Bonanza Creek Energy, Inc. filed a pre-packaged plan of reorganization with related disclosure statement in the US Bankruptcy Court on January 4, 2017. Allowed Other Priority Claim in the amount of $41.90 million shall be entitled to receive payment in full in Cash. Allowed Other Secured Claim in the amount of $39.31 million shall be entitled to receive payment in full in Cash; Reinstatement of the legal, equitable and contractual rights of the holder of such Claim; a distribution of the proceeds of the sale or disposition of the Collateral securing such Claim, in each case, solely to the extent of the value of the holder’s secured interest in such Collateral; return of Collateral securing such Claim; or other treatment that will render the Claim Unimpaired. Allowed RBL Credit Facility Secured Claim in the amount of $191.95 million shall be entitled to receive, in full and final satisfaction of its Allowed RBL Credit Facility Secured Claim, either (i) the treatment such holder is legally entitled to under section 1129(b)(2)(A) of the Bankruptcy Code or (ii) at the election of the Debtors, with the consent of the Required Supporting Noteholders, either (a) payment in full in Cash of such Claim or (b) such holder’s Ratable Share of participation in the Exit RBL Facility. Allowed General Unsecured Claim in the amount of $868.84 million against Bonanza Creek, each holder thereof shall be entitled to receive its Ratable Share of 29.4% of the New Common Stock subject to dilution by the Management Incentive Plan, Warrants, and the Rights Offering Equity and 37.8% of the Subscription Rights. Allowed General Unsecured Claim in the amount of $1.03 billion against Bonanza Creek Operating, each holder thereof shall be entitled to receive its Ratable Share of 17.6% of the New Common Stock subject to dilution by the Management Incentive Plan, Warrants, and the Rights Offering Equity. Allowed General Unsecured Claim in the amount of $866.06 million against Debtors other than Bonanza Creek and Bonanza Creek Operating, each holder thereof shall be entitled to receive its Ratable Share of 48.5% of the New Common Stock subject to dilution by the Management Incentive Plan, Warrants, and the Rights Offering Equity and 62.2% of the Subscription Rights. Allowed Unsecured Trade Claim in the amount of $0.99 million shall be entitled to receive payment in full in Cash or other treatment that will render the Claim Unimpaired. The holders of Section 510(b) Claims shall neither receive any distributions nor retain any property on account thereof pursuant to the Plan. All Section 510(b) Claims shall be canceled and extinguished. The holders of Existing Equity Interests shall neither receive any distributions nor retain any property on account thereof pursuant to the Plan. All Existing Equity Interests shall be canceled and extinguished. The Interests in the Subsidiary Debtors shall be, in the discretion of the Reorganized Debtors Reinstated or canceled on the Effective Date or as soon thereafter as reasonably practicable. The plan will be funded through cash on hand, issuance of new common stock, Exit RBL Facility and Rights Offering.