Jones Energy in $195M deal for Anadarko Basin assets

|About: Jones Energy, Inc. (JONE)|By:, SA News Editor

Jones Energy (JONE) says it will acquire "producing and undeveloped oil and gas assets in the Anadarko Basin for $195M" from a privately-held company.

The deal includes "92 producing wells with net production of approximately 3,400 barrels of Boe/d [and] proved reserves of 14.3M MMBoe."

JONE says the transaction should be cash flow and EPS accretive in 2014. (PR)