Level curves are when the Z value (or function) is constant.
If we set the function equal to a constant we get:
C = e^( -(5x^2 + 6y^2) )
lnC = - (5x^2 + 6y^2)
-lnC = 5x^2 + 6y^2
Varying the value of C means that the level curves will be concentric ellipses since the above is almost the standard form of an ellipse.