Jones Energy files voluntary bankruptcy

Jones Energy Inc. has filed a prepackaged plan of reorganization under Chapter 11 of the US Bankruptcy Code designed to convert to equity all its funded debt. The company said the plan will enable it to maintain operations as usual.
April 16, 2019

Jones Energy Inc., Austin, has filed a prepackaged plan of reorganization under Chapter 11 of the US Bankruptcy Code designed to convert to equity all its funded debt.

The company said the plan will enable it to maintain operations as usual.

The company produces oil and gas in the Merge play of Oklahoma and in the western Anadarko basin of Oklahoma and the Texas Panhandle.

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