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Jones Energy

Jones Energy entered into a definitive agreement to acquire producing and undeveloped oil and gas assets in the Anadarko basin from Sabine Oil & Gas for USD 195 million. The assets consist of approximately 26,000 net acres in the Cleveland, Tonkawa, and Marmaton plays in the Texas Panhandle and western Oklahoma. The assets have proved reserves of 14.3 million BOE.


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