Jones Energy, Inc. Prices Public Offering of Common Stock

AUSTIN, Texas--()--Jones Energy, Inc. (NYSE: JONE) (“Jones Energy” or “the Company") announced today the pricing of an underwritten public offering of 7,500,000 shares of its Class A common stock at $10.25 per share. The Company has granted the underwriters an option to purchase up to an additional 1,125,000 shares of Class A common stock.

The Company intends to use the net proceeds from the offering to repay outstanding borrowings under its revolving credit facility.

Barclays Capital Inc., J.P. Morgan Securities LLC and Tudor, Pickering, Holt & Co. Securities, Inc. are acting as joint book-running managers for the offering. When available, copies of the prospectus supplement for the offering may be obtained on the website of the Securities and Exchange Commission ("SEC"), www.sec.gov, or by contacting the underwriters as follows:

Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717|
Barclaysprospectus@broadridge.com
Telephone: 1 (888) 603-5847

J.P. Morgan Securities LLC
Attn: Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone: 1 (866) 803- 9204

Tudor, Pickering, Holt & Co.Securities, Inc.
Attn: Prospectus Department
1111 Bagby St. #4900
Houston, TX 77002
Capitalmarkets@tphco.com
Telephone: (713) 333-7100

The common stock will be issued and sold pursuant to an effective shelf registration statement on Form S-3 previously filed with the SEC.

This press release does not constitute an offer to sell or a solicitation of an offer to buy common stock or any other securities, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering of these securities may be made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended (the "Securities Act").

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.

Contacts

Jones Energy, Inc.
Mark Brewer, 512-493-4833
Investor Relations Manager
or
Robert Brooks, 512-328-2953
Executive Vice President & CFO

Release Summary

Jones Energy, Inc. announced today the pricing of an underwritten public offering of 7,000,000 shares of its Class A common stock.

Contacts

Jones Energy, Inc.
Mark Brewer, 512-493-4833
Investor Relations Manager
or
Robert Brooks, 512-328-2953
Executive Vice President & CFO