0001580695-17-000466.txt : 20171013
0001580695-17-000466.hdr.sgml : 20171013
20171013214436
ACCESSION NUMBER: 0001580695-17-000466
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160519
FILED AS OF DATE: 20171013
DATE AS OF CHANGE: 20171013
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lawal Kase Lukman
CENTRAL INDEX KEY: 0001489494
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34525
FILM NUMBER: 171137467
MAIL ADDRESS:
STREET 1: 1330 POST OAK BLVD.
STREET 2: SUITE 2200
CITY: HOUSTON
STATE: TX
ZIP: 77056
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Erin Energy Corp.
CENTRAL INDEX KEY: 0001402281
STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381]
IRS NUMBER: 300349798
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1330 POST OAK BLVD
STREET 2: SUITE 2250
CITY: HOUSTON
STATE: TX
ZIP: 77056
BUSINESS PHONE: 713-797-2940
MAIL ADDRESS:
STREET 1: 1330 POST OAK BLVD
STREET 2: SUITE 2250
CITY: HOUSTON
STATE: TX
ZIP: 77056
FORMER COMPANY:
FORMER CONFORMED NAME: CAMAC Energy Inc.
DATE OF NAME CHANGE: 20100414
FORMER COMPANY:
FORMER CONFORMED NAME: Pacific Asia Petroleum Inc
DATE OF NAME CHANGE: 20070607
4
1
kase-form4a_051917.xml
OWNERSHIP DOCUMENT
X0306
4
2016-05-19
0
0001402281
Erin Energy Corp.
ERN
0001489494
Lawal Kase Lukman
1330 POST OAK BLVD., SUITE 2200
HOUSTON
TX
77056
0
0
1
0
Common Stock
2017-04-03
4
J
0
116108833
D
0
I
By Allied Energy PLC
Common Stock
2017-04-13
4
J
0
1515927
D
0
I
By CAMAC Int'l (Nigeria) Ltd.
Common Stock
2017-07-05
4
J
0
117624760
A
117624760
I
Through Voting Agreement
Common Stock
2016-05-19
4
P
0
2700
2.05
A
2605619
D
Common Stock
2016-05-23
4
P
0
620
1.85
A
2606239
D
Common Stock
2016-05-24
4
P
0
900
2.00
A
2607139
D
Common Stock
2016-05-25
4
P
0
200
2.05
A
2607339
D
Common Stock
2016-05-26
4
P
0
2000
2.45
A
2609339
D
Common Stock
2016-05-27
4
P
0
1600
2.44
A
2610939
D
Common Stock
2016-06-01
4
P
0
3314
2.44
A
2614253
D
Common Stock
2016-06-02
4
P
0
700
2.30
A
2614953
D
Common Stock
2016-06-03
4
P
0
600
2.39
A
2615553
D
Common Stock
2016-06-08
4
P
0
1500
2.73
A
2617053
D
Common Stock
2016-06-13
4
P
0
1500
2.60
A
2618553
D
Common Stock
2016-06-14
4
P
0
5700
2.59
A
2624253
D
Common Stock
2016-06-15
4
P
0
700
2.51
A
2624953
D
Common Stock
2016-06-16
4
P
0
2130
2.34
A
2627083
D
Common Stock
2016-06-23
4
P
0
1200
2.30
A
2628283
D
Common Stock
2016-06-24
4
P
0
1000
2.16
A
2629283
D
Common Stock
2016-06-27
4
P
0
1600
2.12
A
2630883
D
Common Stock
2016-06-30
4
P
0
4400
2.34
A
2635283
D
Common Stock
2016-07-01
4
P
0
3500
2.34
A
2638783
D
Common Stock
2016-07-05
4
P
0
2000
2.20
A
2640783
D
Common Stock
2016-07-12
4
P
0
1906
2.52
A
2642689
D
Common Stock
2016-07-18
4
P
0
3600
2.72
A
2646289
D
Common Stock
2016-07-21
4
P
0
3500
2.65
A
2649789
D
Common Stock
2016-07-22
4
P
0
1700
2.59
A
2651489
D
Common Stock
2016-07-25
4
P
0
3400
2.55
A
2654889
D
Common Stock
2016-07-26
4
P
0
900
2.50
A
2655789
D
Common Stock
2016-07-27
4
P
0
3400
2.50
A
2659189
D
On April 3, 2017, an aggregate of 116,108,833 shares of the Registrant's common stock previously held by Allied Energy PLC ("Allied"), which shares Dr. Lawal was deemed to beneficially own, were foreclosed upon by Oltasho Nigeria Limited ("Oltasho"), in connection with the failure of Allied to timely repay $50 million owed to Oltasho, pursuant to the terms of a loan agreement and certain stock pledges.
April 13, 2017, an aggregate of 1,515,927 shares of the Registrant's common stock previously held by CAMAC Int'l (Nigeria) Ltd. ("CAMAC International"), which shares Dr. Lawal was deemed to beneficially own, were foreclosed upon by Latmol Investment Limited ("Latmol"), in connection with the failure of CAMAC International to timely repay $50 million owed by CAMAC International to Latmol, pursuant to the terms of a loan agreement and a stock pledge.
On July 5, 2017, Oltasho and Latmol entered into a Voting Agreement with Dr. Lawal (the "Voting Agreement"). Pursuant to the Voting Agreement, Oltasho and Latmol provided complete authority to Dr. Lawal to vote the 117,624,760 shares foreclosed upon (and any other securities of the Registrant obtained by Oltasho and/or Latmol in the future) at any and all meetings of stockholders of the Registrant and via any written consents. The Voting Agreement has a term of approximately 10 years, through July 31, 2027, but can be terminated at any time with the mutual consent of the parties. In connection with their entry into the Voting Agreement, Oltasho and Latmol each provided Dr. Lawal an irrevocable voting proxy to vote the shares covered by the Voting Agreement. Additionally, Oltasho and Latmol agreed not to transfer the shares covered by the Voting Agreement, during the term of such agreement, except pursuant to certain limited exceptions described in the Voting Agreement.
The price reflects a weighted average of purchases made at prices ranging from $2.00 to $2.14. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $1.85 to $1.86. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $1.98 to $2.03. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.05 to $2.05. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.40 to $2.50. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.43 to $2.47. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.44 to $2.45. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.29 to $2.31. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.38 to $2.40. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.72 to $2.73. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.59 to $2.63. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.58 to $2.60. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.51 to $2.51. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.34 to $2.35. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.29 to $2.30. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.16 to $2.16. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.11 to $2.15. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.26 to $2.41. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.29 to $2.37. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.18 to $2.22. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.51 to $2.55. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.71 to $2.74. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.53 to $2.72. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.58 to $2.60. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.54 to $2.57. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.48 to $2.52. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
The price reflects a weighted average of purchases made at prices ranging from $2.44 to $2.53. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, information regarding the number of shares purchased at each separate price.
/s/ Kase Lukman Lawal
2017-10-13