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.
ABOUT BAKER BOTTS L.L.P.
Baker Botts is an international law firm of approximately 725 lawyers practicing throughout a network of 13 offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy and technology sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit bakerbotts.com.