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 PETE CORP COM 032511107 8,964 113,005 SH   SOLE   113,005 0 0
ATHLON ENERGY INC COM 047477104 73 2,400 SH   SOLE   2,400 0 0
BAKER HUGHES INC COM 057224107 7,853 142,105 SH   SOLE   142,105 0 0
BANK OF AMERICA CORPORATION COM 060505104 249 16,000 SH   SOLE   16,000 0 0
BASIC ENERGY SVCS INC NEW COM 06985P100 6,627 419,993 SH   SOLE   419,993 0 0
CABOT OIL & GAS CORP COM 127097103 4,184 107,941 SH   SOLE   107,941 0 0
CIMAREX ENERGY CO COM 171798101 8,076 76,977 SH   SOLE   76,977 0 0
CONCHO RES INC COM 20605P101 5,980 55,370 SH   SOLE   55,370 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 247 9,000 SH   SOLE   9,000 0 0
DIAMONDBACK ENERGY INC COM 25278X109 9,291 175,700 SH   SOLE   175,700 0 0
ENCANA CORP COM 292505104 4,422 245,000 SH   SOLE   245,000 0 0
EOG RES INC COM 26875P101 7,243 43,157 SH   SOLE   43,157 0 0
GASTAR EXPL INC COM NEW 367299203 6,583 951,270 SH   SOLE   951,270 0 0
GOODRICH PETE CORP COM NEW 382410405 5,276 309,996 SH   SOLE   309,996 0 0
GULFPORT ENERGY CORP COM NEW 402635304 9,742 154,321 SH   SOLE   154,321 0 0
HALLIBURTON CO COM 406216101 6,798 133,957 SH   SOLE   133,957 0 0
KEY ENERGY SVCS INC COM 492914106 5,530 700,000 SH   SOLE   700,000 0 0
MARATHON PETE CORP COM 56585A102 86 941 SH   SOLE   941 0 0
NEWFIELD EXPL CO COM 651290108 5,689 230,995 SH   SOLE   230,995 0 0
PATTERSON UTI ENERGY INC COM 703481101 6,465 255,328 SH   SOLE   255,328 0 0
PDC ENERGY INC COM 69327R101 2,681 50,370 SH   SOLE   50,370 0 0
PHILLIPS 66 COM 718546104 2,597 33,665 SH   SOLE   33,665 0 0
PIONEER NAT RES CO COM 723787107 5,647 30,681 SH   SOLE   30,681 0 0
QUANTUM FUEL SYS TECH WORLDW COM PAR $0.02 74765E307 498 63,812 SH   SOLE   63,812 0 0
SOUTHWESTERN ENERGY CO COM 845467109 6,883 175,000 SH   SOLE   175,000 0 0
SUPERIOR ENERGY SVCS INC COM 868157108 8,382 315,000 SH   SOLE   315,000 0 0
TESORO CORP COM 881609101 492 8,416 SH   SOLE   8,416 0 0
UNITED CONTL HLDGS INC COM 910047109 253 6,700 SH   SOLE   6,700 0 0
VALERO ENERGY CORP NEW COM 91913Y100 2,667 52,921 SH   SOLE   52,921 0 0
WEATHERFORD INTERNATIONAL LT REG SHS H27013103 4,163 268,766 SH   SOLE   268,766 0 0
WESTERN REFNG INC COM 959319104 127 3,000 SH   SOLE   3,000 0 0
WHITING PETE CORP NEW COM 966387102 4,377 70,740 SH   SOLE   70,740 0 0