Fieldwood Energy LLC, along with its affiliates, filed a first amended disclosure statement in the US Bankruptcy Court on March 16, 2021. As per the amended disclosure statement filed, post-petition hedge claims shall be paid in cash. Other secured claims are estimated to be between $4.2 million-$9.5 million, priority non-tax claims are estimated to between $0-$0.5 million. FLFO claims of $138.60 million shall receive its pro rata share of the FLFO distribution amount and all remaining FLFO claims shall be assumed by the NewCo entities as modified to the extent set forth in the first lien exit facility documents. FLTL secured claims are renamed as FLTL claims. FLTL claims of $1,142.69 million shall receive its pro rata share of 100% of the new equity interest and the subscription rights. SLTL claims are removed from the plan. Unsecured trade claims between $43.2 million-$51.9 million shall be recovered 14%, i.e. between $6.05 million-$7.27 million. If 14% of the aggregate amount of all unsecured trade claims is less than or equal to $8 million, then unsecured trade claims shall receive cash in an amount equal to 14% of the allowed amount of such holder’s allowed unsecured trade claim; or if 14% of the aggregate amount of unsecured trade claims is greater than $8 million, then its shall receive its pro rata share of $8 million. General unsecured claims between $1,481 million - $1,656 million shall be recovered between 0.2%-8.7% and shall receive pro rata share of the GUC warrants and residual distributable value. There are no changes in the treatment of any other claim class.