Jones Energy completes Anadarko Basin acquisition

Jones Energy Inc.

Jones Energy Inc. (NYSE: JONE) has closed its acquisition of oil and gas properties in the Anadarko Basin from Sabine Oil & Gas LLC for $195 million. The company funded the acquisition with borrowings under its revolving credit facility.

Jones Energy 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.

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