Lilis Energy Inc. (NASDAQ: LLEX) appointed Kevin Nanke as its executive vice president and CFO, the company said March 9.

Nanke has more than 25 years of experience in finance and accounting executive positions in the industry.

Previously, Nanke was treasurer and CFO of Delta Petroleum Corp. (OTC: DPTRQ) from 1999 to 2012, and its controller from 1995 to 1999. as The company became Par Petroleum Corp. (NYSE MKT: PARR) in 2011. Nanke also was treasurer and CFO of Delta's E&P subsidiary, Amber Resources. He was treasurer, CFO and director of DHS Drilling Co., another Delta E&P subsidiary.

He also worked at KPMG LLP.

Nanke has a bachelor’s degree from the University of Northern Iowa.

"Kevin will be a great asset. The company is well capitalized and our restructuring is complete. Our strategy moving forward includes an aggressive strategic acquisitions initiative that will benefit from Kevin's extensive and broad E&P finance background," said Avi Mirman, director and CEO.

Additionally, the company said that Eric Ulwelling resumed his position as principal accounting officer and controller, a position he has held since joining the company in 2012. He has been CFO since October 2014.

Denver-based Lilis Energy Inc. explores and produces in the Denver-Julesburg Basin.