The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALCOA INC COM 013817101 6,060 614,000 SH   SOLE   614,000 0 0
ANADARKO PETE CORP COM 032511107 13,359 275,000 SH   SOLE   275,000 0 0
BAKER HUGHES INC COM 057224107 7,384 160,000 SH   SOLE   160,000 0 0
CF INDS HLDGS INC COM 125269100 12,784 313,245 SH   SOLE   313,245 0 0
CHEVRON CORP NEW COM 166764100 55,973 622,200 SH   SOLE   622,200 0 0
CIMAREX ENERGY CO COM 171798101 8,589 96,100 SH   SOLE   96,100 0 0
CONCHO RESOURCES INC COM 20605P101 7,420 79,900 SH   SOLE   79,900 0 0
CONOCOPHILLIPS COM 20825C104 12,476 267,200 SH   SOLE   267,200 0 0
DOW CHEM CO COM 260543103 23,117 449,056 SH   SOLE   449,056 0 0
EASTMAN CHEM CO COM 277432100 9,451 140,000 SH   SOLE   140,000 0 0
EOG RES INC COM 26875P101 22,816 322,300 SH   SOLE   322,300 0 0
EQT CORP COM 26884L109 6,970 133,700 SH   SOLE   133,700 0 0
EXXON MOBIL CORP COM 30231G102 115,127 1,476,930 SH   SOLE   1,476,930 0 0
FIRST SOLAR INC COM 336433107 4,738 71,800 SH   SOLE   71,800 0 0
FREEPORT-MCMORAN INC CL B 35671D857 1,679 248,000 SH   SOLE   248,000 0 0
HALLIBURTON CO COM 406216101 17,250 506,770 SH   SOLE   506,770 0 0
KINDER MORGAN INC DEL COM 49456B101 8,072 541,000 SH   SOLE   541,000 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 22,481 258,700 SH   SOLE   258,700 0 0
MARATHON OIL CORP COM 565849106 7,189 571,000 SH   SOLE   571,000 0 0
MARATHON PETE CORP COM 56585A102 13,717 264,600 SH   SOLE   264,600 0 0
MONSANTO CO NEW COM 61166W101 19,152 194,400 SH   SOLE   194,400 0 0
NATIONAL OILWELL VARCO INC COM 637071101 4,471 133,500 SH   SOLE   133,500 0 0
NOBLE ENERGY INC COM 655044105 12,299 373,500 SH   SOLE   373,500 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 21,743 321,600 SH   SOLE   321,600 0 0
OIL STS INTL INC COM 678026105 4,633 170,000 SH   SOLE   170,000 0 0
PACKAGING CORP AMER COM 695156109 9,855 156,300 SH   SOLE   156,300 0 0
PHILLIPS 66 COM 718546104 25,593 312,875 SH   SOLE   312,875 0 0
PIONEER NAT RES CO COM 723787107 11,234 89,600 SH   SOLE   89,600 0 0
PPG INDS INC COM 693506107 13,044 132,000 SH   SOLE   132,000 0 0
RSP PERMIAN INC COM 74978Q105 3,585 147,000 SH   SOLE   147,000 0 0
SCHLUMBERGER LTD COM 806857108 39,255 562,800 SH   SOLE   562,800 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 4,566 45,000 SH   SOLE   45,000 0 0
SPECTRA ENERGY CORP COM 847560109 10,926 456,400 SH   SOLE   456,400 0 0
VALERO ENERGY CORP NEW COM 91913Y100 5,869 83,000 SH   SOLE   83,000 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 5,412 645,000 SH   SOLE   645,000 0 0
WHITING PETE CORP NEW COM 966387102 2,374 251,500 SH   SOLE   251,500 0 0
WILLIAMS COS INC DEL COM 969457100 6,235 242,600 SH   SOLE   242,600 0 0