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
Anadarko Petroleum Common 032511107 34,072 635,198 SH   SOLE NA 469,178 0 166,020
Apache Corp Common 037411105 20,564 487,057 SH   SOLE NA 356,067 0 130,990
Cabot Oil - Gas Common 127097103 26,490 926,240 SH   SOLE NA 660,720 0 265,520
Cimarex Energy Common 171798101 31,613 259,100 SH   SOLE NA 186,390 0 72,710
Devon Energy Corp Common 25179M103 34,298 828,449 SH   SOLE NA 599,419 0 229,030
EQT Corporation Com Common 26884L109 25,358 445,497 SH   SOLE NA 315,537 0 129,960
Energen Corp Common 29265N108 19,345 336,027 SH   SOLE NA 240,777 0 95,250
Energy Select Sector SPDR Common 81369Y506 1,319 18,250 SH   SOLE NA 18,250 0 0
Halliburton Co Common 406216101 24,647 504,330 SH   SOLE NA 325,360 0 178,970
Hess Corporation Common 42809H107 18,611 392,056 SH   SOLE NA 284,836 0 107,220
Kinder Morgan Inc Com Common 49456B101 19,572 1,083,140 SH   SOLE NA 779,000 0 304,140
Marathon Oil Corp Common 565849106 23,290 1,375,640 SH   SOLE NA 1,001,220 0 374,420
Nabors Industries Ltd Common G6359F103 16,378 2,397,930 SH   SOLE NA 1,543,330 0 854,600
Newfield Exploration Co Common 651290108 25,921 822,092 SH   SOLE NA 592,592 0 229,500
Noble Energy Inc Common 655044105 27,478 942,971 SH   SOLE NA 687,041 0 255,930
Occidental Petroleum Corp Common 674599105 22,563 306,313 SH   SOLE NA 218,773 0 87,540
Parsley Energy Inc Common 701877102 12,901 438,200 SH   SOLE NA 309,300 0 128,900
Pioneer Natural Resources Co Common 723787107 19,131 110,682 SH   SOLE NA 77,522 0 33,160
ProPetro Holding Corp Common 74347M108 14,865 737,350 SH   SOLE NA 475,930 0 261,420
RPC Energy Services Common 749660106 12,347 483,630 SH   SOLE NA 313,740 0 169,890
RSP Permian Inc Common 74978Q105 22,880 562,440 SH   SOLE NA 399,870 0 162,570
Range Resources Corp Common 75281A109 17,033 998,420 SH   SOLE NA 715,880 0 282,540
Royal Dutch Shell Plc Class A Common 780259206 36,255 543,471 SH   SOLE NA 388,541 0 154,930
Schlumberger LTD Common 806857108 14,480 214,865 SH   SOLE NA 138,975 0 75,890
Superior Energy Services Inc Common 868157108 18,577 1,929,120 SH   SOLE NA 1,243,610 0 685,510
WPX Energy Inc Common 98212B103 24,460 1,738,480 SH   SOLE NA 1,241,250 0 497,230
Weatherford International Plc Ord Common G48833100 16,765 4,020,373 SH   SOLE NA 2,618,933 0 1,401,440
Williams Companies Common 969457100 3,793 124,410 SH   SOLE NA 124,410 0 0