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