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
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
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 * Owens Matthew R 2. Issuer Name and Ticker or Trading Symbol Extraction Oil & Gas, Inc. [ XOG ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
President & CEO
(Last)         (First)         (Middle)
370 17TH STREET, SUITE 5300
3. Date of Earliest Transaction (MM/DD/YYYY)
6/23/2020
(Street)
DENVER, CO 80202
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
6/26/2020 
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  6/23/2020    S    256783  D $0.3561 (1) 850871  D   
COMMON STOCK  6/23/2020    S    367551  D $0.3561 (1) 1102653  I  See Footnote (2)
COMMON STOCK  6/24/2020    S    256783  D $0.2917 (3) 594088  D   
COMMON STOCK  6/24/2020    S    367551  D $0.2917 (3) 735102  I  See Footnote (2)

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

Explanation of Responses:
(1)  The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.3245 to $0.4215, inclusive. The reporting person undertakes to provide to Extraction Oil & Gas, Inc., any security holder of Extraction Oil & Gas, 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 range set forth in this footnote.
(2)  These shares are owned by OFI Properties, LLC, of which Mr. Owens holds 100% of the managing interest. The Matthew R. Owens 2016 Grantor Retained Annuity Trust, of which Mr. Owens is Trustee, owns a 75% non-managing interest in OFI Properties, LLC.
(3)  The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.278 to $0.3125, inclusive. The reporting person undertakes to provide to Extraction Oil & Gas, Inc., any security holder of Extraction Oil & Gas, 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 range set forth in this footnote.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Owens Matthew R
370 17TH STREET
SUITE 5300
DENVER, CO 80202
X
President & CEO

Signatures
/s/ Eric J. Christ as Attorney-in-Fact 6/26/2020
**Signature of Reporting Person Date
Extraction Oil and Gas (PK) (USOTC:XOGAQ)
Historical Stock Chart
From Sep 2020 to Oct 2020 Click Here for more Extraction Oil and Gas (PK) Charts.
Extraction Oil and Gas (PK) (USOTC:XOGAQ)
Historical Stock Chart
From Oct 2019 to Oct 2020 Click Here for more Extraction Oil and Gas (PK) Charts.