| About Jones Energy Ltd. The Jones family has been a pioneer in oil and gas exploration. In that
tradition, Jonny Jones founded Jones Energy, Ltd.
in 1993 in Austin, Texas. Jones
Energy Ltd.'s activity is the catalyst for resurrecting
exploration in shallow gas reservoirs in the western Anadarko Basin of the Texas
Panhandle. In honor of family exploration roots dating back to the 1920s, Jones continues
to develop shallow gas fields, while shifting exploration efforts to bypassed deeper
targets. Jones Energy Ltd.'s most noted
discoveries in the Texas Panhandle include the Patten (Krider) fields in Hansford County
and the Hoover NE (Chase) field in Gray County.
Jones Energy
Ltd. continues to focus its efforts on the development and implementation of cost-effective
exploration methods. Through innovative ideas, such as combining the accuracy of 3-D
seismic with increased well potentials from horizontal completions, Jones
Energy Ltd. has achieved and maintained low finding and developing costs.
Jones
Energy Ltd.'s
goal is to be a leader in advancing the position of natural gas as the fuel of choice for
North America. To accomplish this, Jones Energy
Ltd. utilizes new, state-of-the-art technology to exploit shallow targets in mature gas-prone
basins previously overlooked, despite current technology. |