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
AMERICAN AIRLINES GROUP COMMON 02376R102 87 2,715 SH   SOLE NONE 2,715 0 0
APPROACH RESOURCES INC COMMON 03834A103 1,362 1,562,400 SH   SOLE NONE 1,562,400 0 0
BLUELINX HLDGS INC COMMON 09624H208 7,718 312,336 SH   SOLE NONE 312,336 0 0
BONANZA CREEK ENERGY, INC COMMON 097793400 1,898 91,841 SH   SOLE NONE 91,841 0 0
C&J OLDCO, INC COMMON 12674R100 3,484 258,100 SH   SOLE NONE 258,100 0 0
CALIFORNIA RESOURCES CORP COMMON 13057Q206 1,704 100,000 SH   SOLE NONE 100,000 0 0
CIVEO CORP COMMON 17878Y108 5,908 4,131,695 SH   SOLE NONE 4,131,695 0 0
CONSOLIDATED COMMUNICATIONS INC COMMON 209034107 6,269 634,498 SH   SOLE NONE 634,498 0 0
CONTURA ENERGY, INC COMMON 21241B100 12,977 197,395 SH   SOLE NONE 197,395 0 0
CUMULUS MEDIA INC CL A 231082801 333 30,800 SH   SOLE NONE 30,800 0 0
ENSCO PLC CL A G3157S106 2,660 747,316 SH   SOLE NONE 747,316 0 0
GENWORTH FINANCIAL INC CL A 37247D106 11,707 2,512,217 SH   SOLE NONE 2,512,217 0 0
HALCON RESOURCES CORP COMMON 40537Q605 4,244 2,496,352 SH   SOLE NONE 2,496,352 0 0
HIGHPOINT RESOURCES CORP COMMON 43114K108 2,499 1,003,705 SH   SOLE NONE 1,003,705 0 0
INTELSAT S.A. COMMON L5140P101 10,898 509,484 SH   SOLE NONE 509,484 0 0
MIDSTATES PETROLEUM COMPANY, INC COMMON 59804T407 3,930 523,241 SH   SOLE NONE 523,241 0 0
NII HOLDINGS, INC CL B 62913F508 26,501 6,009,190 SH   SOLE NONE 6,009,190 0 0
PACIFIC DRILLING S.A. COMMON L7257P205 2,723 203,991 SH   SOLE NONE 203,991 0 0
PEABODY ENERGY CORP COMMON 704551100 4,707 154,421 SH   SOLE NONE 154,421 0 0
PENN VIRGINIA CORP COMMON 70788V102 3,506 64,847 SH   SOLE NONE 64,847 0 0
SANOFI-AVENTIS EXP12/31/2020 RTS 80105N113 2,049 4,268,228 SH   SOLE NONE 4,268,228 0 0
SEADRILL LIMITED CMN COMMON G7998G106 192 19,726 SH   SOLE NONE 19,726 0 0
SILVERBOW RESOURCES, INC COMMON 82836G102 4,927 208,402 SH   SOLE NONE 208,402 0 0
TETRA TECHNOLOGIES INC COMMON 88162F105 3,478 2,070,310 SH   SOLE NONE 2,070,310 0 0
URBAN ONE INC COMMON 91705J204 2,412 1,498,091 SH   SOLE NONE 1,498,091 0 0
VISTRA ENERGY CORP COMMON 92840M102 9,944 434,418 SH   SOLE NONE 434,418 0 0
VISTRA ENERGY CORP 35.0000 EXP02/02/2024 COMMON 92840M128 129 92,138 SH Call SOLE NONE 92,138 0 0