Ultra Petroleum Corp. filed first amended joint plan of reorganization and disclosure statement in the US Bankruptcy Court on January 17, 2017. As per the plan, Priority Tax Claims, expected to be upto $0.05 million, will be paid in full. There are no Other Priority Claim, Secured NonTax Claims and Intercompany Claims. OpCo Subsidiary General Unsecured Claims are expected to be de-minimis. OpCo Trade General Unsecured Claims in the range of $165 million to $190 million, Other OpCo General Unsecured Claims in the range of $165 million to $190 million and Other General Unsecured Claims in the range of $0.15 million to $0.30 million will be paid in full in cash. The treatment of the other claims classes remains unchanged.