AgEagle Aerial Systems Inc. — Director's Dealing 2014

May 2, 2014

SEC Form 4/A — Form 4/A

Issuer: EnerJex Resources, Inc. (ENRJ)
CIK: 0000008504
Period of Report: 2013-09-27

Reporting Person: Helfert Lance W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-10-22	Common Stock	J	9013359	$0.00	Disposed	5800562	Indirect
2013-10-23	Common Stock	J	1624250	$0.00	Disposed	4176312	Indirect
2013-09-27	Common Stock	A	41005402	$0.00	Acquired	52817871	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	53577	Indirect
Common Stock	32146	Indirect
Common Stock	32146	Indirect
Common Stock	42065	Indirect
Common Stock	42065	Indirect
Series A Preferred Stock	2417660	Indirect

Footnotes

F1: Montecito Venture Partners, LLC made a pro rata distribution of Issuer's common stock to its members. The distribution effects only a change in the form of beneficial ownership and is therefore exempt from Section 16 of the Securities and Exchange Act of 1934.

F2: The 41,005,402 shares of Issuer common stock represnts the number of shares that West Coast Opportunity Fund, LLC ("WCOF") received in exchange for 123,539,227 shares of common stock in Black Raven Energy, Inc. ("BRE"), in connection with the Agreement and Plan of Merger dated July 23, 2013, by and among Issuer, WCOF, BRE and BRE Merger Sub., Inc., which became effective September 27, 2013. In the Merger Agreement, Issuer common stock was attributed a value of $0.70 per share.

F3: The calculation of shares is based upon the final exchange ratio of 0.33192 shares of Issuer common stock for each share of BRE common stock.

F4: 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, LLC are managed by West Coast Asset Management, Inc. Reporting Person serves on the investment committee of West Coast Asset Management, Inc.

F5: Shares held by Montecito Venture Partners, LLC, which Reporting Person is a member of the board of managers