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
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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
ANADARKO PETE CORP COM 032511107 1,017 16,400 SH   SOLE   16,400 0 0
ANTERO RES CORP COM 03674X106 38,567 1,690,791 SH   SOLE   1,690,791 0 0
ARCH COAL INC CL A 039380407 41,268 598,612 SH   SOLE   598,612 0 0
CABOT OIL & GAS CORP COM 127097103 1,047 43,800 SH   SOLE   43,800 0 0
CALLON PETE CO DEL COM 13123X102 2,273 172,700 SH   SOLE   172,700 0 0
CAMECO CORP COM 13321L108 325 1,000,000 SH Put SOLE   0 0 1,000,000
CANADIAN PAC RY LTD COM 13645T100 1,132 7,700 SH   SOLE   7,700 0 0
CHENIERE ENERGY INC COM NEW 16411R208 37,110 785,065 SH   SOLE   785,065 0 0
CHENIERE ENERGY PTNRS LP HLD COM REP LLC IN 16411W108 9,101 372,693 SH   SOLE   372,693 0 0
CONCHO RES INC COM 20605P101 2,734 21,300 SH   SOLE   21,300 0 0
CONSOL ENERGY INC COM 20854P109 880 52,436 SH   SOLE   52,436 0 0
CREDIT SUISSE NASSAU BRH 3X LONG GOLD 22542D688 8,894 856,832 SH   SOLE   856,832 0 0
DELEK US HLDGS INC COM 246647101 12,844 529,212 SH   SOLE   529,212 0 0
DEVON ENERGY CORP NEW COM 25179M103 95,100 2,279,481 SH   SOLE   2,279,481 0 0
DEVON ENERGY CORP NEW COM 25179M103 2,170 700,000 SH Call SOLE   0 0 700,000
DIAMOND OFFSHORE DRILLING IN COM 25271C102 25,225 1,509,586 SH   SOLE   1,509,586 0 0
ENERPLUS CORP COM 292766102 98,200 12,187,382 SH   SOLE   12,187,382 0 0
ENSCO PLC SHS CLASS A G3157S106 14,875 1,662,037 SH   SOLE   1,662,037 0 0
EQT CORP COM 26884L109 86,804 1,420,690 SH   SOLE   1,420,690 0 0
EQT CORP COM 26884L109 960 1,200,000 SH Call SOLE   0 0 1,200,000
EURONAV NV ANTWERPEN SHS B38564108 509 64,447 SH   SOLE   64,447 0 0
FIRST SOLAR INC COM 336433107 18,751 691,904 SH   SOLE   691,904 0 0
FREEPORT-MCMORAN INC CL B 35671D857 165 1,001,000 SH Put SOLE   0 0 1,001,000
GOLAR LNG PARTNERS LP COM UNIT LPI Y2745C102 5,333 190,935 SH   SOLE   190,935 0 0
HALLIBURTON CO COM 406216101 1,235 1,000,000 SH Put SOLE   0 0 1,000,000
HESS CORP COM 42809H107 41,182 854,230 SH   SOLE   854,230 0 0
KANSAS CITY SOUTHERN COM NEW 485170302 900 10,500 SH   SOLE   10,500 0 0
KOSMOS ENERGY LTD SHS G5315B107 3,164 475,000 SH   SOLE   475,000 0 0
MARATHON OIL CORP COM 565849106 720 45,600 SH   SOLE   45,600 0 0
MARATHON PETE CORP COM 56585A102 7,767 153,690 SH   SOLE   153,690 0 0
MATADOR RES CO COM 576485205 1,173 49,320 SH   SOLE   49,320 0 0
NABORS INDUSTRIES LTD SHS G6359F103 1,158 500,000 SH Put SOLE   0 0 500,000
NEWFIELD EXPL CO COM 651290108 1,107 30,000 SH   SOLE   30,000 0 0
PARSLEY ENERGY INC CL A 701877102 92,404 2,842,316 SH   SOLE   2,842,316 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 11,467 1,243,707 SH   SOLE   1,243,707 0 0
PIONEER NAT RES CO COM 723787107 36,119 193,946 SH   SOLE   193,946 0 0
PIONEER NAT RES CO COM 723787107 3,528 420,000 SH Call SOLE   0 0 420,000
PRECISION DRILLING CORP COM 2010 74022D308 75 2,000,000 SH Put SOLE   0 0 2,000,000
PROSHARES TR II ULTRA SILVER NEW 74347W353 23,991 581,877 SH   SOLE   581,877 0 0
QEP RES INC COM 74733V100 28,270 2,224,213 SH   SOLE   2,224,213 0 0
RANGE RES CORP COM 75281A109 91,887 3,157,616 SH   SOLE   3,157,616 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 17,862 1,146,449 SH   SOLE   1,146,449 0 0
RSP PERMIAN INC COM 74978Q105 2,333 56,300 SH   SOLE   56,300 0 0
SANCHEZ ENERGY CORP COM 79970Y105 13 250,000 SH Call SOLE   0 0 250,000
SM ENERGY CO COM 78454L100 90,474 3,766,613 SH   SOLE   3,766,613 0 0
SOUTHWESTERN ENERGY CO COM 845467109 75,559 9,248,402 SH   SOLE   9,248,402 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 7,317 61,633 SH   SOLE   61,633 0 0
TARGA RES CORP COM 87612G101 701 11,700 SH   SOLE   11,700 0 0
TEXAS PAC LD TR SUB CTF PROP I T 882610108 7,009 25,053 SH   SOLE   25,053 0 0
TRANSCANADA CORP COM 89353D107 1,069 23,150 SH   SOLE   23,150 0 0
TRANSOCEAN LTD REG SHS H8817H100 672 1,700,000 SH Put SOLE   0 0 1,700,000
TURQUOISE HILL RES LTD COM 900435108 22,083 7,210,387 SH   SOLE   7,210,387 0 0
UNION PAC CORP COM 907818108 1,038 9,800 SH   SOLE   9,800 0 0
WHITING PETE CORP NEW COM 966387102 82,989 8,772,657 SH   SOLE   8,772,657 0 0
WHITING PETE CORP NEW COM 966387102 40 1,000,000 SH Call SOLE   0 0 1,000,000
WILLIAMS COS INC DEL COM 969457100 1,110 37,500 SH   SOLE   37,500 0 0
WPX ENERGY INC COM 98212B103 9,709 725,105 SH   SOLE   725,105 0 0