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
ADVANTAGE OIL & GAS LTD COM 00765F101 548 98,100 SH   DFND 1,2 98,100 0 0
ALAMOS GOLD INC NEW COM CL A 011532108 896 104,200 SH   DFND 1,2 104,200 0 0
ALBEMARLE CORP COM 012653101 2,177 27,450 SH   DFND 1,2 27,450 0 0
ANADARKO PETE CORP COM 032511107 7,604 142,803 SH   DFND 1,2 142,803 0 0
ANADARKO PETE CORP COM 032511107 1,651 31,000 SH Call DFND 1,2 31,000 0 0
ANTERO RES CORP COM 03674X106 1,511 58,150 SH   DFND 1,2 58,150 0 0
ASANKO GOLD INC COM 04341Y105 1,215 318,900 SH   DFND 1,2 318,900 0 0
ASPEN AEROGELS INC COM 04523Y105 396 79,600 SH   DFND 1,2 79,600 0 0
CABOT OIL & GAS CORP COM 127097103 4,564 177,322 SH   DFND 1,2 177,322 0 0
CHENIERE ENERGY INC COM NEW 16411R208 854 22,750 SH   DFND 1,2 22,750 0 0
CHENIERE ENERGY INC COM NEW 16411R208 845 22,500 SH Call DFND 1,2 22,500 0 0
COBALT INTL ENERGY INC COM 19075F106 445 332,100 SH   DFND 1,2 332,100 0 0
COBALT INTL ENERGY INC NOTE 2.625%12/0 19075FAA4 755 2,000,000 PRN   DFND 1,2 2,000,000 0 0
CONCHO RES INC COM 20605P101 4,332 36,317 SH   DFND 1,2 36,317 0 0
CONTINENTAL RESOURCES INC COM 212015101 5,448 120,350 SH   DFND 1,2 120,350 0 0
DIAMONDBACK ENERGY INC COM 25278X109 5,961 65,350 SH   DFND 1,2 65,350 0 0
DOMINION DIAMOND CORP COM 257287102 2,145 242,650 SH   DFND 1,2 242,650 0 0
ENERGEN CORP COM 29265N108 4,649 96,430 SH   DFND 1,2 96,430 0 0
EOG RES INC COM 26875P101 2,620 31,407 SH   DFND 1,2 31,407 0 0
EQT CORP COM 26884L109 4,368 56,418 SH   DFND 1,2 56,418 0 0
FRANCO NEVADA CORP COM 351858105 2,358 31,000 SH   DFND 1,2 31,000 0 0
FREEPORT-MCMORAN INC CL B 35671D857 1,281 115,006 SH   DFND 1,2 115,006 0 0
GENER8 MARITIME INC COM Y26889108 1,503 234,900 SH   DFND 1,2 234,900 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 1,100 70,965 SH   DFND 1,2 70,965 0 0
GOLDCORP INC NEW COM 380956409 1,874 97,950 SH   DFND 1,2 97,950 0 0
GRAN TIERRA ENERGY INC COM 38500T101 1,763 521,649 SH   DFND 1,2 521,649 0 0
HALLIBURTON CO COM 406216101 3,062 67,601 SH   DFND 1,2 67,601 0 0
HUDBAY MINERALS INC COM 443628102 1,869 391,000 SH   DFND 1,2 391,000 0 0
INTEROIL CORP COM 460951106 6,298 139,950 SH   DFND 1,2 139,950 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 1,706 95,500 SH   DFND 1,2 95,500 0 0
NATIONAL OILWELL VARCO INC COM 637071101 787 23,400 SH   DFND 1,2 23,400 0 0
NEVSUN RES LTD COM 64156L101 221 75,000 SH   DFND 1,2 75,000 0 0
OASIS PETE INC NEW COM 674215108 2,201 235,634 SH   DFND 1,2 235,634 0 0
PDC ENERGY INC COM 69327R101 2,236 38,809 SH   DFND 1,2 38,809 0 0
PIONEER NAT RES CO COM 723787107 4,404 29,124 SH   DFND 1,2 29,124 0 0
PRETIUM RES INC COM 74139C102 1,188 106,100 SH   DFND 1,2 106,100 0 0
RANGE RES CORP COM 75281A109 2,178 50,477 SH   DFND 1,2 50,477 0 0
RIO TINTO PLC SPONSORED ADR 767204100 1,112 35,519 SH   DFND 1,2 35,519 0 0
RSP PERMIAN INC COM 74978Q105 6,052 173,450 SH   DFND 1,2 173,450 0 0
SCHLUMBERGER LTD COM 806857108 3,764 47,600 SH   DFND 1,2 47,600 0 0
SILVER WHEATON CORP COM 828336107 2,291 97,350 SH   DFND 1,2 97,350 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 50,274 240,000 SH Put DFND 1,2 240,000 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 10,443 300,000 SH Put DFND 1,2 300,000 0 0
TAHOE RES INC COM 873868103 729 48,700 SH   DFND 1,2 48,700 0 0
TEXAS PAC LD TR SUB CTF PROP I T 882610108 1,963 11,642 SH   DFND 1,2 11,642 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 1,462 263,400 SH   DFND 1,2 263,400 0 0
WHITING PETE CORP NEW COM 966387102 768 82,950 SH   DFND 1,2 82,950 0 0