Exhibit 99.1

JONES ENERGY, INC. ANNOUNCES 2015 THIRD QUARTER FINANCIAL AND OPERATING RESULTS

Austin, TX — November 4, 2015 — Jones Energy, Inc. (NYSE: JONE) (“Jones Energy” or “the Company”) today announced financial and operating results for the quarter ended September 30, 2015.  For the quarter ended September 30, 2015, the Company reported net income of $34.8 million, an adjusted net loss of $1.6 million, and EBITDAX of $67.5 million.

2015 Third Quarter Highlights

·                  Average daily net production for the quarter was 25.3 MBoe/d, 2,300 Boe/d above the top end of guidance

·                  Increasing full year production guidance to 24.7 — 25.0 MBoe/d (2nd increase during 2015)

·                  Reduced 2015 capital budget from $240 million to $220 million on September 9, 2015; announcing additional reduction to $210 million

·                  Completed senior secured credit facility redetermination with borrowing base set at $510 million; liquidity of $420 million as of October 31, 2015

·                  Acquired nearly 10,000 net acres in the Cleveland through leasing for approximately $3 million

Jonny Jones, the Company’s Founder, Chairman and CEO stated, “Our operating team’s execution and commitment to meeting and exceeding our third quarter targets was outstanding.  We ramped activity as previously discussed, but when oil prices dropped in August, we were able to reduce activity quickly due to our flexible operations and lack of long-term drilling commitments.  As a result of our strong performance, we are ahead of expectations on production and were able to reduce our capital budget for the year by $20 million to $220 million, which today we are reducing by another $10 million, bringing the 2015 capital expenditure budget down to $210 million.  Even with the reduction in activity, we now expect 2015 full year production to exceed 2014 while reducing year-over-year capital spending by 60%.”

Mr. Jones went on to say, “We recently completed the fall redetermination of our credit facility, and as of October 31, had liquidity of $420 million.  Our liquidity position coupled with our strong hedge book is reassuring as we continue to evaluate new opportunities in the current environment.  We are still a number of months away from finalizing our 2016 capital budget, but have begun our internal process and are evaluating numerous options.  Our ultimate goal is to allocate capital only to projects and opportunities that will increase shareholder value while preserving our balance sheet.  Assuming the current commodity price strip for next year, our goal will be to create a cash flow neutral program for 2016.  We look forward to a strong finish for the year and are keenly focused on making the most of the opportunities we expect to see as we transition from 2015 into 2016.”

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Financial Results

Total operating revenues for the three months ended September 30, 2015 were $47.2 million as compared to $100.3 million for the three months ended September 30, 2014.  The decrease was due to lower commodity prices, which was somewhat offset by higher production.  Total revenues including cash settlements of current period commodity hedges were $86.4 million.

Total expenses for the three months ended September 30, 2015 were $79.5 million as compared to $74.1 million for the three months ended September 30, 2014.  The increase was primarily due to higher general and administrative (“G&A”) expenses, higher depletion, depreciation, and amortization expenses (“DD&A”) from increased production, and certain non-recurring charges which were booked to exploration expense.  The non-recurring charges were for lease abandonment related to properties that the Company decided during the third quarter of 2015 not to develop.  These increases were somewhat offset by lower lease operating expenses (“LOE”) and production taxes.  Lease operating expenses were down over 20% from the same period in the previous year primarily due to an operational focus on reducing post-completion costs, such as limiting the length of time rental equipment and flow-back hands are on-site, and by reducing recurring operating expenses, such as optimizing the usage of compressors and chemicals.  Excluding the non-recurring charges booked as exploration expense, total expenses for the third quarter of 2015 would have been in-line with the same period in the previous year, despite higher production levels.

For the three months ended September 30, 2015, the Company reported an adjusted net loss of $1.6 million as compared to adjusted net income of $14.3 million for the three months ended September 30, 2014.  The decrease was primarily due to lower average realized prices for all commodities and an increase in interest expense.

Operations Update

Cleveland

The Company increased activity from a four rig program to a five rig program in early July.  Following the drop in oil prices during the month of August, the fourth and fifth rig were released in early September and activity was reduced to the previous three rig program.  During the third quarter, the Company spud 21 wells and completed 22 wells, with a total of 24 wells seeing first production during the quarter.  As of September 30, 2015, four wells were in various stages of completion and three wells were being drilled.

Daily net production in the Cleveland was 19.1 MBoe/d in the third quarter of 2015, up 6% from 18.0 MBoe/d in the second quarter of 2015 and up 4% from 18.3 MBoe/d in the third quarter of 2014.  As of October 31, the Company has drilled 45 thirty-three stage open-hole wells, all of which have been completed, and 40 of which have begun producing.  Seven wells have more than 180 days of production, 17 are between 90 and 180 days, and 16 wells have less than 90 days of production as of October 31.  Production results for the 33 stage wells continue to reflect the expected uplift in oil production and also have shown higher than expected natural gas volumes.

Capital Expenditures

During the third quarter of 2015, the Company spent $57.8 million, of which $48.6 million was related to drilling and completing wells, representing 84% of total capital expenditures in the quarter.  The remaining $9.2 million was primarily related to leasing and capital workovers.  The Company has continued to experience a very high working interest capture

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rate and has averaged a 93% working interest in the wells spud during 2015.  At the outset of 2015, the average working interest across the Company’s Cleveland acreage was approximately 70%.  During the course of 2015, the Company has been able to acquire from non-participating working interest owners on average an additional 23% working interest in the wells drilled year-to-date.

Since adding incremental dollars at mid-year to the 2015 capital budget for leasing, the Company has secured nearly 10,000 net acres for approximately $3 million at lease rates that are one-third of the prior year’s average with improved royalty terms.  This has allowed the Company to add more than 75 net Cleveland locations year-to-date.

In the Company’s press release on September 9, the 2015 full year capital expenditures budget was lowered from $240 million to $220 million.  The Company now expects capital expenditures of $210 million for the full year 2015.  A summary of the capital expenditures for the third quarter and year-to-date 2015 is provided in the table below.

2015 Capital Expenditure Summary ($mm)

Liquidity and Hedging

On October 8, 2015, the Company’s borrowing base on its senior secured revolving credit facility was set at $510 million.  As of October 31, 2015, the Company had undrawn credit facility availability of $400 million and approximately $20 million in cash.

The Company entered into additional hedges during the third quarter of 2015, primarily focusing on estimated production beyond 2016.  Additional swaps for 2019 crude oil and natural gas swaps for 2017 through 2019 were added to account for recent drilling activity.  As of the end of October, the mark-to-market value of the Company’s hedge book was approximately $210 million, with nearly $150 million attributable to 2016 and 2017 hedge positions.  The Company also has oil and natural gas hedges in place for 2018 and the first half of 2019, although at less significant levels.  Approximately 100% of the Company’s existing oil and natural gas production, or PDP, is hedged through the first half of 2019.  A table providing the latest summary hedge positions is shown below.

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(1) 2015 hedges shown for the fourth quarter.

(2) 2019 hedges apply to the first and second quarters of the year.

Guidance

The Company is providing guidance for the fourth quarter and updating guidance for the full year 2015 as follows:

2015 Guidance

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Conference Call Details

Jones Energy will host a conference call for investors and analysts to discuss its results on Thursday, November 5, 2015 at 10:30 a.m. ET (9:30 a.m. CT).  The conference call can be accessed via webcast through the Investor Relations section of Jones Energy’s website, www.jonesenergy.com, or by dialing (877) 201-0168 (for domestic U.S.) or (647) 788-4901 (International) and entering conference code 51264543.  If you are not able to participate in the conference call, the webcast replay and a downloadable audio file will be available shortly following the call through the Investor Relations section of the Company’s website, www.jonesenergy.com.

About Jones Energy

Jones Energy, Inc. is an independent oil and natural gas company engaged in the development and acquisition of oil and natural gas properties in the Anadarko and Arkoma basins of Texas and Oklahoma.  Additional information about Jones Energy may be found on the Company’s website at: www.jonesenergy.com.

Investor Contacts:

Mark Brewer, 512-493-4833

Investor Relations Manager

Or

Robert Brooks, 512-328-2953

Executive Vice President & CFO

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Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements.  Without limiting the generality of the foregoing, forward-looking statements contained in this press release specifically include the expectations of plans, strategies, objectives and anticipated financial and operating results of the Company, including guidance regarding the timing and location of our anticipated drilling and completion activity, our ability to take advantage of additional working interest capture, our ability to create a cash flow neutral drilling program for 2016, expectations for the leasing, joint venture, and asset acquisition markets, our ability to mitigate commodity price risk through our hedging program, and our ability to successfully execute our 2015 development plan and guidance for the fourth quarter and full year 2015.  These statements are based on certain assumptions made by the Company based on management’s experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate.  Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements.  These include, but are not limited to, changes in oil, natural gas liquids, and natural gas prices, weather and environmental conditions, the timing of planned capital expenditures, availability of acquisitions, uncertainties in estimating proved reserves and forecasting production results, operational factors affecting the commencement or maintenance of producing wells, customers’ elections to reject ethane and include it as part of the natural gas stream for the remainder of 2015, the proximity to and capacity of transportation facilities, and uncertainties regarding environmental regulations or litigation and other legal or regulatory developments affecting the Company’s business and other important factors that could cause actual results to differ materially from those projected as described in the Company’s reports filed with the SEC.

Any forward-looking statement speaks only as of the date on which such statement is made and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

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Jones Energy, Inc.

Consolidated Statements of Operations (Unaudited)

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Jones Energy, Inc.

Consolidated Balance Sheets (Unaudited)

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Jones Energy, Inc.

Consolidated Statements of Cash Flows (Unaudited)

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Jones Energy, Inc.

Selected Financial and Operating Statistics

The following table sets forth summary data regarding revenues, production volumes, average prices and average production costs associated with our sale of oil and natural gas for the periods indicated:

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Jones Energy, Inc.

Non-GAAP Financial Measures and Reconciliations

EBITDAX is a supplemental non-GAAP financial measure that is used by management and external users of our consolidated financial statements, such as industry analysts, investors, lenders and rating agencies.

We define EBITDAX as earnings before interest expense, income taxes, depreciation, depletion and amortization, exploration expense, gains and losses from derivatives less the current period settlements of matured derivative contracts and the other items described below, however, we may modify our definition of EBITDAX in the future.  EBITDAX is not a measure of net income as determined by United States generally accepted accounting principles, or GAAP.  Management believes EBITDAX is useful because it allows them to more effectively evaluate our operating performance and compare the results of our operations from period to period and against our peers without regard to financing methods or capital structure.  We exclude the items listed above from net income in arriving at EBITDAX because these amounts can vary substantially from company to company within our industry depending upon accounting methods and book values of assets, capital structures and the method by which the assets were acquired.  EBITDAX has limitations as an analytical tool and should not be considered as an alternative to, or more meaningful than, net income as determined in accordance with GAAP or as an indicator of our liquidity.  Certain items excluded from EBITDAX are significant components in understanding and assessing a company’s financial performance, such as a company’s cost of capital and tax structure, as well as the historical costs of depreciable assets.  Our presentation of EBITDAX should not be construed as an inference that our results will be unaffected by unusual or non-recurring items.  Our computations of EBITDAX may not be comparable to other similarly titled measures of other companies.

The following table sets forth a reconciliation of net income (loss) as determined in accordance with GAAP to EBITDAX for the periods indicated:

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Jones Energy, Inc.

Non-GAAP Financial Measures and Reconciliations

Adjusted Net Income is a supplemental non-GAAP financial measure that is used by management and external users of the Company’s consolidated financial statements.  We define Adjusted Net Income as net income excluding the impact of certain items, including gains or losses on commodity derivative instruments not yet settled, impairment of oil and gas properties, and non-cash compensation expense, and certain unusual or non-recurring items.  We believe adjusted net income is useful to investors because it provides readers with a more meaningful measure of our profitability before recording certain items for which the timing or amount cannot be reasonably determined.  However, this measure is provided in addition to, not as an alternative for, and should be read in conjunction with, the information contained in our financial statements prepared in accordance with GAAP.  Our computations of adjusted net income may not be comparable to other similarly titled measures of other companies.  The following tables provide a reconciliation of net income (loss) as determined in accordance with GAAP to adjusted net income for the periods indicated:

(1) In arriving at adjusted net income, the tax impact of the adjustments to net income is determined by applying the appropriate tax rate to each adjustment and then allocating the tax impact between the controlling and non-controlling interests.

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