M&A Deal Summary

Jones Energy Acquires Crusader Energy Group

On January 4, 2010, Jones Energy acquired energy services and equipment company Crusader Energy Group

Acquisition Highlights
  • This is Jones Energy’s 1st transaction in the Energy Services and Equipment sector.
  • This is Jones Energy’s 1st transaction in the United States.
  • This is Jones Energy’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2010-01-04
Target Crusader Energy Group
Sector Energy Services and Equipment
Buyer(s) Jones Energy
Deal Type Add-on Acquisition

Target

Crusader Energy Group

Oklahoma City, Oklahoma, United States
Crusader Energy Group, Inc. is an oil and gas company operating company.

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Buyer(S) 1

Buyer

Jones Energy

Austin, Texas, United States

Category Company
Founded 1988
Sector Oil/Gas Exploration
Employees104
Revenue 226M USD (2018)
DESCRIPTION

Jones Energy, Ltd. is an independent oil and gas company engaged in the development, production, and acquisition of oil and natural gas properties in the Anadarko and Arkoma basins of Texas and Oklahoma. Jones Energy was founded in 1988 and is based in Austin, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Oklahoma M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2010 M&A 1 of 1