10.3.17
Jonah Energy LLC Announces Closing $600 Million of Senior Notes Due 2025
Our Operations
Jonah Energy acquires and operates producing oil and gas properties in North America. The Jonah Field, one of North America’s most prolific gas fields, was our first acquisition in 2014. Through improved efficiency and innovation we have halted production declines and reduced operating costs, while emphasizing safety and environmental performance.
The Jonah Field
The Jonah Field was one of the largest onshore natural gas discoveries in the early 1990’s, with estimated original resource of 19.2 Tcf concentrated within an area of about 24,000 acres. We currently operate over 1,700 producing wells, and expect to average approximately 550 mmcfe/day of gross production in 2017.
NPL Oil and Gas Development Project
The Normally Pressured Lance (NPL) Project encompasses 140,859 acres immediately south and west of the existing Jonah Field. Long-term development potential includes a maximum of 3,500 directionally drilled wells to produce natural gas and oil. The project includes significant environmentally sustainable practices. The Draft Environmental Impact Statement is currently available for public comment through August 21, 2017.