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

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COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
BAKER HUGHES INCCOM0572241071,72927,187SH SOLE 27,18700
BANK AMER CORPCOM06050510446230,000SH SOLE 30,00000
BASIC ENERGY SVCS INC NEWCOM06985P1001,695244,585SH SOLE 244,58500
CIMAREX ENERGY COCOM1717981013,14227,304SH SOLE 27,30400
CONCHO RES INCCOM20605P1012281,971SH SOLE 1,97100
DEVON ENERGY CORP NEWCOM25179M1032784,604SH SOLE 4,60400
DHT HOLDINGS INCSHS NEWY2065G121803115,000SH SOLE 115,00000
DIAMONDBACK ENERGY INCCOM25278X1093274,259SH SOLE 4,25900
ECLIPSE RES CORPCOM27890G1001,940345,111SH SOLE 345,11100
EQT CORPCOM26884L1092563,089SH SOLE 3,08900
FRONTLINE LTDSHSG3682E127471210,100SH SOLE 210,10000
GASTAR EXPL INC NEWCOM36729W20217466,359SH SOLE 66,35900
GENERAL MTRS COCOM37045V10045012,000SH SOLE 12,00000
GULFPORT ENERGY CORPCOM NEW4026353044,725102,913SH SOLE 102,91300
HCP INCCOM40414L10943210,000SH SOLE 10,00000
HELMERICH & PAYNE INCCOM4234521011,02115,000SH SOLE 15,00000
INTREXON CORPCOM46122T10279417,500SH SOLE 17,50000
ISHARESMSCI ITALCPD ETF46428685530320,500SH SOLE 20,50000
ISHARESMSCI SPAN CP ETF4642867643038,700SH SOLE 8,70000
JPMORGAN CHASE & COCOM46625H1003946,500SH SOLE 6,50000
LENNAR CORPCL A5260571042334,500SH SOLE 4,50000
MARATHON OIL CORPCOM5658491062429,274SH SOLE 9,27400
NABORS INDUSTRIES LTDSHSG6359F1031,24991,497SH SOLE 91,49700
PARSLEY ENERGY INCCL A7018771022,092130,900SH SOLE 130,90000
PULTE GROUP INCCOM74586710124511,000SH SOLE 11,00000
RANGE RES CORPCOM75281A1092,27643,744SH SOLE 43,74400
RICE ENERGY INCCOM7627601063,153144,905SH SOLE 144,90500
RPC INCCOM7496601063,391264,697SH SOLE 264,69700
SCHLUMBERGER LTDCOM8068571082703,235SH SOLE 3,23500
SOUTHWESTERN ENERGY COCOM8454671092,448105,562SH SOLE 105,56200
SYNERGY RES CORPCOM87164P10331426,537SH SOLE 26,53700
VALERO ENERGY CORP NEWCOM91913Y1001,46222,979SH SOLE 22,97900
WELLS FARGO & CO NEWCOM9497461013977,300SH SOLE 7,30000
WPX ENERGY INCCOM98212B10323521,541SH SOLE 21,54100