The US Bankruptcy Court approved the joint pre-packaged plan of reorganization and disclosure statement of Sundance Energy Inc. on April 19, 2021. The debtor has filed plan and statement in the Court on March 9, 2021. As per the plan, administrative claims, professional fee claims, priority tax claims, other priority claims, other secured claims and secured tax claims will be paid full in cash. DIP facility claims of $50 million will be paid through pro rata share of new common equity interests DIP pool i.e. 38.03% of the new common equity interests. Prepetition RBL Claims of $146.95 million will be paid through pro rata share of exit RBL facility, pro rata share of exit second out term loan facility and pro rata share of cash paydown. Prepetition term loan claims of $253 million will be recovered in the range of 21%-42.7% and will be paid through pro rata share of new common equity interests term loan pool i.e. 61.97% of the new common equity interests. General unsecured claims will be paid full in cash, intercompany clams will be reinstated, old parent interests will be cancelled and old Sundance subsidiary interests will remain effective and outstanding on the effective date and will be owned and held by the same person or entity that held it before. The plan will be funded through cash in hand, sale of assets, exit RBL facility of $107.50 million, exit second out term loan facility of $30 million, exit third out term loan facility and issuance of new equity interests.