Nov. 25, 2013, 4:44 PM
- 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)
Jones Energy, Inc. is an independent oil and gas company, which is engaged in the development, production and acquisition of oil and natural gas properties in the Anadarko and Arkoma basins of Texas and Oklahoma. Its development operations are focused on horizontal drilling and completions... More
Sector: Basic Materials
Industry: Independent Oil & Gas
Country: United States