Jones Energy, an oil and gas E&P focused on the Anadarko and Arkoma basins of TX and OK, raised $188 million by offering 12.5 million shares at $15, below the range of $17-$19. The company had originally planned to sell 14 million shares. CEO Jonny Jones intends to purchase 1.3 million shares at the offer price. Jones Energy plans to list on the NYSE under the symbol JONE. J.P. Morgan, Barclays and Wells Fargo Securities acted as lead managers on the deal.
