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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALLIANCE RESOURCE PARTNERS L UT LTD PART 01877R108 2,005 110,000 SH   SOLE   110,000 0 0
ALLIANCE RESOURCE PARTNERS L UT LTD PART 01877R108 2,771 152,000 SH Call SOLE   152,000 0 0
ISHARES TR 20 YR TR BD ETF 464287432 17,196 150,000 SH Call SOLE   150,000 0 0
PERMIAN BASIN RTY TR UNIT BEN INT 714236106 67,991 4,108,195 SH   SOLE   4,108,195 0 0
SPDR SER TR S&P OILGAS EXP 78468R556 3,584 30,000 SH Put SOLE   30,000 0 0
TEXAS PACIFIC LAND CORPORATI COM 88262P102 194,187 130,500 SH   SOLE   130,500 0 0