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
ALAMOS GOLD INC NEW COM CL A 011532108 384 63,500 SH   DFND 1,2 63,500 0 0
ALBEMARLE CORP COM 012653101 1,933 27,450 SH   DFND 1,2 27,450 0 0
ANTERO RES CORP COM 03674X106 573 103,700 SH   DFND 1,2 103,700 0 0
ANTERO RES CORP COM 03674X106 332 60,000 SH Call DFND 1,2 60,000 0 0
CABOT OIL & GAS CORP COM 127097103 2,499 108,822 SH   DFND 1,2 108,822 0 0
CALIFORNIA RES CORP COM NEW 13057Q206 4,058 206,200 SH   DFND 1,2 206,200 0 0
CALIFORNIA RES CORP COM NEW 13057Q206 1,968 100,000 SH Call DFND 1,2 100,000 0 0
CALLON PETE CO DEL COM 13123X102 390 59,200 SH   DFND 1,2 59,200 0 0
CANADIAN NAT RES LTD COM 136385101 2,883 106,900 SH   DFND 1,2 106,900 0 0
CHENIERE ENERGY INC COM NEW 16411R208 1,203 17,580 SH   DFND 1,2 17,580 0 0
CONCHO RES INC COM 20605P101 3,568 34,579 SH   DFND 1,2 34,579 0 0
CONTINENTAL RESOURCES INC COM 212015101 3,828 90,950 SH   DFND 1,2 90,950 0 0
CRESCENT PT ENERGY CORP COM 22576C101 1,462 443,000 SH   DFND 1,2 443,000 0 0
DENBURY RES INC DEL DEBT 6.375%12/3 U2481AAK4 2,130 3,301,000 PRN   DFND 1,2 3,301,000 0 0
DIAMONDBACK ENERGY INC COM 25278X109 7,822 71,784 SH   DFND 1,2 71,784 0 0
FRANCO NEVADA CORP COM 351858105 2,631 31,000 SH   DFND 1,2 31,000 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 2,681 145,050 SH   DFND 1,2 145,050 0 0
GULFPORT ENERGY CORP COM NEW 402635304 285 58,100 SH   DFND 1,2 58,100 0 0
HALLIBURTON CO COM 406216101 1,792 78,801 SH   DFND 1,2 78,801 0 0
HUDBAY MINERALS INC COM 443628102 1,107 204,650 SH   DFND 1,2 204,650 0 0
NATIONAL ENERGY SERVICES REU SHS G6375R107 870 100,000 SH   DFND 1,2 100,000 0 0
NEXGEN ENERGY LTD COM 65340P106 2,375 1,513,000 SH   DFND 1,2 1,513,000 0 0
PIONEER NAT RES CO COM 723787107 3,004 19,524 SH   DFND 1,2 19,524 0 0
RANGE RES CORP COM 75281A109 2,157 309,044 SH   DFND 1,2 309,044 0 0
RIO TINTO PLC SPONSORED ADR 767204100 2,718 43,600 SH   DFND 1,2 43,600 0 0
SCHLUMBERGER LTD COM 806857108 1,089 27,400 SH   DFND 1,2 27,400 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 6,660 50,000 SH Call DFND 1,2 50,000 0 0
TECK RESOURCES LTD CL B 878742204 1,086 47,100 SH   DFND 1,2 47,100 0 0
TEXAS PAC LD TR SUB CTF PROP I T 882610108 3,581 4,550 SH   DFND 1,2 4,550 0 0
WHEATON PRECIOUS METALS CORP COM 962879102 1,766 73,050 SH   DFND 1,2 73,050 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 1,069 58,700 SH   DFND 1,2 58,700 0 0