Jonah Energy Completes $750 Million Securitized Financing
10/20/22, 9:20 PM
Location
Money raised
$750 million
Industry
oil and gas
energy
Jonah Energy LLC ("Jonah"), one of the leading sustainable natural gas producers in the U.S., has successfully closed its inaugural securitized financing transaction. The transaction comprised the offering by an affiliate of Jonah of $750 million fully amortizing notes backed by a portion of Jonah's producing assets.
Company Info
Location
denver, colorado, united states
Additional Info
Jonah Energy is an oil and gas exploration and development company headquartered in Denver, Colorado and operating in the Jonah and Pinedale Fields in Sublette County, Wyoming. The company is one of the largest privately held natural gas producers in the US and focuses on producing natural gas in an environmentally responsible manner.
Jonah Energy became the first U.S. operator to sign onto and to achieve the gold standard rating for low emissions from the United Nations' Oil and Gas Methane Partnership 2.0, the only comprehensive, measurement-based framework specifically designed for the oil and gas industry. The company is also a member of ONE Future, an organization comprised of 53 companies, representing the entire US natural gas value chain, committed to a performance-based approach to reducing methane emissions.