8. COMMITMENTS AND CONTINGENCIES: The Plan provides for the treatment of claims against our bankruptcy estates, including claims for prepetition liabilities that have not otherwise been satisfied or addressed before we emerged from chapter 11. As noted in this Quarterly Report on Form 10-Q, the claims resolution process associated with our chapter 11 proceedings is on-going, and we expect it to continue for an indefinite period of time . Pending Claims  Ultra Resources Indebtedness Our chapter 11 filings constituted events of default under Ultra Resources prepetition debt agreements. During our bankruptcy proceedings, many holders of this indebtedness filed proofs of claim with the Bankruptcy Court, asserting claims for the outstanding balance of the indebtedness, unpaid prepetition interest dates, unpaid postpetition interest (including interest at the default rates under the debt agreements), make-whole amounts, and other fees and obligations allegedly arising under the debt agreements. As previ ously disclosed, in connection with our emergence from bankruptcy and in accordance with the Plan, all of our obligations with respect to the Ultra Resources prepetition indebtedness and the associated debt agreements were cancelled, except to the limited extent expressly set forth in the Plan, and the holders of claims related to the indebtedness received payment in full of allowed claims (including with respect to outstanding principal, unpaid prepetition interest, and certain other prepetition fees and o bligations arising under the debt agreements). Following our emergence from bankruptcy, we have continued to dispute the claims made by holders of the Ultra Resources indebtedness for certain make-whole amounts and postpetition interest at the default rat es provided for in the debt agreements. An oral argument related to this dispute was conducted in the Bankruptcy Court on May 16, 2017, and we and the claim holders have each filed various briefs and other pleadings before and after the May 16 hearing. In connect