The US Bankruptcy Court approved the amended plan of reorganization of Vanguard Natural Resources, LLC on July 9, 2019. Debtor has filed modified first amended plan on July 8, 2019. As per the approved plan, administrative Claims, and Professional Fee Claims will receive in full and final satisfaction of its claim amount of cash equal to the amount of such Allowed Claim. Priority Tax Claims shall receive cash in an amount equal to such allowed Claim on the later of the effective date. DIP Facility Claims of $130 million shall receive its pro rata share of participation in the Exit RBL/Term Loan a Facility and all commitments under the DIP Credit Agreement shall terminate. Other Secured Claims shall receive payment in full in cash. Allowed Revolving Credit Facility Claims and Allowed Secured Swap Claims of $725.20 million will get recover $685.17 million i.e. 94.48% shall receive a pro rata share of and interest in: new first lien last-out term loan lending facility of $285 million and Exit RBL/Term Loan A Facility,; $390.64 million of New Preferred Equity Class A Stock Pool; and 75% of the New Common Stock Pool, subject to dilution on account of the Management Incentive Plan. Term Loan Claims of $126 million will recover $36 million i.e. 28.57% shall receive a pro rata share of and interest in: 10% of the New Common Stock, subject to dilution on account of the Management Incentive Plan; and at the option of each holder, pro-rata share of $64.13 million of new preferred equity class A stock or new series of class B preferred stock, to be issued on effective date. Senior Notes Claims of $81.63 million i.e. $3.93 million i.e. 4.81% shall receive a pro rata share and interest in New Preferred Equity Class A Stock Pool and 15% of the New Common Stock, subject to dilution on account of the Management Incentive Plan and the Senior Notes Claim Cash of up to $0.06 million. General Unsecured Claims shall receive 2% of the allowed amount and a pro-rata share of net distributable portion of the GUC Distribution Trust Assets. GUC cash pool recovery shall be up to $0.60 million. GUC Distribution Trust Assets include $0.40 million in cash and 50% of the proceeds of GUC Distribution Trust Causes of Action. Treatment of all the other classes of claims remain same as per the previous plan. Intercompany Claims shall be, at the option of the Debtors, the Required Consenting Revolver Lenders, and the DIP Agent, either reinstated, canceled or released without any distribution. Intercompany Interests shall be, at the option of the Debtors, the Required Consenting Revolver Lenders, and the DIP Agent, either reinstated, canceled and released without any distribution, or otherwise addressed at such parties’ discretion. Existing Equity Interests and Section 510(b) Claims will be canceled, released, and extinguished, and will be of no further force or effect. The plan shall be funded through cash in hand, sale of assets, issuance of the New Preferred Stock, the New Common Stock, and the Exit Facilities.