FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person *

KARLIN ASSET MANAGEMENT, INC.

2. Date of Event Requiring Statement (Month/Day/Year)

09/17/2019

3. Issuer Name and Ticker or Trading Symbol

CONTANGO OIL & GAS CO [MCF]
(Last)
(First)
(Middle)


11755 WILSHIRE BLVD., SUITE 1400, 

4. Relationship of Reporting Person(s) to Issuer

(Check all applicable)

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

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

(Street)

LOS ANGELES, CA 90025
(City)
(State)
(Zip)

6. Individual or Joint/Group Filing

(Check applicable line)

_____ Form Filed by One Reporting Person
__X__ Form Filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)

2. Amount of Securities Beneficially Owned (Instr. 4)

3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)

4. Nature of Indirect Beneficial Ownership (Instr. 5)

Common Stock

1,387,500
I

See Footnotes (1) (3)

Common Stock

8,421,052
I

See Footnotes (2) (3)



Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)

2. Date Exercisable and Expiration Date (Month/Day/Year)

3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)

4. Conversion or Exercise Price of Derivative Security

5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)

6. Nature of Indirect Beneficial Ownership (Instr. 5)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares





Reporting Owners
Reporting Owner Name / AddressRelationships
Director10% OwnerOfficerOther

KARLIN ASSET MANAGEMENT, INC.
11755 WILSHIRE BLVD., SUITE 1400
LOS ANGELES, CA 90025

  X  

Karlin Energy, LLC
11755 WILSHIRE BLVD., SUITE 1400
LOS ANGELES
 90025

  X  

Karlin Holdings Limited Partnership
11755 WILSHIRE BLVD., SUITE 1400
LOS ANGELES, CA 90025

  X  

Gracie Investing, LLC
11755 WILSHIRE BLVD., SUITE 1400
LOS ANGELES, CA 90025

  X  

Gary Karlin Michelson MD Living Trust dated 10/1/1993
11755 WILSHIRE BLVD., SUITE 1400
LOS ANGELES, CA 90025

  X  

Michelson Gary Karlin
11755 WILSHIRE BLVD., SUITE 1400
LOS ANGELES, CA 90025

  X  

Explanation of Responses:

Securities held directly by Karlin Energy, LLC ("Karlin Energy").

Securities held directly by Gracie Investing, LLC ("Gracie", and together with Karlin Energy, the "Funds").

The Funds are managed by Karlin Asset Management, Inc. ("Karlin Asset Management"), which is the general partner of Karlin Holdings Limited Partnership (which is the sole member of the Funds) and owned by Gary Karlin Michelson MD Living Trust dated 10/1/1993, whose trustee is Gary Karlin Michelson, who is Director of Karlin Asset Management. Each reporting person other than Karlin Energy and Gracie disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, if any, and the filing of this report shall not be construed as an admission that any reporting person other than Karlin Energy or Gracie is the beneficial owner of such securities for purposes of Section 16 or any other purpose.



Signatures

KARLIN ASSET MANAGEMENT, INC., Name: /s/ David A. Cohen, Title: CEO

09/26/2019

KARLIN HOLDINGS LIMITED PARTNERSHIP, By: Karlin Asset Management, Inc., its General Partner, Name: /s/ David A. Cohen, Title: CEO

09/26/2019

KARLIN ENERGY, LLC, By: Karlin Asset Management, Inc., its Manager, Name: /s/ David A. Cohen, Title: CEO

09/26/2019

GRACIE INVESTING, LLC, By: Karlin Asset Management, Inc., its Manager, Name: /s/ David A. Cohen, Title: CEO

09/26/2019

GARY KARLIN MICHELSON MD LIVING TRUST DATED 10/1/1993, Name: /s/ Gary Karlin Michelson, Title: Trustee

09/26/2019

GARY KARLIN MICHELSON, Name: /s/ Gary Karlin Michelson

09/26/2019
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

                                                                    Exhibit 99.1

                         Form 3 Joint Filer Information

Name:                                   Karlin Holdings Limited Partnership

Address:                                11755 Wilshire Blvd., Suite 1400
                                        Los Angeles, CA 90025

Date of Event Requiring Statement:      09/17/19


Name:                                   Karlin Energy, LLC

Address:                                11755 Wilshire Blvd., Suite 1400
                                        Los Angeles, CA 90025

Date of Event Requiring Statement:      09/17/19


Name:                                   Gracie Investing, LLC

Address:                                11755 Wilshire Blvd., Suite 1400
                                        Los Angeles, CA 90025

Date of Event Requiring Statement:      09/17/19


Name:                                   Gary Karlin Michelson MD Living Trust
                                        dated 10/1/1993

Address:                                11755 Wilshire Blvd., Suite 1400
                                        Los Angeles, CA 90025

Date of Event Requiring Statement:      09/17/19


Name:                                   Gary Karlin Michelson

Address:                                11755 Wilshire Blvd., Suite 1400
                                        Los Angeles, CA 90025

Date of Event Requiring Statement:      09/17/19