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

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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
Anadarko Petroleum Common 032511107 51,748 624,900 SH   SOLE NA 507,380 0 117,520
Apache Corp Common 037411105 32,478 538,336 SH   SOLE NA 432,838 0 105,498
Baker Hughes Inc Common 057224107 24,107 379,160 SH   SOLE NA 271,580 0 107,580
Cameron International Corp Common 13342B105 21,036 466,221 SH   SOLE NA 351,388 0 114,833
Canadian Natural Resources Common 136385101 36,916 1,202,080 SH   SOLE NA 996,335 0 205,745
CenterPoint Energy Inc Common 15189T107 24,317 1,191,440 SH   SOLE NA 903,540 0 287,900
Chevron Corp Common 166764100 27,390 260,911 SH   SOLE NA 200,066 0 60,845
Cimarex Energy Common 171798101 42,263 367,215 SH   SOLE NA 306,965 0 60,250
Devon Energy Corp Common 25179M103 50,293 833,901 SH   SOLE NA 666,533 0 167,368
EOG Resources Common 26875P101 44,038 480,295 SH   SOLE NA 384,443 0 95,852
EQT Corporation Com Common 26884L109 47,298 570,745 SH   SOLE NA 461,585 0 109,160
Energen Corp Common 29265N108 38,590 584,690 SH   SOLE NA 480,890 0 103,800
Halliburton Co Common 406216101 20,534 467,969 SH   SOLE NA 341,479 0 126,490
Hess Corporation Common 42809H107 40,966 603,589 SH   SOLE NA 483,629 0 119,960
Marathon Oil Corp Common 565849106 43,656 1,672,010 SH   SOLE NA 1,358,360 0 313,650
National-Oilwell Varco, Inc. Common 637071101 14,673 293,516 SH   SOLE NA 206,020 0 87,496
Newfield Exploration Co Common 651290108 58,848 1,677,060 SH   SOLE NA 1,313,160 0 363,900
Noble Energy Inc Common 655044105 46,039 941,488 SH   SOLE NA 771,188 0 170,300
Occidental Petroleum Corp Common 674599105 39,076 535,293 SH   SOLE NA 434,414 0 100,879
PDC Energy Inc Common 69327R101 23,562 436,005 SH   SOLE NA 363,305 0 72,700
Pioneer Natural Resources Co Common 723787107 43,335 265,030 SH   SOLE NA 220,910 0 44,120
QEP Res Inc Common 74733V100 16,935 812,211 SH   SOLE NA 595,511 0 216,700
Range Resouces Corp Common 75281A109 37,444 719,530 SH   SOLE NA 578,350 0 141,180
Royal Dutch Shell Plc Class A Common 780259206 40,420 677,620 SH   SOLE NA 555,176 0 122,444
Schlumberger LTD Common 806857108 28,769 344,789 SH   SOLE NA 249,823 0 94,966
Southwestern Energy Co Common 845467109 32,019 1,380,735 SH   SOLE NA 1,118,785 0 261,950
Williams Companies Common 969457100 33,847 669,055 SH   SOLE NA 522,505 0 146,550