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
APACHE CORP COM 037411105 48,372 583,499 SH   SOLE   583,499 0 0
BAKER HUGHES INC COM 057224107 31,068 477,962 SH   SOLE   477,962 0 0
BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 312 4,166 SH Put SOLE   0 0 4,166
CARRIZO OIL & GAS INC COM 144577103 27,799 520,001 SH   SOLE   520,001 0 0
CLIFFS NAT RES INC COM 18683K101 7,952 24,922 SH Put SOLE   0 0 24,922
COBALT INTL ENERGY INC COM 19075F106 604 32,921 SH   SOLE   32,921 0 0
CONOCOPHILLIPS COM 20825C104 15,742 223,942 SH   SOLE   223,942 0 0
CST BRANDS INC COM 12646R105 9,760 312,516 SH   SOLE   312,516 0 0
DEVON ENERGY CORP NEW COM 25179M103 69,012 1,030,952 SH   SOLE   1,030,952 0 0
DEVON ENERGY CORP NEW COM 25179M103 250 2,000 SH Call SOLE   0 0 2,000
DIAMOND OFFSHORE DRILLING IN COM 25271C102 3,166 65,000 SH   SOLE   65,000 0 0
DRIL-QUIP INC COM 262037104 1,211 10,800 SH   SOLE   10,800 0 0
EL PASO PIPELINE PARTNERS L COM UNIT LPI 283702108 10,540 11,416 SH Call SOLE   0 0 11,416
ENERGEN CORP COM 29265N108 43,724 540,869 SH   SOLE   540,869 0 0
FRANKS INTL N V COM N33462107 2,905 117,552 SH   SOLE   117,552 0 0
HALCON RES CORP COM NEW 40537Q209 2,849 23,805 SH Put SOLE   0 0 23,805
INTEROIL CORP COM 460951106 324 5,000 SH   SOLE   5,000 0 0
INTEROIL CORP COM 460951106 1,891 3,000 SH Call SOLE   0 0 3,000
JOY GLOBAL INC COM 481165108 15,951 275,000 SH   SOLE   275,000 0 0
MAGNUM HUNTER RES CORP DEL COM 55973B102 52,715 6,194,431 SH   SOLE   6,194,431 0 0
MARATHON PETE CORP COM 56585A102 27,883 320,270 SH   SOLE   320,270 0 0
MARKWEST ENERGY PARTNERS L P UNIT LTD PARTN 570759100 22,537 7,329 SH Call SOLE   0 0 7,329
NABORS INDUSTRIES LTD SHS G6359F103 13,841 561,500 SH   SOLE   561,500 0 0
NATIONAL OILWELL VARCO INC COM 637071101 24,200 310,559 SH   SOLE   310,559 0 0
OCEAN RIG UDW INC SHS Y64354205 9,221 518,328 SH   SOLE   518,328 0 0
OIL STS INTL INC COM 678026105 23,680 240,206 SH   SOLE   240,206 0 0
PATTERSON UTI ENERGY INC COM 703481101 28,512 900,294 SH   SOLE   900,294 0 0
PEABODY ENERGY CORP COM 704549104 368 15,000 SH Put SOLE   0 0 15,000
PENN WEST PETE LTD NEW COM 707887105 10,323 1,234,828 SH   SOLE   1,234,828 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 24,682 1,786,738 SH   SOLE   1,786,738 0 0
PIONEER NAT RES CO COM 723787107 69,295 370,267 SH   SOLE   370,267 0 0
PIONEER NAT RES CO COM 723787107 146 1,062 SH Call SOLE   0 0 1,062
PLAINS GP HLDGS L P SHS A REP LTPN 72651A108 622 2,024 SH Put SOLE   0 0 2,024
RANGE RES CORP COM 75281A109 61,487 741,607 SH   SOLE   741,607 0 0
ROSETTA RESOURCES INC COM 777779307 5,184 111,326 SH   SOLE   111,326 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 56,341 1,673,334 SH   SOLE   1,673,334 0 0
SANDRIDGE ENERGY INC COM 80007P307 2,406 14,582 SH Put SOLE   0 0 14,582
SPDR GOLD TRUST GOLD SHS 78463V107 41,250 333,418 SH   SOLE   333,418 0 0
STONE ENERGY CORP COM 861642106 670 2,000 SH Call SOLE   0 0 2,000
STONE ENERGY CORP COM 861642106 71,589 1,704,493 SH   SOLE   1,704,493 0 0
SUPERIOR ENERGY SVCS INC COM 868157108 1,255 40,800 SH   SOLE   40,800 0 0
TEEKAY CORPORATION COM Y8564W103 2,065 2,024 SH Put SOLE   0 0 2,024
TEEKAY OFFSHORE PARTNERS L P PARTNERSHIP UN Y8565J101 206 1,500 SH Put SOLE   0 0 1,500
TESORO CORP COM 881609101 25,030 494,949 SH   SOLE   494,949 0 0
TRANSOCEAN LTD REG SHS H8817H100 12,951 313,439 SH   SOLE   313,439 0 0
VALE S A ADR 91912E105 821 33,317 SH Put SOLE   0 0 33,317
VALERO ENERGY CORP NEW COM 91913Y100 29,403 553,723 SH   SOLE   553,723 0 0
W & T OFFSHORE INC COM 92922P106 27,604 1,594,690 SH   SOLE   1,594,690 0 0
WEATHERFORD INTERNATIONAL LT REG SHS H27013103 44,946 2,590,521 SH   SOLE   2,590,521 0 0
WHITING PETE CORP NEW COM 966387102 32,065 462,166 SH   SOLE   462,166 0 0