The Company expects to receive approximately $132.2 million in net proceeds from the offerings and intends to use the net proceeds from the offerings to fund a portion of the $136.5 million purchase price of the Company’s previously announced acquisition of oil and gas properties located in the STACK/SCOOP play in Central Oklahoma.
Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC are acting as joint book-running managers for both offerings. GMP Securities L.P. and Johnson Rice & Company L.L.C. are acting as co-managers for the offering of Class A common stock.
Baker Botts L.L.P. represented Jones Energy in the public offerings, as well as the STACK/SCOOP play acquisition.
Baker Botts Lawyers/Office Involved:
• Corporate: Mollie Duckworth (Partner, Austin); Doug Rayburn (Partner, Dallas); Travis Wofford (Senior Associate, Houston); John Kaercher (Associate, Austin); Robert Goodin (Associate, Austin)
• Tax: Steve Marcus (Partner, Dallas); Aaron Pinegar (Senior Associate, Dallas)
• Finance: Andrew Thomison (Partner, Houston)
For more information, please see Jones’ news release by clicking here.
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