CLOs on the Move

Jonah Energy LLC acquires and operates producing onshore oil and gas properties located in North America. On May 12, 2014 Jonah Energy closed on the acquisition of the Jonah Field located in Sublette County, Wyoming from Encana Corporation. The Jonah field has a total productive area of about 24,000 acres, over 1,600 producing wells, and estimated year-end 2013 proved reserves totaling approximately 1.5 trillion cubic feet equivalent (Tcfe). In addition, the acquisition from Encana includes over 100,000 undeveloped acres adjacent to Jonah field known as the Normally Pressured Lance (NPL) area. The NPL has a potential of up to 3,500 ...

Jonah Energy LLC acquires and operates producing onshore oil and gas properties located in North America. On May 12, 2014 Jonah Energy closed on the acquisition of the Jonah Field located in Sublette County, Wyoming from Encana Corporation. The Jonah field has a total productive area of about 24,000 acres, over 1,600 producing wells, and estimated year-end 2013 proved reserves totaling approximately 1.5 trillion cubic feet equivalent (Tcfe). In addition, the acquisition from Encana includes over 100,000 undeveloped acres adjacent to Jonah field known as the Normally Pressured Lance (NPL) area. The NPL has a potential of up to 3,500 new gas and oil wells. Our development plans include a current five rig drilling program and base production enhancement projects. Jonah Energy was named after the prolific Jonah field, the company`s first asset investment. The company name is meant to honor the people who built the field into a world-class gas asset and to reflect that the Jonah field will be Jonah Energy`s platform for future growth and top priority. Jonah Energy is led by Tom Hart (CEO), Craig Manaugh (President & COO), Dave Honeyfield (CFO), Mark Brannum (General Council) and Rory O`Byrne (Chief Human Resource officer). Jonah Energy is backed by TPG, a leading global private investment firm.

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