Jones Energy, an oil and gas company engaged in the development, production and acquisition of oil and natural gas properties in Texas and Oklahoma, filed on Tuesday with the SEC to raise up to $250 million in an initial public offering. The company was formed in 2013, but its predecessor company has been operating since 1988. The Austin, TX-based company, which booked $162 million in sales for the 12 months ended March 31, 2013, plans to list on the NYSE under the symbol JONE. Jones Energy initially filed confidentially on March 29, 2013. J.P. Morgan, Barclays, and Wells Fargo are the joint bookrunners on the deal. No pricing terms were disclosed.
