Meanwhile, Wyoming’s other leading natural gas producer Jonah Energy has continued to weather the tough market conditions. Jones Energy today also announced that it has entered into a new reserve-based credit facility (the “Facility”) with a group of banks led by TD Securities and an initial borrowing base of $225 million. At emergence, each holder of Senior Notes received its pro rata share of 100% of new common equity issued by the reorganized Company, subject to terms provided under the plan of reorganization. Follow the latest on Wyoming’s energy industry @camillereports. Maps of counties in the STACK play showing townships and ranges. Denver, CO  – Jonah Energy LLC is the first company to be awarded Independent Energy Standards Corporation’s (IES) low-methane standard…, Denver, CO. December 17, 2019 – Jonah Energy is pleased to announce that Paulett Eberhart has joined its Board as…, Mark Brannum touts Jonah Energy’s Responsibly Produced Gas Initiative in Vanguard Feature, Jonah Energy Becomes First Company to Meet Verified Low-Methane Standards, Paulett Eberhart joins Jonah Energy Board of Managers. proceeds from the $35 million second lien convertible note. 2 He prayed to the Lord, “Isn’t this what I said, Lord, when I was still at homeThat is what I tried to forestall by fleeing to Tarshish. Inhabitant of Nineveh. On the Effective Date and pursuant to the Plan, the Company’s existing securities were cancelled and the Company issued 4,436,130 shares of Class A common stock in Jones Energy II, Inc. (the “Class A Common Stock”), 9,843,870 shares of Class B common stock in Jones Energy II, Inc. (the “Class B Common Stock”), together with a corresponding number of common units in Jones Energy Holdings II, LLC (the “Common Units” and, together with the Class A Common Stock and Class B Common Stock, the “New Common Equity”), and 2,520,000 5‑year warrants convertible into New Common Equity (the “New Warrants”). Email notifications are only sent once a day, and only if there are new matching items. © 2020 GlobeNewswire, Inc. All Rights Reserved. You can cancel at any time. These forward‑looking statements are based on management’s current belief, based on currently available information, as to the outcome and timing of future events, actions and developments. The Company expects that its newly issued Class A common stock and New Warrants will be quoted on the OTC Pink Market under the ticker symbols JEII and JEII.W, respectively. “The LORD spake”: Just as God calls the stars by name (Isa. Jonah 2:10 And the LORD spake unto the fish, and it vomited out Jonah upon the dry land. EV growth in Oklahoma is focus of legislative hearing, ConocoPhillips and Concho agree to merger. Choose from 500 different sets of energy chapter 11 its conservation flashcards on Quizlet. From aner and ops; man-faced, i.e. {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}, Joy Ufford II. For months, natural gas prices have been brutally low for producers and competition tight amidst a glutted market, especially for producers in Wyoming. AUSTIN, Texas, May 17, 2019 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (OTC Pink: JEII) (“Jones Energy” or the “Company”) today announced that it is emerging from bankruptcy. And Jonah was in the belly of the fish three days and three nights. The Company also announced its new Board of Directors, comprised of the following individuals, whose • Brian Connolly, co-founder of Millstreet Capital Management LLC Vous pouvez modifier vos choix à tout moment dans vos paramètres de vie privée. 22:28-30). Henry Hub natural gas spot prices, a U.S. benchmark for the commodity, have hovered between $1.50 and $2.50 per million British thermal units for months on end. Davis Polk & Wardwell LLP acted as legal counsel, Rothschild & Co and Intrepid Partners, LLC acted as investment bankers and Opportune LLP acted as financial advisor to Chaparral. There was a problem saving your notification. The first person singular present indicative; a prolonged form of a primary and defective verb; I exist. Leading natural gas producer in Wyoming files for bankruptcy. Luke 24:46,47 And said unto them, Thus it is written, and thus it behoved Christ to suffer, and to rise from the dead the third day: …. Verb - Future Indicative Middle - 3rd Person Singular. The, the definite article. Jones Energy emerges from chapter 11 in a strong financial position with the flexibility to optimize the value of its assets for all our stakeholders.” Distributions to Prepetition Noteholders Demonstrative Pronoun - Dative Feminine Singular. The Company emerges following satisfaction of all of the conditions to effectiveness under the Company’s prepackaged chapter 11 plan (the “Plan”), previously confirmed by the United States Bankruptcy Court for the Southern District of Texas (the “Court”) less than two weeks ago on May 6, 2019. Jonah 1:17 Now the LORD had prepared a great fish to swallow up Jonah. Ultra Petroleum Corp., a leading natural gas producer in Wyoming, filed for bankruptcy Thursday evening. One of Wyoming’s most prolific natural gas producers, Ultra Petroleum Corp., filed for Chapter 11 bankruptcy Thursday evening in Texas following months of financial instability. • Sam Barker, Portfolio Manager at Amzak Capital Management I knew that you are a gracious and compassionate God, slow to anger and abounding in love, a God who relents from sending calamity. “We’re still fully producing in the Jonah field,” Ulrich said. When used in this press release, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” and similar expressions are intended to identify forward‑looking statements, although not all forward‑looking statements contain such identifying words. Pour autoriser Verizon Media et nos partenaires à traiter vos données personnelles, sélectionnez 'J'accepte' ou 'Gérer les paramètres' pour obtenir plus d’informations et pour gérer vos choix.

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