AUSTIN, Texas, June 05, 2017 (GLOBE NEWSWIRE) — Jones Energy, Inc. (NYSE:JONE) (“Jones Energy” or “the Company”) announced today that its lending group has completed their semi-annual borrowing base redetermination under the Company’s revolving credit facility. The borrowing base has been reaffirmed at $425 million. The next redetermination is expected in the fall of 2017.
The Company also announced it plans to participate in the following investor conferences:
- June 20 – 21: Wells Fargo 2nd Annual West Coast Energy Conference, San Francisco, CA
- June 26 – 28: J.P. Morgan 2017 Energy Equity Conference, New York, NY
The presentation materials for these events will be posted to the Company’s website at www.jonesenergy.com in the Investor Relations section.
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.
CONTACT: Investor Contact: Page Portas, 512-493-4834 Investor Relations Associate Or Robert Brooks, 512-328-2953 Executive Vice President & CFO