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
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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
ANTERO RESOURCES CORP COM 03674X106 BBG001T61KH8 77,835,836 3,370,976 SH   SOLE   3,370,976 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 BBG001S8JFB3 6,233,665 206,961 SH   SOLE   206,961 0 0
CHESAPEAKE ENERGY CORP COM 165167735 BBG00Z6DX607 1,706,670 541,800 SH Call SOLE   541,800 0 0
CNX RES CORP COM 12653C108 BBG001SC7TN4 16,762,655 1,046,358 SH   SOLE   1,046,358 0 0
COMSTOCK RES INC COM 205768302 BBG001S8FX55 42,243,292 3,915,041 SH   SOLE   3,915,041 0 0
CONSOL ENERGY INC NEW COM 20854L108 BBG00HC115M9 53,581,887 919,545 SH   SOLE   919,545 0 0
COTERRA ENERGY INC COM 127097103 BBG001S6H6Y4 44,939,047 1,831,257 SH   SOLE   1,831,257 0 0
CVR ENERGY INC COM 12662P108 BBG001SM6PD2 12,849,727 391,999 SH   SOLE   391,999 0 0
DENBURY INC COM 24790A101 BBG00XJDVXC8 35,284,921 402,658 SH   SOLE   402,658 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C201 BBG010JCFCF2 82,632,952 6,863,202 SH   SOLE   6,863,202 0 0
ENERPLUS CORP COM 292766102 BBG001SGHVD0 119,168,651 8,273,940 SH   SOLE   8,273,940 0 0
EQT CORP COM 26884L109 BBG001S5QXJ4 74,879,081 2,346,571 SH   SOLE   2,346,571 0 0
HF SINCLAIR CORP COM 403949100 BBG0135B2269 3,346,541 69,172 SH   SOLE   69,172 0 0
KOSMOS ENERGY LTD COM 500688106 BBG001SJV7R6 51,965,878 6,984,661 SH   SOLE   6,984,661 0 0
LOUISIANA PAC CORP COM 546347105 BBG001S5SW04 3,360,966 61,999 SH   SOLE   61,999 0 0
MURPHY OIL CORP COM 626717102 BBG001S5TG80 84,005,987 2,271,660 SH   SOLE   2,271,660 0 0
NOBLE CORP PLC ORD SHS A G65431127 BBG018KBK3H7 39,215,063 993,541 SH   SOLE   993,541 0 0
NUSCALE PWR CORP CL A COM 67079K100 BBG00YG48PG8 1,598,249 175,825 SH   SOLE   175,825 0 0
OCCIDENTAL PETE CORP COM 674599105 BBG001S5TZG9 25,271,352 404,795 SH   SOLE   404,795 0 0
OLIN CORP COM PAR $1 680665205 BBG001S5TWW8 5,881,890 105,980 SH   SOLE   105,980 0 0
PDC ENERGY INC COM 69327R101 BBG001S5V439 6,426,664 100,135 SH   SOLE   100,135 0 0
PEABODY ENERGY CORP COM 704551100 BBG00GBV89J5 57,694,515 2,253,692 SH   SOLE   2,253,692 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 BBG001SFJFD5 37,775,456 4,070,631 SH   SOLE   4,070,631 0 0
PLAINS GP HLDGS L P LTD PARTNR INT A 72651A207 BBG001SZV282 2,121,097 161,669 SH   SOLE   161,669 0 0
RANGE RES CORP COM 75281A109 BBG001SBZNN8 124,482,613 4,702,781 SH   SOLE   4,702,781 0 0
SUNCOR ENERGY INC NEW COM 867224107 BBG001S5YSF0 33,092,407 1,066,353 SH   SOLE   1,066,353 0 0
UNITED STATES STL CORP NEW COM 912909108 BBG001S5XL75 78,581,071 3,010,769 SH   SOLE   3,010,769 0 0
VALERO ENERGY CORP COM 91913Y100 BBG001S5X8K9 7,429,512 53,220 SH   SOLE   53,220 0 0
W & T OFFSHORE INC COM 92922P106 BBG001SLLWL3 31,287,786 6,159,013 SH   SOLE   6,159,013 0 0
WARRIOR MET COAL INC COM 93627C101 BBG00GD1JNK4 85,530,959 2,329,909 SH   SOLE   2,329,909 0 0
WEST FRASER TIMBER CO LTD COM 952845105 BBG001S60WD8 13,972,603 196,102 SH   SOLE   196,102 0 0
WESTLAKE CORPORATION COM 960413102 BBG001SHVYF4 6,378,900 55,000 SH   SOLE   55,000 0 0
WESTROCK CO COM 96145D105 BBG008NXC581 18,572,379 609,530 SH   SOLE   609,530 0 0