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
ANTERO RESOURCES CORP COM 03674X106 78,214 2,561,883 SH   SOLE   2,561,883 0 0
CANADIAN NAT RES LTD COM 136385101 3,596 77,226 SH   SOLE   77,226 0 0
CENTURY ALUM CO COM 156431108 411 77,787 SH   SOLE   77,787 0 0
CHESAPEAKE ENERGY CORP COM 165167735 53,597 643,085 SH   SOLE   643,085 0 0
CHORD ENERGY CORPORATION COM NEW 674215207 5,014 36,663 SH   SOLE   36,663 0 0
CNX RES CORP COM 12653C108 29,507 1,900,000 SH   SOLE   1,900,000 0 0
COMSTOCK RES INC COM 205768302 64,792 3,747,342 SH   SOLE   3,747,342 0 0
CONSOL ENERGY INC NEW COM 20854L108 71,406 1,110,166 SH   SOLE   1,110,166 0 0
COTERRA ENERGY INC COM 127097103 8,659 331,494 SH   SOLE   331,494 0 0
CVR ENERGY INC COM 12662P108 19,821 683,946 SH   SOLE   683,946 0 0
DENBURY INC COM 24790A101 21,002 243,476 SH   SOLE   243,476 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C201 50,243 7,578,071 SH   SOLE   7,578,071 0 0
ENERPLUS CORP COM 292766102 152,850 10,791,547 SH   SOLE   10,791,547 0 0
EQT CORP COM 26884L109 115,283 2,829,040 SH   SOLE   2,829,040 0 0
HF SINCLAIR CORP COM 403949100 11,398 211,698 SH   SOLE   211,698 0 0
KOSMOS ENERGY LTD COM 500688106 38,952 7,534,312 SH   SOLE   7,534,312 0 0
LOUISIANA PAC CORP COM 546347105 921 18,000 SH   SOLE   18,000 0 0
MURPHY OIL CORP COM 626717102 32,319 918,949 SH   SOLE   918,949 0 0
MURPHY USA INC COM 626755102 133 100,000 SH Put SOLE   0 0 100,000
NOBLE CORP NEW ORD SHS A G65431127 35,655 1,205,361 SH   SOLE   1,205,361 0 0
OLIN CORP COM PAR $1 680665205 20,978 489,218 SH   SOLE   489,218 0 0
OVINTIV INC COM 69047Q102 12,022 261,341 SH   SOLE   261,341 0 0
PDC ENERGY INC COM 69327R101 279 4,822 SH   SOLE   4,822 0 0
PEABODY ENERGY CORP COM 704551100 68,881 2,775,223 SH   SOLE   2,775,223 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 89,187 8,049,399 SH   SOLE   8,049,399 0 0
PLAINS GP HLDGS L P LTD PARTNR INT A 72651A207 2,182 200,000 SH   SOLE   200,000 0 0
RANGE RES CORP COM 75281A109 107,563 4,258,241 SH   SOLE   4,258,241 0 0
SUNCOR ENERGY INC NEW COM 867224107 2,956 105,000 SH   SOLE   105,000 0 0
SUNCOR ENERGY INC NEW COM 867224107 2,594 1,365,000 SH Call SOLE   0 0 1,365,000
TECHNIPFMC PLC COM G87110105 18,343 2,168,196 SH   SOLE   2,168,196 0 0
TECK RESOURCES LTD CL B 878742204 7,840 257,804 SH   SOLE   257,804 0 0
UNITED STATES STL CORP NEW COM 912909108 25,982 1,433,866 SH   SOLE   1,433,866 0 0
VALERO ENERGY CORP COM 91913Y100 19,548 182,950 SH   SOLE   182,950 0 0
W & T OFFSHORE INC COM 92922P106 34,198 5,835,797 SH   SOLE   5,835,797 0 0
WARRIOR MET COAL INC COM 93627C101 69,548 2,445,434 SH   SOLE   2,445,434 0 0
WESTROCK CO COM 96145D105 18,107 586,188 SH   SOLE   586,188 0 0