The US Bankruptcy Court approved the joint pre-packaged plan of reorganization and disclosure statement of Lonestar Resources US Inc. on November 12, 2020. The debtor has filed its joint pre-packaged plan in the Court on September 30, 2020. As per the plan, administrative claims, professional fee claims, priority tax claims, and other priority claims will be paid full in cash before the effective date. Other secured claims and secured tax claims shall receive in full satisfaction, and settlement before the effective date. Prepetition RBL Claims of $285 million will receive in full satisfaction, and settlement on pro rata share basis in the form of prepetition RBL cash distribution, exit revolving loans, new warrants; and exit second out term loans. Prepetition Notes Claims will receive, in full satisfaction on pro rata of 96% of the New Equity Interests Pool. General Unsecured Claims shall receive full payment on pro rata basis. Intercompany Claims will be paid in full and reinstated. Old Parent Preferred Interests, and Old Parent Common Interests will be cancelled under the plan. Old Lonestar Subsidiary Interests will remain effective and outstanding on the Effective Date and will be owned and held by the same applicable Person or Entity that held and/or owned such Old Lonestar Subsidiary Interests immediately prior to the Effective Date. The plan shall be funded through cash in hand, Exit loan facility which consist the Exit Revolving Credit Facility, the Exit Second Out Term Loan Facility, and if necessary, the Exit Last Out Term Loan Facility and New Warrants.