Lilis Energy, Inc. announced the appointment of David M. Wood to the Lilis Energy Board of Directors. Mr. Wood is replacing G. Tyler Runnels who has resigned from the Board of Directors. Mr. Wood currently serves as Chairman of Arsenal Resources. He was CEO, President and member of the Board of Directors of Murphy Oil Corp., from 2009-2012. Previously he served as Manager, Frontier Exploration and President of Murphy Exploration and Production, from 1994-2008. Mr. Wood led the upstream business to a globally operated footprint that experienced a doubling of production over 15 years. During his 40-year career, Mr. Wood additionally led Ashland Exploration as Vice President International to a fivefold increase in production from Nigeria, and exploration success and portfolio growth globally, from 1980-1994. Mr. Wood currently serves as Chairman of a private equity-backed Marcellus gas development company, Arsenal Resources, having previously held the position of Chairman and CEO.