The US Bankruptcy Court approved the modified fifth amended plan of reorganization of RMR Operating, LLC on November 5, 2018. The debtor has filed its amended plan in the Court on October 24, 2018. As per the approved plan, Administrative Claims and Priority Tax Claims will be paid in full. No other distributions will be made on account of Intercompany Claims. Allowed secured claims of ad valorem taxing authorities are paid in full in two equal payments without penalty accruing after the petition date. These payments are to be completed within 6 months of the effective date. Any allowed claims of interest burden payees shall receive a cash payment equal to such claim, with interest as provided under applicable non-bankruptcy law. Any Allowed Secured Claims not Otherwise Classified against all the debtors shall receive, at the applicable Reorganized Debtor’s option, either Cash or payment pursuant to the existing agreement, or payment according to a new agreement or surrender of collateral securing the claim. Any allowed priority non-tax claim against Red Mountain shall receive a cash payment equal to such claim. Any allowed priority non-tax claim against RMR and Cross Border shall receive at the option of the holder of the Allowed Claim either a Cash payment equal to such Allowed Claim; or a Pro Rata Share of 5% of the Equity Interest in Cross Border calculated based upon the total Allowed amount of each holder of an Allowed Claim. Any holder of an Allowed Claim making the Stock Election shall receive no distribution on such holder’s Allowed General Unsecured Claims against RMR and Cross Border. Any Allowed Claims of Black Shale shall retain all rights under its agreements with the Debtors. Any Allowed General Unsecured Claims against Red Mountain of $0.60 million will be recovered 16%, i.e., $0.10 million. Any Allowed General Unsecured Claims against Cross Border of $0.41 million and any allowed general unsecured claims against Black Rock of $0.02 million will be paid in full in cash. There is no distribution made towards any allowed general unsecured claims against RMR. The Plan provides that on existing Equity Interests in Red Mountain will be extinguished. Accordingly, holders of Red Mountain Equity Interests will not retain their Equity Interests in Red Mountain. Red Mountain will be dissolved under applicable non-bankruptcy law. The Plan provides that Equity Interests in RMR and Black Rock held by Red Mountain will be transferred to Cross Border. 5% of the Equity Interests in Cross Border held by Red Mountain will be transferred to holders of Allowed Class 4RR Claims and Allowed Class 4CB Claims making the Stock Election; the remaining 78% of the Equity Interests in Cross Border held by Red Mountain will be transferred to the Plan Funder; and any other Holders of Equity Interests in Class 7CB will retain their Equity Interests in Cross Border. Any Allowed Claims of Mineral Owners against RMR, Cross Border or Black Rock shall retain all rights under their agreements with the Debtors. The Plan Funder will contribute $0.10 million to the Plan. Red Mountain, RMR, Cross Border and Black Rock will, each will retain sufficient assets to make the payments called for by the Plan.