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
ANTERO RES CORP COM 03674X106 36,937 1,045,773 SH   SOLE   1,045,773 0 1,045,773
APACHE CORP CALL 037411905 2,651 1,300,900 SH Call SOLE   0 0 1,300,900
ATWOOD OCEANICS INC COM 050095108 27,325 972,067 SH   SOLE   972,067 0 972,067
BAKER HUGHES INC CALL 057224907 1,005 961,900 SH Call SOLE   0 0 961,900
BAKER HUGHES INC COM 057224107 58,174 914,978 SH   SOLE   914,978 0 914,978
BASIC ENERGY SVCS INC NEW COM 06985P100 6,180 891,709 SH   SOLE   891,709 0 891,709
BUCKEYE PARTNERS L P CALL 118230901 170 6,500 SH Call SOLE   0 0 6,500
CALIFORNIA RES CORP COM 13057Q107 48,178 6,330,899 SH   SOLE   6,330,899 0 6,330,899
CAMERON INTERNATIONAL CORP CALL 13342B905 1,387 764,500 SH Call SOLE   0 0 764,500
CAMERON INTERNATIONAL CORP COM 13342B105 1,755 38,900 SH   SOLE   38,900 0 38,900
CENOVUS ENERGY INC CALL 15135U909 158 1,131,000 SH Call SOLE   0 0 1,131,000
CENOVUS ENERGY INC COM 15135U109 46,442 2,752,396 SH   SOLE   2,752,396 0 2,752,396
CGG SPONSORED ADR 12531Q105 357 62,614 SH   SOLE   62,614 0 62,614
CHENIERE ENERGY INC CALL 16411R908 1,492 415,400 SH Call SOLE   0 0 415,400
CHENIERE ENERGY INC COM NEW 16411R208 30,831 398,338 SH   SOLE   398,338 0 398,338
CHENIERE ENERGY PTNRS LP HLD COM REP LLC IN 16411W108 6,979 291,166 SH   SOLE   291,166 0 291,166
CHESAPEAKE ENERGY CORP PUT 165167957 651 3,700,000 SH Put SOLE   0 0 3,700,000
CHICAGO BRIDGE & IRON CO N V PUT 167250959 830 484,700 SH Put SOLE   0 0 484,700
CLIFFS NAT RES INC PUT 18683K951 39,069 3,560,800 SH Put SOLE   0 0 3,560,800
CLOUD PEAK ENERGY INC PUT 18911Q952 1,537 890,800 SH Put SOLE   0 0 890,800
COBALT INTL ENERGY INC COM 19075F106 55,877 5,938,035 SH   SOLE   5,938,035 0 5,938,035
DELEK US HLDGS INC COM 246647101 1,828 45,984 SH   SOLE   45,984 0 45,984
DEVON ENERGY CORP NEW CALL 25179M903 145 178,200 SH Call SOLE   0 0 178,200
DIAMOND OFFSHORE DRILLING IN PUT 25271C952 15,092 1,035,200 SH Put SOLE   0 0 1,035,200
DIAMONDBACK ENERGY INC COM 25278X109 2,689 35,000 SH   SOLE   35,000 0 35,000
DRIL-QUIP INC COM 262037104 8,198 119,876 SH   SOLE   119,876 0 119,876
ENERGEN CORP COM 29265N108 2,574 39,000 SH   SOLE   39,000 0 39,000
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 5,345 714,000 SH Call SOLE   0 0 714,000
ENERGY TRANSFER PRTNRS L P CALL 29273R909 12,687 498,500 SH Call SOLE   0 0 498,500
ENERGY XXI LTD PUT G10082950 8,097 1,979,800 SH Put SOLE   0 0 1,979,800
ENSCO PLC SHS CLASS A G3157S106 40,450 1,919,779 SH   SOLE   1,919,779 0 1,919,779
EP ENERGY CORP PUT 268785952 1,966 209,100 SH Put SOLE   0 0 209,100
EQT CORP COM 26884L109 3,630 43,800 SH   SOLE   43,800 0 43,800
EXCO RESOURCES INC PUT 269279952 1,620 196,400 SH Put SOLE   0 0 196,400
FIRST SOLAR INC COM 336433107 6,876 115,000 SH   SOLE   115,000 0 115,000
FMSA HLDGS INC PUT 30255X956 412 970,000 SH Put SOLE   0 0 970,000
FRANKS INTL N V COM N33462107 14,515 776,212 SH   SOLE   776,212 0 776,212
HELMERICH & PAYNE INC COM 423452101 1,865 27,400 SH   SOLE   27,400 0 27,400
INTEROIL CORP COM 460951106 20,624 446,986 SH   SOLE   446,986 0 446,986
ISHARES SILVER TRUST ISHARES 46428Q109 33,373 2,095,000 SH   SOLE   2,095,000 0 2,095,000
JOY GLOBAL INC COM 481165108 14,247 363,623 SH   SOLE   363,623 0 363,623
KBR INC COM 48242W106 24,094 1,663,953 SH   SOLE   1,663,953 0 1,663,953
KINDER MORGAN INC DEL PUT 49456B951 478 1,068,800 SH Put SOLE   0 0 1,068,800
KOSMOS ENERGY LTD SHS G5315B107 3,757 475,000 SH   SOLE   475,000 0 475,000
LAREDO PETROLEUM INC COM 516806106 2,557 196,100 SH   SOLE   196,100 0 196,100
MARATHON PETE CORP COM 56585A102 68,372 667,759 SH   SOLE   667,759 0 667,759
MARKWEST ENERGY PARTNERS L P CALL 570759900 36,529 1,203,600 SH Call SOLE   0 0 1,203,600
NOBLE CORP PLC SHS USD G65431101 2,076 890,800 SH Put SOLE   0 0 890,800
NOW INC PUT 67011P950 4,109 1,853,600 SH Put SOLE   0 0 1,853,600
OCCIDENTAL PETE CORP DEL CALL 674599905 289 356,400 SH Call SOLE   0 0 356,400
OCEAN RIG UDW INC SHS Y64354205 2,050 311,041 SH   SOLE   311,041 0 311,041
PARSLEY ENERGY INC CL A 701877102 559 35,000 SH   SOLE   35,000 0 35,000
PATTERSON UTI ENERGY INC COM 703481101 44,079 2,347,776 SH   SOLE   2,347,776 0 2,347,776
PBF ENERGY INC CL A 69318G106 68,944 2,032,544 SH   SOLE   2,032,544 0 2,032,544
PDC ENERGY INC COM 69327R101 1,027 19,000 SH   SOLE   19,000 0 19,000
PEABODY ENERGY CORP PUT 704549954 69 4,754,300 SH Put SOLE   0 0 4,754,300
PEMBINA PIPELINE CORP CALL 706327903 33 600,000 SH Call SOLE   0 0 600,000
PENN WEST PETE LTD NEW COM 707887105 17,443 10,567,889 SH   SOLE   10,567,889 0 10,567,889
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 7,903 1,297,664 SH   SOLE   1,297,664 0 1,297,664
PIONEER NAT RES CO CALL 723787907 86 155,800 SH Call SOLE   0 0 155,800
PIONEER NAT RES CO COM 723787107 73,315 448,381 SH   SOLE   448,381 0 448,381
PROSHARES TR II ULTRA SILVER NEW 74347W353 14,482 347,366 SH   SOLE   347,366 0 347,366
QEP RES INC CALL 74733V900 71 356,400 SH Call SOLE   0 0 356,400
QEP RES INC COM 74733V100 48,110 2,307,424 SH   SOLE   2,307,424 0 2,307,424
RANGE RES CORP CALL 75281A909 601 429,400 SH Call SOLE   0 0 429,400
RANGE RES CORP COM 75281A109 42,563 817,893 SH   SOLE   817,893 0 817,893
ROWAN COMPANIES PLC SHS CL A G7665A101 3,985 225,000 SH   SOLE   225,000 0 225,000
SANDRIDGE ENERGY INC PUT 80007P957 22,412 3,394,600 SH Put SOLE   0 0 3,394,600
SM ENERGY CO CALL 78454L900 16,356 1,069,000 SH Call SOLE   0 0 1,069,000
SM ENERGY CO COM 78454L100 21,948 424,698 SH   SOLE   424,698 0 424,698
SOUTHWESTERN ENERGY CO CALL 845467909 188 1,137,400 SH Call SOLE   0 0 1,137,400
SOUTHWESTERN ENERGY CO COM 845467109 61,281 2,642,562 SH   SOLE   2,642,562 0 2,642,562
SPDR GOLD TRUST GOLD SHS 78463V107 16,481 145,000 SH   SOLE   145,000 0 145,000
STATOIL ASA SPONSORED ADR 85771P102 44,347 2,521,159 SH   SOLE   2,521,159 0 2,521,159
STONE ENERGY CORP COM 861642106 27,534 1,875,618 SH   SOLE   1,875,618 0 1,875,618
SUNOCO LP CALL 86765K909 214 13,000 SH Call SOLE   0 0 13,000
TESORO CORP COM 881609101 16,349 179,087 SH   SOLE   179,087 0 179,087
TRANSCANADA CORP COM 89353D107 239 5,600 SH   SOLE   5,600 0 5,600
TRANSOCEAN LTD PUT H8817H950 6,350 2,400,000 SH Put SOLE   0 0 2,400,000
TURQUOISE HILL RES LTD COM 900435108 330 105,794 SH   SOLE   105,794 0 105,794
U S SILICA HLDGS INC PUT 90346E953 1,849 945,500 SH Put SOLE   0 0 945,500
ULTRA PETROLEUM CORP PUT 903914959 12,302 3,505,600 SH Put SOLE   0 0 3,505,600
UNIT CORP COM 909218109 20,230 722,999 SH   SOLE   722,999 0 722,999
VALE S A PUT 91912E955 1,951 2,788,100 SH Put SOLE   0 0 2,788,100
VALERO ENERGY CORP NEW CALL 91913Y900 1,693 415,500 SH Call SOLE   0 0 415,500
VALERO ENERGY CORP NEW COM 91913Y100 13,151 206,705 SH   SOLE   206,705 0 206,705
WEATHERFORD INTL PLC ORD SHS G48833100 15,611 1,269,181 SH   SOLE   1,269,181 0 1,269,181
WHITING PETE CORP NEW COM 966387102 56,912 1,841,817 SH   SOLE   1,841,817 0 1,841,817
WPX ENERGY INC COM 98212B103 972 88,900 SH   SOLE   88,900 0 88,900