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Filing Details

Accession Number:: 0001209191-14-039135
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-06-04 19:00:25
Reporting Period:: 2014-06-03

Filing Date:: 2014-06-04
Accepted Time:: 2014-06-04 19:00:25
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1283843	Emerald Oil Inc.	EOX	Crude Petroleum & Natural Gas (1311)	770639000

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
935356	J Thomas Edelman	667 Madison Avenue, 4Th Floor New York NY 10065	Yes	No	Yes	No
1201989	A Ben Guill	700 Louisiana Street, Suite 4770 Houston TX 77002	No	No	Yes	No
1467859	L.p. Energy Deer White	700 Louisiana Street, Suite 4770 Houston TX 77002	No	No	Yes	No
1477741	L.p. Te Energy Deer White	700 Louisiana Street, Suite 4770 Houston TX 77002	No	No	Yes	No
1492479	White Deer Energy Fi, L.p.	700 Louisiana Street, Suite 4770 Houston TX 77002	No	No	Yes	No
1500937	Ltd. Energy Guill & Edelman	700 Louisiana Street Suite 4770 Houston TX 77002	No	No	Yes	No
1500938	L.p. Energy Guill & Edelman	700 Louisiana Street, Suite 4770 Houston TX 77002	No	No	Yes	No
1570857	Wde Emerald Holdings Llc	700 Louisiana Street, Suite 4770 Houston TX 77002	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2014-06-03	50,261	$6.25	13,099,255	No	4	P	Indirect	WDE Emerald Holdings LLC
Common Stock	Acquisiton	2014-06-03	1,738	$6.25	495,829	No	4	P	Indirect	White Deer Energy FI L.P.
Common Stock	Acquisiton	2014-06-03	46,397	$6.25	13,145,652	No	4	P	Indirect	WDE Emerald Holdings LLC
Common Stock	Acquisiton	2014-06-03	1,604	$6.25	497,433	No	4	P	Indirect	White Deer Energy FI L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	WDE Emerald Holdings LLC
No	4	P	Indirect	White Deer Energy FI L.P.
No	4	P	Indirect	WDE Emerald Holdings LLC
No	4	P	Indirect	White Deer Energy FI L.P.

Footnotes

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.245 to $6.5, inclusive. The reporting person undertakes to provide to Emerald Oil, Inc., any security holder of Emerald Oil, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1), and footnote (6) to this Form 4.
The amount of securities beneficially owned following the reported transactions includes one warrant entitling WDE Emerald Holdings LLC ("WDE Holdings") to purchase up to 4,943,729 shares of the Issuer's common stock.
Pursuant to a Securities Purchase Agreement dated May 13, 2013 between the WDE Holdings, White Deer Energy FI L.P. ("White Deer FI", and together with WDE Holdings, the "Investors") and the Issuer, the Investors acquired 2,785,600 shares of the Issuer's common stock. The Investors are members of a "group" for purposes of Section 13(d) of the Exchange Act. Such group includes Edelman & Guill Energy L.P., Edelman & Guill Energy Ltd., White Deer Energy L.P. ("White Deer"), White Deer Energy TE L.P. ("White Deer TE", and together with White Deer and White Deer FI, the "Funds"), Thomas J. Edelman and Ben A. Guill.
Mr. Edelman has been appointed as a director of the Issuer. White Deer and White Deer TE are the members of WDE Emerald Holdings, Edelman & Guill Energy L.P. is the general partner of the Funds, Edelman & Guill Energy Ltd. is the general partner of Edelman & Guill Energy L.P., and Messrs. Edelman and Guill are the directors of Edelman & Guill Energy Ltd. Accordingly, each of Edelman & Guill Energy Ltd, Edelman & Guill Energy L.P., and Messrs. Edelman and Guill may be deemed to control the investment decisions of the Funds and, therefore, the Investors. The reporting persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interests therein, and this report shall not be deemed an admission that the reporting persons are beneficial owners of the reported securities for purposes of Section 16 or for any other purpose.
The amount of securities beneficially owned following the reported transactions includes one warrant entitling White Deer FI to purchase up to 170,904 shares of the Issuer's common stock.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.25 to $6.285, inclusive.