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
AIR PRODS & CHEMS INC COM 009158106 28,764 200,000 SH   DFND 1 0 200,000 0
ALBEMARLE CORP COM 012653101 24,279 282,056 SH   DFND 1 0 282,056 0
ANADARKO PETE CORP COM 032511107 15,627 224,110 SH   DFND 1 0 224,110 0
CONTINENTAL RESOURCES INC COM 212015101 15,488 300,500 SH   DFND 1 0 300,500 0
EOG RES INC COM 26875P101 5,568 55,073 SH   DFND 1 0 55,073 0
FREEPORT-MCMORAN INC CL B 35671D857 9,893 750,000 SH   DFND 1 0 750,000 0
HESS CORP COM 42809H107 20,244 325,000 SH   DFND 1 0 325,000 0
HUNTSMAN CORP COM 447011107 15,140 793,496 SH   DFND 1 0 793,496 0
MELCO CROWN ENTMT LTD ADR 585464100 201 12,650 SH   DFND 1 0 12,650 0
OASIS PETE INC NEW COM 674215108 14,640 966,959 SH   DFND 1 0 966,959 0
OLIN CORP COM PAR $1 680665205 14,726 575,000 SH   DFND 1 0 575,000 0
T MOBILE US INC COM 872590104 978 17,000 SH   DFND 1 0 17,000 0
TRINSEO S A SHS L9340P101 20,755 350,000 SH   DFND 1 0 350,000 0
UNITED STATES STL CORP NEW COM 912909108 26,408 800,000 SH   DFND 1 0 800,000 0
UNIVERSAL DISPLAY CORP COM 91347P105 1,396 24,800 SH   DFND 1 0 24,800 0
VALE S A ADR 91912E105 14,173 1,860,000 SH   DFND 1 0 1,860,000 0