8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 19, 2017

JAGGED PEAK ENERGY INC.

(Exact name of registrant as specified in its charter)

______________________________

Delaware (State or other jurisdiction of incorporation or organization) 001-37995 (Commission File Number) 81-3943703 (I.R.S. Employer Identification Number)

1125 17th Street, Suite 2400Denver, Colorado 80202

(720) 215-3700

(Registrant’s telephone number, including area code)

______________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ý

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ý

Item 2.02 Results of Operations and Financial Condition.

The following information is furnished pursuant to Item 2.02.

On September 19, 2017, Jagged Peak Energy Inc. issued a news release titled “Jagged Peak Energy Inc. Provides Updated Third Quarter Production Guidance.” A copy of the news release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information in this Current Report on Form 8-K, including the exhibit hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.	Description
99.1	Press Release dated September 19, 2017.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: September 19, 2017

Jagged Peak Energy Inc.

By:     /s/Christopher I. Humber    

Christopher I. Humber

Executive Vice President, General Counsel & Secretary

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release dated September 19, 2017.

EX-99.1

Exhibit 99.1

News Release

JAGGED PEAK ENERGY INC. PROVIDES UPDATED

THIRD QUARTER PRODUCTION GUIDANCE

Denver, Colorado (September 19, 2017) – Jagged Peak Energy Inc. (NYSE: JAG) (“Jagged Peak” or the “Company”) announced a revised production guidance range of 19,150 to 19,350 barrels of oil equivalent per day (“Boe/d”) for the third quarter of 2017 with the fourth quarter 2017 production guidance range remaining at 26,000 to 28,000 Boe/d. This guidance range for the third quarter is down from 20,000 to 20,800 Boe/d previously announced primarily due to the following three issues:

• Due to pipeline curtailment notices related to Hurricane Harvey, the Company shut-in certain wells, including 4 wells that remained off-line to opportunistically install electric submersible pumps (“ESP”) ahead of the original schedule. All wells temporarily curtailed due to Hurricane Harvey are now back on production.  

• Two non-operated wells were originally scheduled to begin producing in July 2017, but did not begin production until September 2017. The Company owns a 50% working interest in these 2 wells.

• Due to scheduling conflicts related to a shared completion fleet, the completion of 2 wells was delayed by approximately 3 weeks each. As of September 12, both wells have been completed and are on production. The Company is currently deploying three completion fleets and will continue to operate three fleets through the end of the year and beyond.

As a result of these changes to the production guidance range for the third quarter of 2017, the Company has updated its full year 2017 estimated production range to 17,500 to 18,000 Boe/d.

Joseph N. Jaggers, Chairman of the Board of Directors, President and Chief Executive Officer of the Company commented, “During the quarter, industry infrastructure impacts from Hurricane Harvey caused a portion of our wells to be shut-in for a short period of time. We took this opportunity to install ESPs on certain of the shut-in wells which are now back on production. In addition, we experienced timing delays related to both 2 non-operated wells and 2 operated wells which delayed the early period, high production phase by several weeks. These wells are now on-line and producing in line with our expectations. For the full year, we continue to expect to spud 54 to 58 operated and to complete 50 to 55 operated wells with timing dictated by optimal development of our assets including multiple well pads and multiple zone completions. Adjusting full year production guidance for actual results for the first half of the year and the updated third quarter guidance resulted

in a tightened full year production guidance range of 17,500 to 18,000 Boe/d, which, at the low end, is 212% above 2016 production.”

About Jagged Peak Energy Inc.

Jagged Peak Energy Inc. is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and associated liquids-rich natural gas reserves in the Southern Delaware Basin, a sub-basin of the Permian Basin of West Texas.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements contained in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which include statements regarding the Company’s anticipated production in 2017, timing of completion fleet operations and performance expectations. These forward-looking statements represent Jagged Peak’s expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of Jagged Peak’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements.

Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Jagged Peak does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for Jagged Peak to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in Jagged Peak's 2016 Annual Report on Form 10-K and the Form 10-Q for the quarter ended June 30, 2017, as such risk factors may be updated from time to time in the Company's other periodic reports filed with the Securities and Exchange Commission.

Contacts

Robert W. Howard

Executive Vice President, Chief Financial Officer

720-215-3660

bhoward@jaggedpeakenergy.com

Ian T. Piper

Vice President, Finance and Corporate Planning

720-215-3661

ipiper@jaggedpeakenergy.com