AgEagle Aerial Systems Inc. — Director's Dealing 2011

Jan 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EnerJex Resources, Inc. (ENRJ)
CIK: 0000008504
Period of Report: 2010-12-31

Reporting Person: WEST COAST OPPORTUNITY FUND LLC (10% Owner)
Reporting Person: WEST COAST ASSET MANAGEMENT INC (10% Owner)
Reporting Person: Lowe R Atticus (10% Owner)
Reporting Person: Helfert Lance W (10% Owner)
Reporting Person: Orfalea Paul J (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-31	Common Stock	P	3122510	$.80	Acquired	4384564	Direct
2010-12-31	Common Stock	P	4190039	$.40	Acquired	8574603	Direct
2010-12-31	Common Stock	P	3237500	$.40	Acquired	11812103	Direct

Footnotes

F1: Reporting Person assigned all rights in and to its Senior Secured Debenture to Issuer in exchange for shares of common stock at a deemed conversion price of $0.80 per share, pursuant to that certain Securities Purchase and Asset Acquisition Agreement dated December 31, 2010.

F2: Reporting Person assigned all rights in and to 617,317 shares of Oakridge Energy, Inc. [OAKR.OB] to Issuer in exchange for shares of common stock at a deemed purchase price of $0.40 per share pursuant to that certain Securities Purchase and Asset Acquisition Agreement dated December 31, 2010.

F3: Reporting Person assigned all rights in and to 700,000 shares of common stock of Spindletop Oil & Gas, Inc. to Issuer in exchange for shares of common stock at a deemed purchase price of $0.40 per share pursuant to that certain Securities Purchase and Asset Acquisition Agreement dated December 31, 2010.