Close

Form 8-K Jones Energy, Inc. For: Sep 27

September 27, 2016 7:16 AM EDT

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported):  September 27, 2016

 

Jones Energy, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-36006

 

80-0907968

(State or Other Jurisdiction of
Incorporation or Organization)

 

(Commission File
Number)

 

(I.R.S. Employer Identification No.)

 

807 Las Cimas Parkway, Suite 350
Austin, Texas

 

78746

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:  (512) 328-2953

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 7.01              Regulation FD Disclosure.

 

The information set forth in Item 8.01 below is incorporated by reference in its entirety into this Item 7.01.

 

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

The information in the attached Exhibit 99.1, is being “furnished” pursuant to Item 7.01 and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, and is not incorporated by reference into any filing, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

 

Item 8.01.             Other Information.

 

On September 27, 2016, Jones Energy, Inc., a Delaware corporation (the “Company”), issued a press release announcing the closing of the previously announced acquisition by Jones Energy Holdings, LLC, a Delaware limited liability company and the operating subsidiary of the Company (“JEH LLC”), of oil and gas properties located in the STACK/SCOOP play in Central Oklahoma for a closing price of approximately $136.5 million, subject to customary post-closing adjustments (the “Acquisition”).

 

Item 9.01              Financial Statements and Exhibits.

 

(d)           Exhibits

 

Exhibit No.

 

Description

99.1

 

Press Release of Jones Energy, Inc., dated September 27, 2016 (Acquisition).

 

2



 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date:  September 27, 2016

 

 

JONES ENERGY, INC.

 

 

 

 

 

By:

/s/ Robert J. Brooks

 

 

Robert J. Brooks

 

 

Executive Vice President and Chief Financial Officer

 

3



 

EXHIBIT INDEX

 

Exhibit No.

 

Description

99.1

 

Press Release of Jones Energy, Inc., dated September 27, 2016 (Acquisition).

 

4


Exhibit 99.1

 

 

JONES ENERGY, INC. COMPLETES STACK/SCOOP ACQUISITION AND OPENS OKLAHOMA CITY OFFICE

 

Austin, TXSeptember 27, 2016 — Jones Energy, Inc. (NYSE: JONE) (“Jones Energy” or the “Company”) today announced the closing of its previously announced STACK/SCOOP acquisition for a closing price of $136.5 million, subject to customary post-closing adjustments, and announced the opening of an office in Oklahoma City, OK as a result of this acquisition.  The Company funded the acquisition with a portion of the approximately $152 million in net proceeds from its recently completed offerings of Class A common stock and Series A perpetual convertible preferred stock.

 

Jonny Jones, the Company’s Founder, Chairman, and CEO, commented, “I am pleased to announce the closing of this transformative transaction.  We are focused on leveraging our best-in-class Midcontinent operating expertise to develop this asset.  I look forward to providing you with updates on our development plan.”

 

Mike McConnell, the Company’s President, commented, “I will be leading the team at our new Oklahoma City office.  We believe having a local presence will play a key role in helping us realize the full potential of this impressive new asset and I am excited to lead that effort.”

 

About Jones Energy

 

Jones Energy, Inc. is an independent oil and natural gas company engaged in the development and acquisition of oil and natural gas properties in the Anadarko and Arkoma basins of Texas and Oklahoma.

 

Investor Contacts:

Cathleen King, 512-493-4834

Investor Relations

Or

Robert Brooks, 512-328-2953

Executive Vice President & CFO

 

1




Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

SEC Filings