable Information such as prior Users and to track usage of the Site. We do not use cookies to personally identify Users of the Site. You can remove these cookies and modify Your browser’s settings to accept all cookies, reject all cookies, or notify You when a cookie is sent. Please review Your web browser’s “Help” file to learn the proper way to modify Your cookie settings. Please note that by modifying your browser’s settings, You may not be able to use the full functionality of the Site. In addition to cookies, we also may use other now-known or later-developed technologies to assist us in observing the behavior of Users visiting the Site.

In addition, like many websites, when You access the Site, we may automatically record certain information from Your system by using different types of other common Internet technology. This automatically collected information may include Your Internet Protocol address (“IP Address”), a unique device or User ID, the URL of Your request, the version of software installed, system type, the content and pages that You access on the Site, and the dates and times that You visit the Site.

This Site uses Google Analytics (and in the future may use other similar sites or services), a web analytics service provided by Google, Inc. (“Google”), to better assist us in understanding how the Site is used. Google Analytics will place cookies on Your computer that will generate information that we select about Your use of the Site, including Your computer’s IP address. That information will be transmitted to and stored by Google.

b. Personally Identifiable Information. Lilis Energy only collects Personally Identifiable Information that is voluntarily provided to us by a User. Personally Identifiable Information that we collect may include Your name, company name/employer, email address, postal address, ZIP code, telephone number, and other information either desirable or necessary to provide quality services to visitors of the Site. We may also collect information about You related to Your use of the Site and communication preferences.

II. The Way We Use This Information.

a. Automatically Collected Information. Lilis Energy uses cookies and other automatically collected information to identify prior Users, to track usage of the Site, and for analytical purposes to help us improve the Site and our business in general. We may on occasion provide this information to, or receive this information from, an Affiliate or third party assisting us in providing these functions.

The information collected through use of Google Analytics (or a similar site or service) will be used for the purpose of evaluating consumer use of the Site, compiling reports on Site activity for our use, and providing other services relating to Site activity and usage. Google may also transfer this information to third parties where required to do so by law, or where such third parties process the information on Google’s behalf. The use of cookies by Google Analytics is covered by Google’s privacy policy.

b. Personally Identifiable Information. The Personally Identifiable Information that Users voluntarily provide to Lilis Energy may be disclosed and/or used by Lilis Energy and our Affiliates for administrative purposes; for authentication purposes; to properly operate, maintain, and provide You with the features and functionality of the Site; to customize and personalize features for You and otherwise enrich Your experience when using the Site; to present You with promotions, advertisements, opportunities and information we believe may be of interest to You; to offer You products or services You desire; to present a person who in the reasonable judgment of Lilis Energy is seeking the information as Your agent; to enable our Affiliates to assist us in operating, maintaining, and providing our services and products to You; to enable us to carry out our obligations arising from any contracts/subscriptions entered into with You; to notify You about changes to the Privacy Policy, the Terms of Service, or the Site (if we deem it appropriate and/or necessary); to investigate violations or suspected violations of the Terms of Use; to enforce or apply our rights under the Terms of Use; to improve the quality and design of the Site and to create new features, promotions, functionality, and services by storing, tracking, and analyzing Your preferences and trends. The Personally Identifiable Information that Users voluntarily provide to Lilis Energy also may be disclosed and/or used by Lilis Energy in connection with certain events that are outside of Lilis Energy’s ordinary business practices, as addressed in Section VI below.

To the extent we are able to do so, we may link Your Non-Personally Identifiable Information with Your Personally Identifiable Information. We also may link information collected online with information we collect offline or with information that is collected by third parties.

From time to time, You may receive periodic e-mails or mailings from us with news or other information on services, information, events or other offers from or on behalf of Lilis Energy. If at any time You wish to stop receiving emails or mailings from us, please send us an email to info@lilisenergy.com with the phrase “Privacy Opt-out: Lilis Energy Mailings” in the subject line, or write to us at the address provided below, and we will remove You from our mailing list.

III. Security of Information. Lilis Energy maintains our systems in accordance with commercially reasonable industry standards to preserve the integrity and security of Your Personally Identifiable Information. After You have submitted Your information online to Lilis Energy, we recommend that You end Your browser session before leaving Your computer. In spite of these protections, we cannot, however, ensure or warrant the security of any information You Transmit over the Internet to the Site, and You do so at Your own risk. Once we receive Your transmission of information, we make commercially reasonable efforts to ensure the security of our systems and to store the information on servers (or, in the case of information received from You in person, in writing or over the phone, in physical storage areas) protected by procedures and technology designed to block reasonably foreseeable intrusions by unauthorized third parties. However, please note that this is not a guarantee that such information may not be accessed, disclosed, altered, or destroyed by breach of any of our physical, technical, or managerial safeguards. “Perfect security” does not exist on the Internet, and You use the Site at Your own risk.

IV. Children. LILIS ENERGY DOES NOT MARKET TO, OR SELL PRODUCTS OR SERVICES FOR PURCHASE BY, CHILDREN. THE SITE IS NOT INTENDED FOR CHILDREN. IF YOU ARE UNDER 18 YEARS OF AGE, THEN YOU MAY NOT ACCESS OR USE THE SITE AT ANY TIME OR IN ANY MANNER. BY USING THE SITE, YOU REPRESENT THAT YOU ARE AT LEAST 18 YEARS OF AGE, HAVE ATTAINED THE AGE OF MAJORITY IN YOUR JURISDICTION, CAN FORM LEGALLY BINDING CONTRACTS IN YOUR JURISDICTION, AND HAVE NOT BEEN PREVIOUSLY SUSPENDED OR REMOVED FROM THE SITE.

LILIS ENERGY DOES NOT KNOWINGLY SOLICIT, COLLECT OR MAINTAIN PERSONALLY IDENTIFIABLE INFORMATION FROM PERSONS UNDER 13 YEARS-OF-AGE. IF LILIS ENERGY LEARNS THAT, DESPITE THESE MEASURES, PERSONALLY IDENTIFIABLE INFORMATION OF PERSONS LESS THAN 13-YEARS-OF-AGE HAS BEEN COLLECTED ON OR THROUGH THE SITE, THEN WE WILL TAKE THE APPROPRIATE STEPS TO DELETE THIS INFORMATION AND TO NOT USE SUCH INFORMATION FOR ANY PURPOSE (EXCEPT WHERE NECESSARY TO PROTECT THE SAFETY OF THE CHILD OR OTHERS AS REQUIRED BY LAW).

IF YOU ARE THE PARENT OR LEGAL GUARDIAN OF A CHILD UNDER 13 WHO HAS PROVIDED US WITH PERSONALLY IDENTIFIABLE INFORMATION, THEN PLEASE EMAIL US TO HAVE THAT INFORMATION DELETED IMMEDIATELY.

V. Links to Third Party Sites. This Privacy Policy applies solely to information collected by Lilis Energy through the Site. The Site may include links or references to other websites or services (“Linked Sites”). This Privacy Policy does not apply to Linked Sites, which are provided for Your convenience and information only. Please be aware that Lilis Energy is not responsible for the privacy practices and data collection policies of such sites and will not be responsible for any actions or policies of such third parties. We encourage You to be aware of when You leave the Site and to read the privacy statements of each and every website that You visit.

VI. Disclosure of Information in Connection With Events Outside of Ordinary Business Practices. IN CONNECTION WITH AN EVENT OUTSIDE OF LILIS ENERGY’S ORDINARY BUSINESS PRACTICES, INCLUDING BUT NOT LIMITED TO A SALE OF SOME OR ALL OF LILIS ENERGY’S ASSETS, MERGER, CONSOLIDATION, CHANGE IN CONTROL, TRANSFER OF ASSETS, REORGANIZATION, OR LIQUIDATION, LILIS ENERGY RESERVES THE RIGHT TO TRANSFER, SELL, OR ASSIGN THE INFORMATION THAT WE HAVE COLLECTED FROM USERS.

LILIS ENERGY ALSO RESERVES THE RIGHT TO DISCLOSE USER INFORMATION IN THE GOOD-FAITH BELIEF THAT IT IS REQUIRED OR PERMITTED BY LAW TO DO SO PURSUANT TO JUDICIAL OR OTHER GOVERNMENTAL SUBPOENAS, WARRANTS, OR ORDERS, OR TO DISCLOSE SUCH DATA TO A GOVERNMENTAL INSTITUTION THAT HAS ASSERTED ITS LAWFUL AUTHORITY TO OBTAIN THE INFORMATION.

LILIS ENERGY ALSO RESERVES THE RIGHT TO DISCLOSE USER INFORMATION THAT WE BELIEVE, IN GOOD FAITH, IS APPROPRIATE OR NECESSARY: TO TAKE PRECAUTIONS AGAINST LIABILITY; TO INVESTIGATE AND PROTECT LILIS ENERGY OR THE SITE, LILIS ENERGY CONTENT OR LILIS ENERGY TECHNOLOGY FROM FRAUDULENT, ABUSIVE, OR UNLAWFUL USES; TO INVESTIGATE AND DEFEND OURSELVES AGAINST THIRD-PARTY CLAIMS OR ALLEGATIONS; TO ASSIST GOVERNMENT ENFORCEMENT AGENCIES; TO INVESTIGATE AND PROTECT THE SECURITY OR INTEGRITY OF THE SITE, LILIS ENERGY CONTENT OR LILIS ENERGY TECHNOLOGY; OR TO PROTECT THE RIGHTS, PROPERTY, OR PERSONAL SAFETY OF LILIS ENERGY, OUR USERS, OR OTHERS.

VII. NON-U.S. USERS. FOR USERS VISITING THE SITE FROM THE EUROPEAN UNION OR OTHER NON-U.S. COUNTRIES OR TERRITORIES, PLEASE NOTE THAT ANY DATA YOU VOLUNTARILY PROVIDE US WILL BE TRANSFERRED OUTSIDE THE EUROPEAN UNION OR SUCH OTHER NON-U.S. COUNTRY OR TERRITORY FOR USE BY LILIS ENERGY FOR ANY OF THE PURPOSES DESCRIBED HEREIN.

VIII. Change in Privacy Policy. Lilis Energy reserves the right, in our sole discretion, to modify, alter, or otherwise update this Privacy Policy at any time. Such modifications shall be effective immediately upon posting. You are responsible for regularly reviewing the Privacy Policy. As we may make changes from time to time without notifying You, we recommend that You periodically consult this Privacy Policy. Your continued access to and/or use of the Site after the effective date of any modification to the Privacy Policy will be deemed to be Your agreement to all such modifications.

IX. Construction. Any capitalized terms used in the Privacy Policy but not defined in the Privacy Policy shall have the meaning given to such term in the Terms of Use. Additionally, when context requires, singular nouns and pronouns include the plural.

X. Contact Information. If You would like to update or correct Your contact information or modify Your communication preferences, or if You have questions or concerns regarding the Site, our Privacy Policy or the use of information collected, You can contact us:

by e-mail
by writing to us or calling us at:
Lilis Energy, Inc.
1900 Grant Street
Suite 720
Denver, CO 80203
Phone: (303) 951-7920

Last Updated: December 4, 2013

13759\1\1555244.2