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EX-99.1 - PRESS RELEASE - LILIS ENERGY, INC.f8k022411ex99i_recoveryeng.htm
EX-10.1 - PURCHASE AGREEMENT - LILIS ENERGY, INC.f8k022411ex10i_recoveryeng.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 


FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  February 24, 2011
 
 
RECOVERY ENERGY, INC.
(Exact name of registrant as specified in its charter)
 
 
Nevada
 
333-152571
 
74-3231613
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(IRS Employer
Identification Number)
 
1515 Wynkoop Street, Suite 200
   
Denver, CO
 
80202
(Address of Principal Executive Offices)
 
(Zip Code)

 
(888) 887-4449
(Registrant's telephone number, including area code)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 

 
 
Item 1.01   Entry into a Material Definitive Agreement.
 
On February 24, 2011 the Company entered into a purchase agreement with Wapiti Oil & Gas, L.L.C. for the purchase of certain oil and gas interests of approximately 8,060 net acres located in Laramie County, Wyoming. The closing is expected to occur on March 4, 2011.  The purchase price will be $6,469,552 cash and 2,312,942 shares of our common stock.  The purchase agreement is filed as an exhibit hereto. 
 
Item 9.01   Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.
Identification of Exhibits
10.1
Purchase Agreement with Wapiti Oil & Gas, L.L.C.
   
99.1 Press Release
 
 
 
 

 

 
SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
RECOVERY ENERGY, INC.
     
Date:  March 2, 2011
By:  
/s/ Roger A. Parker 
   
Roger A. Parker
   
Chief Executive Officer