Jones Energy, Inc. Files Registration Statement
May 03 2017 - 7:50AM
Jones Energy, Inc. (NYSE:JONE) (“Jones Energy” or “the Company”)
has filed a shelf registration statement on Form S-3 with the U.S.
Securities and Exchange Commission (“SEC”) to allow for the
potential resale of up to 181,600 shares of the Company’s 8.0%
Series A Perpetual Convertible Preferred Stock (“Preferred Shares”)
by affiliates of Metalmark Capital Partners (“Metalmark”) and up to
17,868,330 shares of the Company’s Class A Common Stock ("Class A
Shares") by affiliates of JVL Advisors L.L.C (“JVL”). The
filing of such registration statement satisfies the Company’s
contractual obligation to register the Preferred Shares and the
Class A Shares pursuant to an existing registration rights
agreement entered into with Metalmark and JVL. The Company
will not receive any proceeds from the sale of Class A Shares by
JVL or Preferred Shares by Metalmark.
A registration statement relating to the Preferred Shares and
the Class A Shares has been filed with the SEC. None of the
Preferred Shares or the Class A Shares may be sold nor may offers
to buy be accepted prior to the time the registration statement
becomes effective. This press release shall not constitute an offer
to sell or the solicitation of an offer to buy nor shall there be
any sale of the Preferred Shares or the Class A Shares in any state
or jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
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. Additional information about Jones Energy may be
found on the Company’s website at: www.jonesenergy.com.
Investor Contact:
Page Portas, 512-493-4834
Investor Relations Associate
Or
Robert Brooks, 512-328-2953
Executive Vice President & CFO
ir@jonesenergy.com