Nicholas Steinsberger Net Worth

The estimated Net Worth of Nicholas Steinsberger is at least $2.67 Thousand dollars as of 12 October 2018. Mr. Steinsberger owns over 10,000 units of Lilis stock worth over $2,671 and over the last 6 years he sold LLEX stock worth over $0. In addition, he makes $0 as Director at Lilis.

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Mr. Steinsberger LLEX stock SEC Form 4 insiders trading

Nicholas has made over 2 trades of the Lilis stock since 2018, according to the Form 4 filled with the SEC. Most recently he bought 10,000 units of LLEX stock worth $39,000 on 12 October 2018.

The largest trade he's ever made was buying 10,000 units of Lilis stock on 12 October 2018 worth over $39,000. On average, Nicholas trades about 4,000 units every 0 days since 2018. As of 12 October 2018 he still owns at least 10,000 units of Lilis stock.

You can see the complete history of Mr. Steinsberger stock trades at the bottom of the page.

Nicholas Steinsberger biography

Nicholas Steinsberger serves as Director of the Company. He is currently COO and Managing Director of ValPoint Operating, a small private equity backed company working in western Oklahoma. Mr. Steinsberger is a highly experienced petroleum engineer and global expert in shale drilling and completions who pioneered the use of slick water fracing. He began his career with Mitchell Energy and served as the Completion Manager for Mitchell from 1995 to 2002, where he piloted the Company’s fracking technique and developed the slick water frac, pioneering the current oil and gas shale boom. Mr. Steinsberger then served as the Completion Manager for Devon Energy after Devon’s acquisition of Mitchell Energy. In 2005, he founded Steinsberger Tight Gas Consulting, where he has drilled and completed wells in the Barnett, Fayetteville, Woodford, Wolfcamp, Utica, Bakken and Marcellus Shales. Mr. Steinsberger is regarded as an expert in the field of unconventional well completion and is responsible for the drilling and completion of over 1,000 wells in his career. He holds a B.S. in Petroleum Engineering from the University of Texas.

How old is Nicholas Steinsberger?

Nicholas Steinsberger is 56, he's been the Director of Lilis since 2020. There are 2 older and 2 younger executives at Lilis. The oldest executive at Lilis Energy, Inc. is Michael Long, 67, who is the Independent Chairman of the Board.

What's Nicholas Steinsberger's mailing address?

Nicholas's mailing address filed with the SEC is 401 Vintage Ct, Colleyville, TX 76034, USA.

Insiders trading at Lilis

Over the last 13 years, insiders at Lilis have traded over $44,173,163 worth of Lilis stock and bought 323,901 units worth $856,051 . The most active insiders traders include Partners Operating, Llc One..., Fund Vertex, and O'sullivan Revocable Living.... On average, Lilis executives and independent directors trade stock every 60 days with the average trade being worth of $58,283. The most recent stock trade was executed by Joseph C Daches on 14 May 2019, trading 10,000 units of LLEX stock currently worth $9,400.

What does Lilis do?

Lilis Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. Its total net acreage in the Delaware Basin is approximately 19,562 acres. The company's oil and natural gas properties are located in the Delaware Basin in Winkler, Loving, and Reeves counties, Texas; and Lea County, New Mexico. As of December 31, 2019, it had proved reserves of 12,521 million barrels of oil equivalent. The company was formerly known as Recovery Energy, Inc. and changed its name to Lilis Energy, Inc. in December 2013. Lilis Energy, Inc. was incorporated in 2007 and is headquartered in Fort Worth, Texas.

Complete history of Mr. Steinsberger stock trades at Lilis and Lilis

Lilis executives and stock owners

Lilis executives and other stock owners filed with the SEC include:

• Joseph Daches,
  President, Chief Executive Officer, Chief Financial Officer
• Christa Garrett,
  Senior Vice President, General Counsel
• John Johanning,
  Independent Director
• Nuno Brandolini,
  Independent Director
• Nicholas Winter,
  Director
• Nicholas Steinsberger,
  Director
• Michael Long,
  Independent Chairman of the Board
• Ronald D Ormand,
  Director
• Peter Benz,
  Director
• O'sullivan Revocable Living...,
  10% owner
• R Glenn Dawson,
  Director
• Merrill A Mcpeak,
  Director
• Edward Brett Shaw,
  Executive VP and COO
• Abraham Mirman,
  President
• George G Varde Skyway Maste...,
  
• Investment Partners Lpvarde...,
  
• James L Jr Linville,
  President
• Seth D Blackwell Blackwell,
  See Remarks
• Fund Vertex,
  10% owner
• Brennan Dane Short,
  Chief Operating Officer
• Investment Partners Lp Vard...,
  
• George G Varde Fund Xi (Mas...,
  
• Mark Daniel Christensen,
  Director
• G Tyler Runnels,
  Director
• David M. Wood,
  Director
• Partners Operating, Llc One...,
  
• George Gvarde Investment Pa...,
  
• George G Varde Fund Xi (Mas...,
  
• George G Varde Fund Vi A, L...,
  
• Michael J Pawelek,
  President
• Kevin K Nanke,
  EVP and CFO
• Eric James Ulwelling,
  Principal Accounting Officer
• Ariella S Fuchs,
  General Counsel
• Pierre Caland,
  10% owner
• Bruce B. White,
  Director
• Robert A. Bell,
  Director
• Alan Bradley Gabbard,
  CFO & COO
• W Phillip Marcum,
  Chief Executive Officer