Form 8-K Jones Energy, Inc. For: Feb 11

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Go back to Form 8-K Jones Energy, Inc. For: Feb 11

Jones Energy (JONE) Offers Update on Reserves, Operations, FY16 Guidance

February 11, 2016 5:29 PM EST

Jones Energy, Inc. (NYSE: JONE) today provided its 2015 year-end reserves, an operations update, estimated financial results for the fourth quarter and full year 2015, and its initial 2016 capital budget plan and guidance.

Highlights

Proved reserves at year-end 2015 were 101.7 MMBoe based on SEC pricing1; proved oil reserves were 25.4 MMBblCleveland proved reserves were 80.6 MMBoe at year-end 2015PV-10 value of proved reserves was $470 million at SEC prices1Mark-to-market hedge value of $264 million incorporating strip pricing as of February 10,... More