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
CAMECO CORP COM 13321L108 10,030 883,735 SH   SOLE   883,735 0 0
ENSCO PLC SHS CLASS A G3157S106 283 79,400 SH   SOLE   79,400 0 0
TRANSOCEAN LTD REG SHS H8817H100 73,929 10,652,590 SH   SOLE   10,652,590 0 0
TRANSOCEAN INC DEB 893830BJ7 149,372 157,449,000 SH   SOLE   157,449,000 0 0
SEADRILL LTD COM G7998G106 20 2,018 SH   SOLE   2,018 0 0