SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Helfert Lance W

(Last)

(First)

(Middle)

1205 COAST VILLAGE ROAD

(Street)

MONTECITO

93108

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
EnerJex Resources, Inc. [ ENRJ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2012

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/15/2012	08/15/2012	J⁽¹⁾		53,577	A	$0.00	53,577	D⁽⁸⁾
Common Stock	08/15/2012	08/15/2012	J⁽²⁾		32,146	A	$0.00	32,146	I	Shares held in child's IRA
Common Stock	08/15/2012	08/15/2012	J⁽³⁾		32,146	A	$0.7	32,146	I	Shares held in child's IRA
Common Stock	08/15/2012	08/15/2012	J⁽⁴⁾		42,065	A	$0.00	42,065	I	Shares held by child
Common Stock	08/15/2012	08/15/2012	J⁽⁵⁾		42,065	A	$0.00	42,065	I	Shares held by child
Common Stock								11,812,469	I	Shares held by West Coast Opportunit Fund, LLC⁽⁶⁾
Common Stock								14,934,859	I	Shares held by Montecito Venture Partners, LLC⁽⁷⁾
Series A Preferred Stock								2,417,660	I	Shares held by Montecito Venture Partners, LLC⁽⁷⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Pro rata liquidating distribution of Issuer's common stock from Montecito Venture Partners, LLC, of which Mr. Helfert is a member. The distribution effects only a change in the form of beneficial ownership and is therefore exempt from Section 16 pursuant to Rule 16a-13, and is being reported here for informational purposes only.

2. Pro rata liquidating distribution of Issuer's common stock from Montecito Venture Partners, LLC to Maxwell Helfert Roth IRA, which Mr. Helfert is trustee. The distribution effects only a change in the form of beneficial ownership and is therefore exempt from Section 16 pursuant to Rule 16a-13, and is being reported here for informational purposes only.

3. Pro rata liquidating distribution of Issuer's common stock from Montecito Venture Partners, LLC to Maverick Helfert Roth IRA, which Mr. Helfert is trustee. The distribution effects only a change in the form of beneficial ownership and is therefore exempt from Section 16 pursuant to Rule 16a-13, and is being reported here for informational purposes only.

4. Pro rata liquidating distribution of Issuer's common stock from Montecito Venture Partners, LLC to Maxwell Helfert, Mr. Helfert's child. The distribution effects only a change in the form of beneficial ownership and is therefore exempt from Section 16 pursuant to Rule 16a-13, and is being reported here for informational purposes only.

5. Pro rata liquidating distribution of Issuer's common stock from Montecito Venture Partners, LLC to Maverick Helfert, Mr. Helfert's child. The distribution effects only a change in the form of beneficial ownership and is therefore exempt from Section 16 pursuant to Rule 16a-13, and is being reported here for informational purposes only.

6. Shares are held by West Coast Opportunity Fund, LLC for the benefit of its members. The members are the beneficial owners of the shares reported herein. Some of the members are affiliated with the Reporting Person. The investments held by West Coast Opportunity Fund are managed by West Coast Asset Management, Inc. (the "Investment Manager"). Reporting Person serves on the investment committee of the Investment Manager. Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other person.

7. Shares are held by Montecito Venture Partners, LLC, which Reporting Person serves on the Board of Managers. Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other person.

8. Shares held in IRA

	/s/ Lance Helfert By: Diana Pereira By: Power of Attorney	08/17/2012
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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