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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 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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
HESS CORP COM 42809H107   88,135 662,616 SH   SOLE   662,616 0 0
ISHARES GOLD TRUST COM 464285204   177,498 3,585,100 SH   SOLE   3,585,100 0 0
NOBLE CORP PLC COM G65431127   10,142 323,000 SH   SOLE   323,000 0 0
SCORPIO TANKERS INC COM Y7542C130   18,534 373,000 SH   SOLE   373,000 0 0
SEADRILL LTD COM G7997W102   9,619 247,080 SH   SOLE   247,080 0 0
VALARIS LTD COM G9460G101   8,981 203,000 SH   SOLE   203,000 0 0