FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Omidele Segun 		2. Issuer Name and Ticker or Trading Symbol

Erin Energy Corp. [ ERN ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Executive Officer
(Last)          (First)          (Middle)

1330 POST OAK BLVD., SUITE 2250 		3. Date of Earliest Transaction (MM/DD/YYYY)

8/17/2016
(Street)

HOUSTON, TX 77056
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Code V Amount (A) or (D) Price
Common Stock   8/17/2016     M    70581   (1) A $2.04   (2) 679329   D    
Common Stock   8/17/2016     F    54334   (3) D $2.6347   624995   D    
Common Stock   8/17/2016     D    16247   D $2.6347   608748   D    
Common Stock   8/19/2016     M    147057   A $2.04   755805   D    
Common Stock   8/19/2016     F    111109   D $2.70   644696   (4) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (Right to Buy)   $2.04   8/17/2016     M         70581    9/1/2012   9/1/2016   Common Stock   70581.0   $0   4264724   D    
Incentive Stock Option (Right to Buy)   $2.04   8/19/2016     M         147057    9/1/2012   9/1/2016   Common Stock   147057.0   $0   4117667   D    

Explanation of Responses:
( 1)  Issued upon exercise of incentive stock options granted to Reporting Person under the Issuer's 2009 Equity Incentive Plan.
( 2)  Corresponds to the exercise price of the stock option. Reporting person sold these shares at an average price of $2.6347.
( 3)  Represents the number of shares sold by the Reporting Person to cover payment of the exercise cost and tax withholding obligations arising from the exercise, in connection with the exercise of an incentive stock option granted to Reporting person on September 1, 2011 pursuant to the Issuer's 2009 Equity Incentive Plan. This sale is made to satisfy payment of the exercise cost and tax withholding obligations funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
( 4)  Reporting Person received 35,948 shares of the Issuer's Common Stock upon net share settlement of Reporting Person's exercise of options to purchase 147,057 shares of Issuer's Common Stock, with the remaining 111,109 shares being retained by the Issuer to pay the exercise cost arising from the exercise in connection with the net settlement of the incentive stock option and does not represent a sale by the Reporting Person.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Omidele Segun
1330 POST OAK BLVD., SUITE 2250
HOUSTON, TX 77056 		X
Chief Executive Officer

Signatures
/s/ Jean-Michel Malek, Attorney-In-Fact 8/19/2016
** 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).
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 control number.
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