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
ALCOA CORP COM 013872106 17,864 775,000 SH   DFND 1 775,000 0 0
ALUSSA ENERGY ACQUISITION CO *W EXP 10/31/202 G0232J119 6,419 5,218,750 SH   DFND 1,2 5,218,750 0 0
ALUSSA ENERGY ACQUISITION CO SHS CL A G0232J101 14,461 1,437,500 SH   DFND 1,2 1,437,500 0 0
APACHE CORP COM 037411105 12,478 879,381 SH   DFND 1,2 879,381 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 10,878 475,000 SH   DFND 1 475,000 0 0
ARRAY TECHNOLOGIES INC COM SHS 04271T100 23,465 543,927 SH   DFND 1 543,927 0 0
CACTUS INC CL A 127203107 28,451 1,091,315 SH   DFND 1 1,091,315 0 0
CALIFORNIA RES CORP COMMON STOCK 13057Q305 10,585 448,705 SH   DFND 1,2 448,705 0 0
CANADIAN NAT RES LTD COM 136385101 24,160 1,005,941 SH   DFND 1 1,005,941 0 0
CENTURY ALUM CO COM 156431108 6,718 609,044 SH   DFND 1 609,044 0 0
CHAMPIONX CORPORATION COM 15872M104 24,032 1,570,731 SH   DFND 1 1,570,731 0 0
CLEVELAND-CLIFFS INC NEW COM 185899101 25,681 1,763,815 SH   DFND 1 1,763,815 0 0
COMSTOCK RES INC COM 205768302 8,897 2,035,900 SH   DFND 1,2 2,035,900 0 0
CVR ENERGY INC COM 12662P108 13,925 934,553 SH   DFND 1 934,553 0 0
DARLING INGREDIENTS INC COM 237266101 11,536 200,000 SH   DFND 1 200,000 0 0
DECARBONIZATION PLUS ACQU CO UNIT 10/02/2025 242797207 8,631 751,203 SH   DFND 1 751,203 0 0
DENBURY INC COM 24790A101 56,151 2,185,720 SH   DFND 1,2 2,185,720 0 0
ENERPLUS CORP COM 292766102 58,168 18,614,516 SH   DFND 1 18,614,516 0 0
ENPHASE ENERGY INC COM 29355A107 34,344 195,728 SH   DFND 1 195,728 0 0
GEOPARK LTD USD SHS G38327105 21,562 1,659,903 SH   DFND 1,2 1,659,903 0 0
GREAT LAKES DREDGE & DOCK CO COM 390607109 12,078 917,067 SH   DFND 1 917,067 0 0
GREEN PLAINS INC COM 393222104 24,610 1,868,637 SH   DFND 1 1,868,637 0 0
HOLLYFRONTIER CORP COM 436106108 32,519 1,257,993 SH   DFND 1 1,257,993 0 0
HUDBAY MINERALS INC COM 443628102 9,853 1,408,385 SH   DFND 1 1,408,385 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 564,732 1,800,000 SH Put DFND 1,2 1,800,000 0 0
MAGNOLIA OIL & GAS CORP CL A 559663109 34,167 4,839,540 SH   DFND 1,2 4,839,540 0 0
MARATHON OIL CORP COM 565849106 28,488 4,271,098 SH   DFND 1,2 4,271,098 0 0
NATIONAL ENERGY SERVICES REU SHS G6375R107 37,743 3,800,950 SH   DFND 1 3,800,950 0 0
NORTHERN GENESIS ACQUISITION COMMON STOCK 66516T104 10,729 603,456 SH   DFND 1 603,456 0 0
PATTERSON-UTI ENERGY INC COM 703481101 2,152 409,055 SH   DFND 1 409,055 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 44,123 3,929,039 SH   DFND 1,2 3,929,039 0 0
PIONEER NAT RES CO COM 723787107 23,917 210,000 SH   DFND 1,2 210,000 0 0
PRECISION DRILLING CORP COM NEW 74022D407 3,385 205,961 SH   DFND 1 205,961 0 0
SCHLUMBERGER LTD COM 806857108 37,902 1,736,257 SH   DFND 1 1,736,257 0 0
SELECT ENERGY SVCS INC CL A COM 81617J301 7,150 1,743,928 SH   DFND 1 1,743,928 0 0
SOLARIS OILFIELD INFRSTR INC COM CL A 83418M103 10,416 1,279,607 SH   DFND 1 1,279,607 0 0
STAR PEAK ENERGY TRANSITION CL A 855185104 8,775 428,879 SH   DFND 1 428,879 0 0
SUNNOVA ENERGY INTL INC. COM 86745K104 28,944 641,358 SH   DFND 1 641,358 0 0
TALOS ENERGY INC COM 87484T108 11,078 1,344,398 SH   DFND 1,2 1,344,398 0 0
VALE S A SPONSORED ADS 91912E105 15,084 899,980 SH   DFND 1 899,980 0 0
VISTA OIL & GAS SAB DE CV SPONSORED ADS 92837L109 4,707 1,838,700 SH   DFND 1,2 1,838,700 0 0
WHITING PETE CORP NEW COM NEW 966387508 5,265 210,600 SH   DFND 1,2 210,600 0 0
XL FLEET CORP COM CL A 9837FR100 35,595 1,500,000 SH   DFND 1,2 1,500,000 0 0