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 CORP COM 013872106 8,986 338,064 SH   SOLE   338,064 0 0
ANADARKO PETE CORP COM 032511107 1,429 32,600 SH   SOLE   32,600 0 0
ANTERO RES CORP COM 03674X106 106,402 11,331,405 SH   SOLE   11,331,405 0 0
ANTERO RES CORP COM 03674X106 2,391 9,749,600 SH Call OTR   0 0 9,749,600
ARCH COAL INC CL A 039380407 14,025 169,000 SH   SOLE   169,000 0 0
BAKER HUGHES A GE CO CL A 05722G100 35,103 1,632,718 SH   SOLE   1,632,718 0 0
C&J ENERGY SVCS INC NEW COM 12674R100 33,644 2,492,113 SH   SOLE   2,492,113 0 0
CALLON PETE CO DEL COM 13123X102 16,331 2,516,258 SH   SOLE   2,516,258 0 0
CHENIERE ENERGY INC COM NEW 16411R208 769 13,000 SH   SOLE   13,000 0 0
CIMAREX ENERGY CO COM 171798101 792 880,300 SH Call OTR   0 0 880,300
CIMAREX ENERGY CO COM 171798101 12,207 198,000 SH   SOLE   198,000 0 0
CLEVELAND CLIFFS INC COM 185899101 20 4,000,000 SH Call OTR   0 0 4,000,000
CNX RESOURCES CORPORATION COM 12653C108 96,074 8,412,778 SH   SOLE   8,412,778 0 0
CONCHO RES INC COM 20605P101 1,100 10,700 SH   SOLE   10,700 0 0
CONSOL ENERGY INC NEW COM 20854L108 12,684 400,000 SH   SOLE   400,000 0 0
CREDIT SUISSE NASSAU BRH 3X LONG GOLD 22542D316 9,089 95,267 SH   SOLE   95,267 0 0
CRESCENT PT ENERGY CORP COM 22576C101 25,900 8,555,021 SH   SOLE   8,555,021 0 0
DIAMONDBACK ENERGY INC COM 25278X109 1,194 12,876 SH   SOLE   12,876 0 0
DOMTAR CORP COM NEW 257559203 281 8,000 SH   SOLE   8,000 0 0
ENERGY RECOVERY INC COM 29270J100 740 109,985 SH   SOLE   109,985 0 0
EQT CORP COM 26884L109 121,591 6,436,779 SH   SOLE   6,436,779 0 0
EQUITRANS MIDSTREAM CORPORAT COM 294600101 2,388 1,192,801 SH   SOLE   1,192,801 0 0
EURONAV NV ANTWERPEN SHS B38564108 543 78,300 SH   SOLE   78,300 0 0
FIRST SOLAR INC COM 336433107 48,972 1,153,500 SH   SOLE   1,153,500 0 0
FTS INTERNATIONAL INC COM 30283W104 14,694 2,066,650 SH   SOLE   2,066,650 0 0
GASLOG PARTNERS LP UNIT LTD PTNRP Y2687W108 461 23,300 SH   SOLE   23,300 0 0
GRAPHIC PACKAGING HLDG CO COM 388689101 13,330 1,252,860 SH   SOLE   1,252,860 0 0
HELIX ENERGY SOLUTIONS GRP I COM 42330P107 23,480 4,340,091 SH   SOLE   4,340,091 0 0
HESS CORP COM 42809H107 24,204 597,622 SH   SOLE   597,622 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 18,821 1,296,212 SH   SOLE   1,296,212 0 0
KOSMOS ENERGY LTD COM 500688106 21,430 5,265,435 SH   SOLE   5,265,435 0 0
LAREDO PETROLEUM INC COM 516806106 12,134 3,351,801 SH   SOLE   3,351,801 0 0
LOUISIANA PAC CORP COM 546347105 14,466 651,056 SH   SOLE   651,056 0 0
MAGNOLIA OIL & GAS CORP CL A 559663109 168 15,000 SH   SOLE   15,000 0 0
MARATHON OIL CORP COM 565849106 1,400 97,601 SH   SOLE   97,601 0 0
MATADOR RES CO COM 576485205 6,531 420,546 SH   SOLE   420,546 0 0
MURPHY USA INC COM 626755102 150 400,000 SH Put OTR   0 0 400,000
NOBLE ENERGY INC COM 655044105 115,188 6,140,065 SH   SOLE   6,140,065 0 0
NORBORD INC COM NEW 65548P403 5,276 198,275 SH   SOLE   198,275 0 0
NORFOLK SOUTHERN CORP COM 655844108 799 5,340 SH   SOLE   5,340 0 0
PACKAGING CORP AMER COM 695156109 1,012 12,130 SH   SOLE   12,130 0 0
PARSLEY ENERGY INC CL A 701877102 24,418 1,528,012 SH   SOLE   1,528,012 0 0
PATTERSON UTI ENERGY INC COM 703481101 51,784 5,003,263 SH   SOLE   5,003,263 0 0
PEABODY ENERGY CORP NEW COM 704551100 59,261 1,944,270 SH   SOLE   1,944,270 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 30,604 2,640,571 SH   SOLE   2,640,571 0 0
PIONEER NAT RES CO COM 723787107 92,891 706,285 SH   SOLE   706,285 0 0
PIONEER NAT RES CO COM 723787107 543 700,000 SH Call OTR   0 0 700,000
PROSHARES TR II ULTRA SILVER NEW 74347W353 6,382 242,025 SH   SOLE   242,025 0 0
QEP RES INC COM 74733V100 1,652 293,500 SH   SOLE   293,500 0 0
RANGE RES CORP COM 75281A109 1,434 15,890,700 SH Call OTR   0 0 15,890,700
RANGE RES CORP COM 75281A109 82,437 8,614,151 SH   SOLE   8,614,151 0 0
SM ENERGY CO COM 78454L100 91,413 5,905,201 SH   SOLE   5,905,201 0 0
SOUTHWESTERN ENERGY CO COM 845467109 45,886 13,456,299 SH   SOLE   13,456,299 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 20,408 168,313 SH   SOLE   168,313 0 0
TARGA RES CORP COM 87612G101 15,257 423,561 SH   SOLE   423,561 0 0
TARGA RES CORP COM 87612G101 219 1,750,000 SH Call OTR   0 0 1,750,000
TECHNIPFMC PLC COM G87110105 32,788 1,674,585 SH   SOLE   1,674,585 0 0
TECK RESOURCES LTD CL B 878742204 48,442 2,248,800 SH   SOLE   2,248,800 0 0
TELLURIAN INC NEW COM 87968A104 146 21,000 SH   SOLE   21,000 0 0
TENARIS S A SPONSORED ADR 88031M109 48,899 2,293,588 SH   SOLE   2,293,588 0 0
TEXAS PAC LD TR SUB CTF PROP I T 882610108 4,771 8,808 SH   SOLE   8,808 0 0
TURQUOISE HILL RES LTD COM 900435108 33,485 20,297,679 SH   SOLE   20,297,679 0 0
ULTRA PETROLEUM CORP COM NEW 903914208 1,163 1,530,063 SH   SOLE   1,530,063 0 0
VIPER ENERGY PARTNERS LP COM UNT RP INT 92763M105 637 24,455 SH   SOLE   24,455 0 0
WARRIOR MET COAL INC COM 93627C101 37,870 1,570,722 SH   SOLE   1,570,722 0 0
WESTROCK CO COM 96145D105 7,903 209,287 SH   SOLE   209,287 0 0
WEYERHAEUSER CO COM 962166104 6,500 1,000,000 SH Put OTR   0 0 1,000,000
WILLIAMS COS INC DEL COM 969457100 777 35,250 SH   SOLE   35,250 0 0
WPX ENERGY INC COM 98212B103 1,867 164,500 SH   SOLE   164,500 0 0