<SEC-DOCUMENT>0001683692-16-000006.txt : 20160906
<SEC-HEADER>0001683692-16-000006.hdr.sgml : 20160906
<ACCEPTANCE-DATETIME>20160906092324
ACCESSION NUMBER:		0001683692-16-000006
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20160906
DATE AS OF CHANGE:		20160906
GROUP MEMBERS:		SOSV INVESTMENTS LLC

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LILIS ENERGY, INC.
		CENTRAL INDEX KEY:			0001437557
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-85425
		FILM NUMBER:		161869978

	BUSINESS ADDRESS:	
		STREET 1:		216 16TH STREET
		STREET 2:		SUITE #1350
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202
		BUSINESS PHONE:		(303) 951-7920

	MAIL ADDRESS:	
		STREET 1:		216 16TH STREET
		STREET 2:		SUITE #1350
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RECOVERY ENERGY, INC.
		DATE OF NAME CHANGE:	20091104

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNIVERSAL HOLDINGS INC
		DATE OF NAME CHANGE:	20080612

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Sean O'Sullivan Revocable Living Trust
		CENTRAL INDEX KEY:			0001683692
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		174 NASSAU STREET #3000
		CITY:			PRINCETON
		STATE:			NJ
		ZIP:			08542
		BUSINESS PHONE:		7346693311

	MAIL ADDRESS:	
		STREET 1:		174 NASSAU STREET #3000
		CITY:			PRINCETON
		STATE:			NJ
		ZIP:			08542
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>Schedulegtxtt.txt
<DESCRIPTION>SCHEDULE 13G
<TEXT>
Schedule 13G

Name of Issuer: Lilis Energy, Inc.
Title of Class of Securities: Common Stock
CUSIP Number 432403102
Date of Event Requiring Filing of this Statement: June 23, 2016

The rule pursuant to which this Schedule is filed: 13d-1(c)

1. Name of Reporting Persons: Sean O?Sullivan Revocable Living Trust
2. (b)
3.
4. Citizenship or place of Organization: Not Applicable
5. Sole Voting Power -  242,172
6. Shared Voting Power ? 0
7. Sole Dispositive Power ? 242,172
8. Shared Dispositive Power ? 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person ?
242,172
10. Not applicable
11. Percent of class represented by amount in row 9 ? 1.41%*
12. Type of Reporting Persons ? OO

* The Sean O?Sullivan Revocable Living Trust is filing as part of a
group collectively holding 12.27% of the class.

CUSIP No. 53243102
1. Name of Reporting Persons: SOSV Investments LLC
2. (b)
3.
4. Citizenship or place of Organization: Delaware
5. Sole Voting Power -  1,863,946
6. Shared Voting Power ? 0
7. Sole Dispositive Power ? 1,863,946
8. Shared Dispositive Power ? 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person ?
1,863,946
10. Not applicable
11. Percent of class represented by amount in row 9 ? 10.86%*
12. Type of Reporting Persons ? OO

* The Sean O?Sullivan Revocable Living Trust is filing as part of a
group collectively holding 12.27% of the class.

Item 1. 	(a) Lilis Energy, Inc.
		(b) 216 16th Street, Suite #1350, Denver Colorado 80202

Item 2. 	(a), (b) and (c). This Schedule 13G is being filed on
behalf of the Sean O?Sullivan Revocable Living Trust, as
part of a group together with SOSV Investments LLC
(together, the ?Reporting Persons?).

The Reporting Persons have entered into a Joint Filing Agreement, a
copy of which is filed with this Schedule 13G as Exhibit 1, pursuant
to which the Reporting Persons have agreed to file this Schedule 13G
jointly in accordance with the provisions of Rule 13d-1(k) of the
Securities Exchange Act of 1934, as amended.  However, neither the
fact of this filing nor anything containing herein shall be deemed to
be an admission by the Reporting Persons that such a group exists
The principal business office of the Reporting Persons is c/o  SOSV,
Attn: William Farah, 174 Nassau Street #3000 Princeton, NJ 08542
Citizenship: Not Applicable

       (d) Title and Class of Securities: Common Stock

       (e) CUSIP No. 53243102
Item 3. 	Not applicable
Item 4.    (a)	SOSV Investments LLC ? 1,863,946 Shares of Common Stock
Sean OSullivan Revocable Living Trust ? 242,172 Shares of
Common Stock
 		(b)  SOSventures LLC ? 1.41%
       Sean O?Sullivan Revocable Living Trust ? 10.86%
	      (c)
		(i)	SOSV Investments LLC ? 1,863,946 Shares of Common
Stock
Sean O?Sullivan Revocable Living Trust ? 242,172
Shares of Common Stock
(ii)	0
(iii)	SOSV Investments LLC ? 1,863,946 Shares of Common
Stock
Sean O?Sullivan Revocable Living Trust ? 242,172
Shares of Common Stock
(iv)	0
Item 5.	Not Applicable
Item 6.	Not Applicable
Item 7.	Not Applicable
Item 8.	Not Applicable
Item 9.	Not Applicable
Item 10.	The following certification shall be included if the statement
is filed pursuant to ?240.13d-1(c):

By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not
held for the purpose of or with the effect of changing or influencing
the control of the issuer of the securities and were not acquired and
are not held in connection with or as a participant in any transaction
having that purpose or effect.

SEAN O?SULLIVAN REVOCABLE
LIVING TRUST

By: /s/ Sean O?Sullivan
Name: Sean O?Sullivan
Its: Trustee


SOSVENTURES LLC

By: /s/ Sean O?Sullivan
Name: Sean O?Sullivan
Its: Managing Director


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>