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Jones Energy, Inc. Provides Operations Update, 2017 Year-End Reserves and 2018 Guidance

Feb 05, 2018 - GlobeNewswire

AUSTIN, Texas, Feb. 05, 2018 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE:JONE) ("Jones Energy" or "the Company") today provided its 2017 year-end reserves, an operations update and initial 2018 guidance.  

Bone 2H Meramec well achieves peak IP24 rate of 1,878 Boe/d (54% oil, 3-stream). Peak oil rate of 1,015 Bo/d or 232 Bbls per 1,000' of lateral, sets new Company record in the Merge.

Fourth quarter 2017 average production of approximately 21,200 Boe/d, 6.5% above the midpoi...