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
ALBEMARLE CORP COM 012653101   721,250 1,000 SH Put SOLE   1,000 0 0
ALBEMARLE CORP COM 012653101   3,528,769 24,949 SH   SOLE   24,949 0 0
ALLIANCE RESOURCE PARTNERS L UT LTD PART 01877R108   671,045 28,887 SH   SOLE   28,887 0 0
ANGLOGOLD ASHANTI PLC COM SHS G0378L100   639,600 7,500 SH   SOLE   7,500 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203   238,058 5,224 SH   SOLE   5,224 0 0
BARRICK MNG CORP COM SHS 06849F108   13,065,000 300,000 SH   SOLE   300,000 0 0
BAYTEX ENERGY CORP COM 07317Q105   5,701,847 1,762,500 SH   SOLE   1,762,500 0 0
BUNGE GLOBAL SA COM SHS H11356104   4,543,080 51,000 SH   SOLE   51,000 0 0
CADIZ INC COM NEW 127537207   1,122,000 200,000 SH   SOLE   200,000 0 0
CENOVUS ENERGY INC COM 15135U109   4,398,849 260,000 SH   SOLE   260,000 0 0
CENTERRA GOLD INC COM 152006102   1,511,749 105,000 SH   SOLE   105,000 0 0
CENTURY ALUM CO COM 156431108   8,489,836 216,688 SH   SOLE   216,688 0 0
CHENIERE ENERGY INC COM NEW 16411R208   777,560 4,000 SH   SOLE   4,000 0 0
CHORD ENERGY CORPORATION COM NEW 674215207   1,434,533 15,475 SH   SOLE   15,475 0 0
CNH INDL N V SHS N20944109   2,305,000 250,000 SH   SOLE   250,000 0 0
COEUR MNG INC COM NEW 192108504   1,025,225 57,500 SH   SOLE   57,500 0 0
CONOCOPHILLIPS COM 20825C104   898,656 9,600 SH   SOLE   9,600 0 0
CORE SCIENTIFIC INC NEW COM 21874A106   728,000 50,000 SH   SOLE   50,000 0 0
DAKOTA GOLD CORP COM 46655E100   1,153,051 203,002 SH   SOLE   203,002 0 0
DANAOS CORPORATION SHS Y1968P121   5,950,952 63,187 SH   SOLE   63,187 0 0
DEVON ENERGY CORP NEW COM 25179M103   2,047,617 55,900 SH   SOLE   55,900 0 0
ECOVYST INC COM 27923Q109   1,313,550 135,000 SH   DFND 1 0 135,000 0
EOG RES INC COM 26875P101   351,784 3,350 SH   SOLE   3,350 0 0
EQT CORP COM 26884L109   3,425,844 63,915 SH   SOLE   63,915 0 0
EQUINOX GOLD CORP COM 29446Y502   2,068,092 147,300 SH   SOLE   147,300 0 0
EXCELERATE ENERGY INC CL A COM 30069T101   643,355 22,936 SH   DFND 1 0 22,936 0
EXCELERATE ENERGY INC CL A COM 30069T101   4,844,992 172,727 SH   SOLE   172,727 0 0
EXPAND ENERGY CORP COM 165167735   9,135,490 82,779 SH   SOLE   82,779 0 0
FUTUREFUEL CORP COM 36116M106   829,400 260,000 SH   SOLE   260,000 0 0
GEOPARK LTD USD SHS G38327105   856,403 115,574 SH   SOLE   115,574 0 0
GERDAU SA SPON ADR REP PFD 373737105   774,900 210,000 SH   SOLE   210,000 0 0
GLOBAL PARTNERS LP COM UNITS 37946R109   21,263,148 508,080 SH   SOLE   508,080 0 0
GRAFTECH INTL LTD COM NEW 384313607   155,100 10,000 SH   SOLE   10,000 0 0
GREEN PLAINS INC COM 393222104   225,400 23,000 SH   SOLE   23,000 0 0
GULFPORT ENERGY CORP COMMON SHARES 402635502   311,985 1,500 SH   SOLE   1,500 0 0
HUDBAY MINERALS IN COM 443628102   595,650 30,000 SH   SOLE   30,000 0 0
HUDSON TECHNOLOGIES INC COM 444144109   26,030,000 3,800,000 SH   SOLE   3,800,000 0 0
IAMGOLD CORP COM 450913108   7,632,298 462,844 SH   SOLE   462,844 0 0
JBS N.V. CL A SHS N4732M103   5,768,000 400,000 SH   SOLE   400,000 0 0
Kinross Gold Corp COM 496902404   1,548,800 55,000 SH   SOLE   55,000 0 0
LAFAYETTE ACQUISITION CORP UNIT 10/24/2030 G53426121   5,000,000 500,000 SH   SOLE   500,000 0 0
LOEWS CORP COM 540424108   6,725,623 63,865 SH   DFND 1 0 63,865 0
MATADOR RES CO COM 576485205   1,073,435 25,293 SH   SOLE   25,293 0 0
MATSON INC COM 57686G105   1,213,050 7,230 SH Put SOLE   7,230 0 0
NEW FOUND GOLD CORP COM 64440N103   739,553 250,000 SH   SOLE   250,000 0 0
NEXTERA ENERGY INC COM 65339F101   5,780,160 72,000 SH   SOLE   72,000 0 0
NORTHERN DYNASTY MINERALS LT COM NEW 66510M204   39,346 20,000 SH   SOLE   20,000 0 0
OVINTIV INC COM 69047Q102   24,254,074 618,850 SH   SOLE   618,850 0 0
PRECISION DRILLING CORP COM NEW 74022D407   5,920,380 82,500 SH   SOLE   82,500 0 0
RICE ACQUISITION CORP 3 UNIT 99/99/9999 G7553X106   2,400,000 240,000 SH   SOLE   240,000 0 0
SCHMID GROUP N.V. EURO SHS CL A N68722102   4,623,750 1,027,500 SH   SOLE   1,027,500 0 0
SHELL PLC SPON ADS 780259305   1,543,080 21,000 SH   SOLE   21,000 0 0
SIBANYE STILLWATER LTD SPONSORED ADR 82575P107   3,658,688 256,750 SH   SOLE   256,750 0 0
SOUTHWEST GAS HLDGS INC COM 844895102   4,897,224 61,200 SH   SOLE   61,200 0 0
STANDARD LITHIUM LTD COM 853606101   223,500 50,000 SH   SOLE   50,000 0 0
STAR GROUP L P UNIT LTD PARTNR 85512C105   40,266,739 3,400,907 SH   SOLE   3,400,907 0 0
TALEN ENERGY CORP COM 87422Q109   562,260 1,500 SH   DFND 1 0 1,500 0
TALEN ENERGY CORP COM 87422Q109   4,685,500 12,500 SH   SOLE   12,500 0 0
TARGA RES CORP COM 87612G101   350,550 1,900 SH   SOLE   1,900 0 0
TASEKO MINES LTD COM 876511106   65,090 11,500 SH   SOLE   11,500 0 0
TEEKAY TANKERS LTD CL A G8726X106   7,925,391 148,360 SH   SOLE   148,360 0 0
UGI CORP NEW COM 902681105   4,465,399 119,300 SH   SOLE   119,300 0 0
VALE S A SPONSORED ADS 91912E105   390,900 30,000 SH   SOLE   30,000 0 0
VANECK MERK GOLD ETF GOLD SHS 921078101   930,000 2,000 SH Put SOLE   2,000 0 0