Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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- Peter Lynch
What is insider trading>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________________________________
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
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_________________________________________________
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Contango Oil & Gas Company
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(Name of Issuer)
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Common Stock, $0.04 Par Value
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(Title of Class of Securities)
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21075N204
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(CUSIP Number)
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December 31, 2021
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(Date of Event Which Requires Filing of this Statement)
_________________________________________________
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
◻ Rule 13d-1(b)
⌧ Rule 13d-1(c)
◻ Rule 13d-1(d)
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*
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The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
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The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of
1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP No. 21075N204
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|||||||
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1.
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NAMES OF REPORTING PERSONS
Karlin Energy, LLC
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||||||
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ◻ (b) ◻
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||||||
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3.
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SEC USE ONLY
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||||||
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4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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||||||
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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5.
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SOLE VOTING POWER
0
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|||||
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6.
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SHARED VOTING POWER
-0-
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||||||
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7.
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SOLE DISPOSITIVE POWER
0
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||||||
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8.
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SHARED DISPOSITIVE POWER
-0-
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||||||
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9.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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||||||
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10.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
◻
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||||||
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11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
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||||||
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12.
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
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CUSIP No. 21075N204
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|||||||
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1.
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NAMES OF REPORTING PERSONS
Karlin Asset Managem
ent, Inc.
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||||||
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ◻ (b) ◻
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||||||
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3.
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SEC USE ONLY
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||||||
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4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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||||||
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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5.
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SOLE VOTING POWER
-0-
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|||||
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6.
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SHARED VOTING POWER
-0-
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||||||
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7.
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SOLE DISPOSITIVE POWER
-0-
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||||||
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8.
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SHARED DISPOSITIVE POWER
-0-
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||||||
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9.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
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||||||
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10.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
◻
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||||||
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11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
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||||||
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12.
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
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CUSIP No. 21075N204
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|||||||
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1.
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NAMES OF REPORTING PERSONS
Karlin Holdings Limited Partnership
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ◻ (b) ◻
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||||||
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3.
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SEC USE ONLY
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||||||
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4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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5.
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SOLE VOTING POWER
-0-
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|||||
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6.
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SHARED VOTING POWER
-0-
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||||||
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7.
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SOLE DISPOSITIVE POWER
-0-
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||||||
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8.
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SHARED DISPOSITIVE POWER
-0-
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||||||
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9.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
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||||||
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10.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
◻
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||||||
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11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
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||||||
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12.
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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CUSIP No. 21075N204
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|||||||
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1.
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NAMES OF REPORTING PERSONS
Gary Karlin Michelson MD Living Trust dated 10/1/1993
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ◻ (b) ◻
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||||||
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3.
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SEC USE ONLY
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||||||
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4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
California
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||||||
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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5.
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SOLE VOTING POWER
-0-
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|||||
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6.
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SHARED VOTING POWER
-0-
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||||||
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7.
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SOLE DISPOSITIVE POWER
-0-
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||||||
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8.
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SHARED DISPOSITIVE POWER
-0-
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||||||
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9.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
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||||||
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10.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
◻
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||||||
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11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
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||||||
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12.
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
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||||||
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CUSIP No. 21075N204
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|||||||
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1.
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NAMES OF REPORTING PERSONS
Gary Karlin Michelson
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ◻ (b) ◻
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||||||
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3.
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SEC USE ONLY
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||||||
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4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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||||||
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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5.
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SOLE VOTING POWER
-0-
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|||||
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6.
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SHARED VOTING POWER
-0-
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||||||
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7.
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SOLE DISPOSITIVE POWER
-0-
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||||||
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8.
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SHARED DISPOSITIVE POWER
-0-
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||||||
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9.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
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||||||
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10.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
◻
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||||||
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11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
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||||||
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12.
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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||||||
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Item 1 (a).
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Name of Issuer:
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Contango Oil & Gas Company (the “Issuer”)
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Item 1 (b).
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Address of Issuer’s Principal Executive Offices:
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717 Texas Ave., Suite 2900
Houston, Texas 77002
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Item 2 (a).
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Name of Person Filing:
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This statement is being filed by the following persons with respect to the shares of Common Stock (as defined below) of the Issuer directly held by Karlin
Energy, LLC (“Karlin Energy”):
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(i)
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Karlin Energy, a Delaware limited liability company;
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(ii)
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Karlin Asset Management, Inc., a Delaware corporation (“Karlin Asset Management”), the Manager of each of Karlin Energy and Gracie and General Partner
of Karlin Holdings Limited Partnership (“Karlin Holdings”);
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(iii)
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Karlin Holdings, a Nevada limited partnership and Sole Member of each of Karlin Energy and Gracie;
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(iv)
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Gary Karlin Michelson MD Living Trust dated 10/1/1993, a California trust (the “Karlin Trust”), the sole owner of Karlin Asset Management; and
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(v)
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Gary Karlin Michelson, a United States citizen, the Trustee of the Karlin Trust and sole director of Karlin Asset Management.
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The above parties are sometimes individually referred to herein as a “Reporting Person” and collectively as the “Reporting Persons”.
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Item 2 (b).
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Address of Principal Business Office or, if None, Residence:
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The address for each of the Reporting Persons is:
11755 Wilshire Blvd., Suite 1400
Los Angeles, CA 90025
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Item 2 (c).
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Citizenship:
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Karlin Energy - Delaware
Karlin Asset Management - Delaware
Karlin Holdings - Nevada
Karlin Trust - California
Gary Karlin Michelson - United States
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Item 2 (d).
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Title of Class of Securities:
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Common Stock, $0.04 par value (“Common Stock”)
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Item 2 (e).
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CUSIP Number:
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| 21075N204 |
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Item 3.
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Not applicable.
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Item 4.
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Ownership.
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(a)
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Amount beneficially owned: 0 shares of Common Stock
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(b)
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Percent of class: 0.0%
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(c)
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Number of shares as to which such person has:
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(i)
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Sole power to vote or to direct the vote: -0-
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(ii)
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Shared power to vote or to direct the vote: -0-
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(iii)
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Sole power to dispose or to direct the disposition of: -0-
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(iv)
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Shared power to dispose or to direct the disposition of: -0-
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|||
Karlin Asset Management is the Manager of each of Karlin Energy and is the General Partner of Karlin Holdings. Karlin Holdings is the Sole Member of each of
Karlin Energy. Karlin Trust is the sole owner of Karlin Asset Management. Gary Karlin Michelson is the Trustee of Karlin Trust and the sole director of Karlin Asset Management.
<
br>
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Item 5.
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Ownership of Five Percent or Less of a Class.
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If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5
percent of the class of securities, check the following [X].
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Item 6.
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Ownership of More than Five Percent on Behalf of Another Person.
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The information in Item 4 is incorporated herein by reference.
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Item 7.
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Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or
Control Person.
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Not applicable.
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Item 8.
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Identification and Classification of Members of the Group.
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Not applicable.
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Item 9.
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Notice of Dissolution of Group.
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Not applicable.
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Item 10.
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Certification.
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By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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February 9, 2022
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Date
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KARLIN ENERGY, LLC
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By: KARLIN ASSET MANAGEMENT, INC., its Manager
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/s/ David A. Cohen
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Signature
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David A. Cohen/CEO
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Name/Title
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KARLIN ASSET MANAGEMENT, INC.
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/s/ David A. Cohen
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Signature
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David A. Cohen/CEO
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Name/Title
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KARLIN HOLDINGS LIMITED PARTNERSHIP
By: KARLIN ASSET MANAGEMENT, INC., its general partner
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/s/ David A. Cohen
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Signature
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David A. Cohen/CEO
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Name/Title
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GARY KARLIN MICHELSON MD LIVING TRUST DATED 10/1/1993
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/s/ Gary Karlin Michelson
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Signature
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Gary Karlin Michelson/Trustee
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Name/Title
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GARY KARLIN MICHELSON
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/s/ Gary Karlin Michelson
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Signature
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