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
AK STL HLDG CORP COM 001547108 12,766 3,298,595 SH   SOLE   3,298,595 0 0
AK STL HLDG CORP COM 001547108 1,548 400,000 SH Call SOLE   400,000 0 0
ANADARKO PETE CORP COM 032511107 13,707 175,592 SH   SOLE   175,592 0 0
CABOT OIL & GAS CORP COM 127097103 22,492 713,118 SH   SOLE   713,118 0 0
CF INDS HLDGS INC COM 125269100 28,728 446,920 SH   SOLE   446,920 0 0
DOMINION DIAMOND CORP COM 257287102 14,811 1,057,159 SH   SOLE   1,057,159 0 0
DYNEGY INC NEW DEL *W EXP 10/02/201 26817R116 975 240,752 SH   SOLE   240,752 0 0
DYNEGY INC NEW DEL COM 26817R108 22,534 770,386 SH   SOLE   770,386 0 0
KAPSTONE PAPER & PACKAGING C COM 48562P103 9,169 396,593 SH   SOLE   396,593 0 0
MEMORIAL RESOURCE DEV CORP COM 58605Q109 6,643 350,170 SH   SOLE   350,170 0 0
NRG ENERGY INC COM NEW 629377508 12,394 541,688 SH   SOLE   541,688 0 0
RANGE RES CORP COM 75281A109 10,294 208,471 SH   SOLE   208,471 0 0
ROCK-TENN CO CL A 772739207 12,334 204,892 SH   SOLE   204,892 0 0
SIBANYE GOLD LTD SPONSORED ADR 825724206 762 118,188 SH   SOLE   118,188 0 0
SUNEDISON SEMICONDUCTOR LTD SHS Y8213L102 343 19,871 SH   SOLE   19,871 0 0
TESORO CORP COM 881609101 15,745 186,534 SH   SOLE   186,534 0 0