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
BAKER HUGHES INC COM 057224107 1,729 27,187 SH   SOLE   27,187 0 0
BANK AMER CORP COM 060505104 462 30,000 SH   SOLE   30,000 0 0
BASIC ENERGY SVCS INC NEW COM 06985P100 1,695 244,585 SH   SOLE   244,585 0 0
CIMAREX ENERGY CO COM 171798101 3,142 27,304 SH   SOLE   27,304 0 0
CONCHO RES INC COM 20605P101 228 1,971 SH   SOLE   1,971 0 0
DEVON ENERGY CORP NEW COM 25179M103 278 4,604 SH   SOLE   4,604 0 0
DHT HOLDINGS INC SHS NEW Y2065G121 803 115,000 SH   SOLE   115,000 0 0
DIAMONDBACK ENERGY INC COM 25278X109 327 4,259 SH   SOLE   4,259 0 0
ECLIPSE RES CORP COM 27890G100 1,940 345,111 SH   SOLE   345,111 0 0
EQT CORP COM 26884L109 256 3,089 SH   SOLE   3,089 0 0
FRONTLINE LTD SHS G3682E127 471 210,100 SH   SOLE   210,100 0 0
GASTAR EXPL INC NEW COM 36729W202 174 66,359 SH   SOLE   66,359 0 0
GENERAL MTRS CO COM 37045V100 450 12,000 SH   SOLE   12,000 0 0
GULFPORT ENERGY CORP COM NEW 402635304 4,725 102,913 SH   SOLE   102,913 0 0
HCP INC COM 40414L109 432 10,000 SH   SOLE   10,000 0 0
HELMERICH & PAYNE INC COM 423452101 1,021 15,000 SH   SOLE   15,000 0 0
INTREXON CORP COM 46122T102 794 17,500 SH   SOLE   17,500 0 0
ISHARES MSCI ITALCPD ETF 464286855 303 20,500 SH   SOLE   20,500 0 0
ISHARES MSCI SPAN CP ETF 464286764 303 8,700 SH   SOLE   8,700 0 0
JPMORGAN CHASE & CO COM 46625H100 394 6,500 SH   SOLE   6,500 0 0
LENNAR CORP CL A 526057104 233 4,500 SH   SOLE   4,500 0 0
MARATHON OIL CORP COM 565849106 242 9,274 SH   SOLE   9,274 0 0
NABORS INDUSTRIES LTD SHS G6359F103 1,249 91,497 SH   SOLE   91,497 0 0
PARSLEY ENERGY INC CL A 701877102 2,092 130,900 SH   SOLE   130,900 0 0
PULTE GROUP INC COM 745867101 245 11,000 SH   SOLE   11,000 0 0
RANGE RES CORP COM 75281A109 2,276 43,744 SH   SOLE   43,744 0 0
RICE ENERGY INC COM 762760106 3,153 144,905 SH   SOLE   144,905 0 0
RPC INC COM 749660106 3,391 264,697 SH   SOLE   264,697 0 0
SCHLUMBERGER LTD COM 806857108 270 3,235 SH   SOLE   3,235 0 0
SOUTHWESTERN ENERGY CO COM 845467109 2,448 105,562 SH   SOLE   105,562 0 0
SYNERGY RES CORP COM 87164P103 314 26,537 SH   SOLE   26,537 0 0
VALERO ENERGY CORP NEW COM 91913Y100 1,462 22,979 SH   SOLE   22,979 0 0
WELLS FARGO & CO NEW COM 949746101 397 7,300 SH   SOLE   7,300 0 0
WPX ENERGY INC COM 98212B103 235 21,541 SH   SOLE   21,541 0 0