Jones Energy has officially ended its run.

The independent oil and gas producer founded by former CEO Jonny Jones, who had a long history in the Anadarko and Arkoma basins of Texas and Oklahoma, said in a Jan. 7 news release that it had completed its previously announced merger with private equity backed Revolution Resources.

Jones Energy had agreed to the $201.5 million cash buyout in early December, about six months after the Austin, Texas-based company exited bankruptcy.

Revolution Resources is backed by Houston-based Mountain Capital Partners LP, which has about $1 billion of assets under management. The company has previously taken advantage of distressed Midcontinent companies to make acquisitions.

In January 2018, Revolution agreed to buy Gastar Exploration Inc.’s West Edmund Hunton Lime Unit (WEHLU) for $107.5 million.

In the Midcontinent and other areas, Jones Energy held about 185,000 net acres as of year-end 2018, including 10,708 undeveloped acres. About 94% of its leasehold was HBP. Additionally, the company’s inventory included 597 net wells and 2,017 net locations.

Following closing on Jan. 7, the company, which emerged from bankruptcy as Jones Energy II Inc., became a wholly owned subsidiary of Revolution.

Evercore and TD Securities (USA) LLC were financial advisers to Jones Energy, and Baker Botts LLP served as its legal counsel. Kirkland & Ellis LLP was Revolution Resources’ legal counsel.