The US Bankruptcy Court approved the disclosure statement and modified pre-packaged plan of reorganization of Jones Energy, Inc. on May 6, 2019. The disclosure statement is approved in all respects. The debtor has filed its technical modified plan in the Court on May 3, 2019. As per the amended plan, administrative claims, professional fee claims, priority tax claims and other tax claims will be paid in full in cash. Other secured claims and Hedge claims and RBL claims will be paid in full in cash. First lien notes claims of $529.83 million will be recovered 62.5%, i.e., $331.14 million, in the form of 96% of new equity issuance and new warrants. Unsecured notes claims of $582.13 million will be recovered 4.3%, i.e., $25.03 million, in the form of 4% of new issuance stock and new warrants. General unsecured claims against debtors other than JEI and JEI, LLC will be paid in full in cash. No distribution has been made towards general unsecured claims against JEI and/or JEI, LLC of $50.20 million. Intercompany claims and intercompany interest shall be reinstated. Existing preferred equity interests and existing common equity interests shall be cancelled. The plan shall be funded through cash in hand, exit facility of $20 million, issuance of new common equity and warrants.