Ownership Submission
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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Estate of Kenneth R. Peak
2. Date of Event Requiring Statement (Month/Day/Year)
05/08/2013
3. Issuer Name and Ticker or Trading Symbol
Contango ORE, Inc. [CTGO]
(Last)
(First)
(Middle)
C/O JOSEPH ROMANO, CONTANGO OIL & GAS CO, 3700 BUFFALO SPEEDWAY, SUITE 960
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)

HOUSTON, TX 77098
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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, par value $0.01 739,780
D (1)
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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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
Stock Option (Right to Buy)   (2) 04/19/2014 Common Stock 15,000 $ 14.025 D  
Stock Option (Right to Buy)   (3) 04/19/2014 Common Stock 25,000 $ 11 D  
Stock Option (Right to Buy)   (4) 04/19/2014 Common Stock 50,000 $ 11 D  
Warrant (Right to Buy) 09/22/2013 03/22/2018 Common Stock 83,333 $ 10 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Estate of Kenneth R. Peak
C/O JOSEPH ROMANO, CONTANGO OIL & GAS CO
3700 BUFFALO SPEEDWAY, SUITE 960
HOUSTON, TX 77098
    X    

Signatures

/s/ See Exhibit 99.1 05/20/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) Date of event reflects the date on which Joseph J. Romano and Donna Ungermannova Peak were appointed co-executors of the Estate of Kenneth R. Peak. Mr. Peak died on April 19, 2013. The filing of this statement shall not be deemed an admission that the Reporting Person is the beneficial owner of any securities not held directly for its account for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise.
(2) The option became exercisable as to 5,000 shares on September 15, 2011, as to an additional 5,000 shares on September 15, 2012 and as to the remaining 5,000 shares on October 12, 2012.
(3) The option became exercisable as to 8,333 shares on July 3, 2012, and became exercisable as to the remaining 16,667 shares on October 12, 2012.
(4) The option became exercisable as to 16,666 shares on December 7, 2012, 16,667 on December 7, 2013 and would have become exercisable with respect to the remaining 16,667 shares on December 7, 2014.

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