Jones Energy,Inc. (NYSE:JONE) Files An 8-K Changes in Registrant’s Certifying Accountant

Jones Energy,Inc. (NYSE:JONE) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 4.01. Changes in Registrant’s Certifying Accountant.

(b) Engagement of New Independent Registered Public Accounting Firm.

On June28, 2018, the Audit Committee (the “Audit Committee”) of the Board of Directors of Jones Energy,Inc. (the “Company”), after conducting a competitive selection process, recommended to the Board of Directors that Grant Thornton LLP (“Grant Thornton”) be appointed as the Company’s independent registered public accounting firm for the year ending December31, 2018. Grant Thornton was formally engaged on June29, 2018.

During the Company’s fiscal years ended December31, 2017 and 2016 and during the subsequent interim period from January1, 2018 through June29, 2018, neither the Company nor anyone on its behalf has consulted with Grant Thornton on any matter that (i)involved the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, in each case where a written report was provided or oral advice was provided that Grant Thornton concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue, or (ii)was either the subject of a “disagreement”, as that term is defined in Item 304(a)(1)(iv)of Regulation S-K and the related instructions to Item 304 of Regulation S-K, or a “reportable event”, as that term is defined in Item 304(a)(1)(v)of Regulation S-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

ExhibitNo.

Description

99.1

Press Release, dated July2, 2018


Jones Energy, Inc. Exhibit
EX-99.1 2 a18-16239_2ex99d1.htm EX-99.1 Exhibit 99.1   JONES ENERGY,…
To view the full exhibit click here

About Jones Energy,Inc. (NYSE:JONE)

Jones Energy, Inc. is an independent oil and gas company engaged in the exploration, development, production and acquisition of oil and natural gas properties. The Company’s assets are located within the Anadarko and Arkoma basins of Texas and Oklahoma. It owns leasehold interests in oil and natural gas producing properties, as well as in undeveloped acreage, located in the Anadarko and Arkoma basins in Texas and Oklahoma. The Company’s oil is generally sold under short-term, extendable and cancellable agreements with unaffiliated purchasers. The Company’s natural gas is sold at delivery points at or near producing wells to natural gas gathering and marketing companies. Its total estimated proved reserves are approximately 101.7 million barrels of oil equivalent (MMBoe). Approximately 25% of its total estimated proved reserves consist of oil, over 32% consist of natural gas liquids (NGLs) and over 43% consist of natural gas. Its properties include over 1,020 gross producing wells.

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