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
BAYTEX ENERGY CORP COM 07317Q105 802 330,576 SH   OTR   0 0 330,576
GENER8 MARITIME INC COM Y26889108 21,071 3,703,087 SH   OTR   0 0 3,703,087
GULFPORT ENERGY CORP COM NEW 402635304 3,431 232,600 SH   OTR   0 0 232,600
HALLIBURTON CO COM 406216101 4,919 115,177 SH   OTR   0 0 115,177
ISHARES TR IBOXX HI YD ETF 464288513 22,087 249,883 SH   OTR   0 0 249,883
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 54,145 2,339,902 SH   OTR   0 0 2,339,902
PROPETRO HLDG CORP COM 74347M108 2,081 149,042 SH   OTR   0 0 149,042
SABRE CORP COM 78573M104 17,159 788,175 SH   OTR   0 0 788,175
SPDR SERIES TRUST BLOOMBERG BRCLYS 78464A417 15,010 403,498 SH   OTR   0 0 403,498
STONE ENERGY CORP COM PAR 861642403 13,015 708,115 SH   OTR   0 0 708,115
TRAVELPORT WORLDWIDE LTD SHS G9019D104 18,796 1,366,006 SH   OTR   0 0 1,366,006
U S SILICA HLDGS INC COM 90346E903 2,097 59,084 SH   OTR   0 0 59,084
YUMA ENERGY INC NEW COM 98872F105 1,495 1,607,301 SH   OTR   0 0 1,607,301