Certain information about select portfolio companies as of June 30, 2018(1)
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| Instrument detail | Class | Investment classification | E&P sub sector | Fair market value | Advance rate | Borrowing base | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | | | | | | | | | | | | | | | |
Abaco Energy Technologies LLC, L+950, 1.0% LIBOR Floor, 11/20/2020 | Senior Secured Loans—1st Lien | Broadly Syndicated / Other | Service & Equipment | 55,978,581 | 56.25 | % | 31,487,952 | |||||||||
Altus Power America, Inc., L+750, 1.5% LIBOR Floor, 9/30/2021 | Senior Secured Loans—1st Lien | Direct Origination | Power | 29,457,422 | 56.25 | % | 16,569,800 | |||||||||
ARB Midstream Operating Company, LLC, L+725, 1.0% LIBOR Floor, 11/3/2021 | Senior Secured Loans—1st Lien | Direct Origination | Midstream | 1,258,600 | 56.25 | % | 707,963 | |||||||||
Eagle Midstream Canada Finance Inc., 8.5%, 9/27/2020 | Senior Secured Loans—1st Lien | Direct Origination | Midstream | 69,300,000 | 56.25 | % | 38,981,250 | |||||||||
Fortis Minerals Intermediate Holdings, LLC, L+625, 1.0% LIBOR Floor, 2/16/2025 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 4,659,984 | 56.25 | % | 2,621,241 | |||||||||
Industrial Group Intermediate Holdings, LLC, L+800, 1.3% LIBOR Floor, 5/31/2020 | Senior Secured Loans—1st Lien | Direct Origination | Service & Equipment | 9,201,041 | 56.25 | % | 5,175,586 | |||||||||
Kraken Oil & Gas LLC, L+750, 1.0% LIBOR Floor, 5/7/2021 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 18,239,920 | 56.25 | % | 10,259,955 | |||||||||
NNE Holding LLC, L+800, 3/2/2022 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 30,777,542 | 56.25 | % | 17,312,367 | |||||||||
Permian Production Partners LLC, L+600, 1.0% LIBOR Floor, 5/18/2024 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 40,152,000 | 56.25 | % | 22,585,500 | |||||||||
Swift Worldwide Resources US Holdings Corp., L+1000, 1.0% LIBOR Floor, 1.0% PIK, 7/20/2021 | Senior Secured Loans—1st Lien | Direct Origination | Service & Equipment | 44,673,863 | 56.25 | % | 25,129,048 | |||||||||
Warren Resources, Inc., L+900, 1.0% LIBOR Floor, 1.0% PIK, 5/22/2020 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 10,891,645 | 56.25 | % | 6,126,551 | |||||||||
Aethon United BR LP, L+675, 1.0% LIBOR Floor, 9/8/2023 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 34,838,361 | 56.25 | % | 19,596,578 | |||||||||
Arena Energy, LP, L+900, 1.0% LIBOR Floor, 4.0% PIK, 1/24/2021 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 43,937,763 | 56.25 | % | 24,714,992 | |||||||||
Chisholm Oil and Gas Operating, LLC, L+800, 1.0% LIBOR Floor, 3/21/2024 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 77,871,427 | 56.25 | % | 43,802,678 | |||||||||
Penn Virginia Holdings Corp., L+700, 1.0% LIBOR Floor, 9/29/2022 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 12,105,600 | 56.25 | % | 6,809,400 | |||||||||
SilverBow Resources, Inc., L+750, 1.0% LIBOR Floor, 12/15/2024 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 7,616,720 | 56.25 | % | 4,284,405 | |||||||||
Black Swan Energy Ltd., 9.0%, 1/20/2024 | Senior Secured Bonds | Direct Origination | Upstream | 44,550,000 | 56.25 | % | 25,059,375 | |||||||||
FourPoint Energy, LLC, 9.0%, 12/31/2021 | Senior Secured Bonds | Direct Origination | Upstream | 65,952,563 | 56.25 | % | 37,098,316 | |||||||||
Velvet Energy Ltd., 9.0%, 10/5/2023 | Senior Secured Bonds | Direct Origination | Upstream | 94,050,000 | 56.25 | % | 52,903,125 | |||||||||
Ascent Resources Utica Holdings, LLC, 10.0%, 4/1/2022 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 61,119,375 | 56.25 | % | 34,379,648 | |||||||||
Canbriam Energy Inc., 9.8%, 11/15/2019 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 83,195,330 | 56.25 | % | 46,797,373 | |||||||||
Hammerhead Resources Inc., 9.0%, 7/10/2022 | Subordinated Debt | Direct Origination | Upstream | 72,562,500 | 56.25 | % | 40,816,406 | |||||||||
Total | $ | 912,390,237 | 56.25 | % | $ | 513,219,508 | ||||||||||
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1
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| Instrument detail | Class | Investment classification | E&P sub sector | Fair market value | Advance rate | Borrowing base | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | | | | | | | | | | | | | | | |
Abaco Energy Technologies LLC, L+950, 1.0% LIBOR Floor, 11/20/2020 | Senior Secured Loans—1st Lien | Broadly Syndicated / Other | Service & Equipment | 18,659,527 | 70.00 | % | 13,061,669 | |||||||||
Altus Power America, Inc., L+750, 1.5% LIBOR Floor, 9/30/2021 | Senior Secured Loans—1st Lien | Direct Origination | Power | 23,320,459 | 60.00 | % | 13,992,275 | |||||||||
ARB Midstream Operating Company, LLC, L+725, 1.0% LIBOR Floor, 11/3/2021 | Senior Secured Loans—1st Lien | Direct Origination | Midstream | 896,753 | 60.00 | % | 538,052 | |||||||||
BL Sand Hills Unit, L.P., Prime+650, 3.5% Prime Floor, 12/17/2021 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 9,500,000 | 60.00 | % | 5,700,000 | |||||||||
Compass Power Generation LLC, L+375, 1.0% LIBOR Floor, 12/20/2024 | Senior Secured Loans—1st Lien | Broadly Syndicated / Other | Power | 1,435,153 | 70.00 | % | 1,004,607 | |||||||||
Eagle Midstream Canada Finance Inc., 8.5%, 9/27/2020 | Senior Secured Loans—1st Lien | Direct Origination | Midstream | 60,000,000 | 50.13 | % | 30,078,101 | |||||||||
Felix Investments Holdings II, LLC, L+650, 1.0% LIBOR Floor, 8/9/2022 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 1,859,366 | 60.00 | % | 1,115,619 | |||||||||
Fortis Minerals Intermediate Holdings, LLC, L+625, 1.0% LIBOR Floor, 2/16/2025 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 3,320,239 | 60.00 | % | 1,992,143 | |||||||||
Industrial Group Intermediate Holdings, LLC, L+800, 1.3% LIBOR Floor, 5/31/2020 | Senior Secured Loans—1st Lien | Direct Origination | Service & Equipment | 6,555,742 | 60.00 | % | 3,933,445 | |||||||||
JSS Holdings, Inc., L+800, 1.0% LIBOR Floor, 3/31/2023 | Senior Secured Loans—1st Lien | Direct Origination | Service & Equipment | 7,424,939 | 60.00 | % | 4,454,963 | |||||||||
Kraken Oil & Gas LLC, L+750, 1.0% LIBOR Floor, 5/7/2021 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 12,995,943 | 60.00 | % | 7,797,566 | |||||||||
New Age (African Global Energy) Limited, 15.0%, 6/28/2020 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 795,129 | 60.00 | % | 477,078 | |||||||||
ORYX Southern Delaware Holdings, L+325, 1.0% LIBOR Floor, 2/28/2025 | Senior Secured Loans—1st Lien | Broadly Syndicated / Other | Midstream | 19,750,500 | 70.00 | % | 13,825,350 | |||||||||
Power Distribution, Inc., L+725, 1.3% LIBOR Floor, 1/25/2023 | Senior Secured Loans—1st Lien | Direct Origination | Power | 14,344,423 | 60.00 | % | 8,606,654 | |||||||||
Strike, LLC, L+800, 1.0% LIBOR Floor, 11/30/2022 | Senior Secured Loans—1st Lien | Broadly Syndicated / Other | Midstream | 11,162,871 | 70.00 | % | 7,814,010 | |||||||||
Strike, LLC, Letter of Credit, L+800, 1.0% LIBOR Floor, 5/30/2019 | Senior Secured Loans—1st Lien | Broadly Syndicated / Other | Midstream | 1,531,072 | 70.00 | % | 1,071,750 | |||||||||
Swift Worldwide Resources US Holdings Corp., L+1000, 1.0% LIBOR Floor, 1.0% PIK, 7/20/2021 | Senior Secured Loans—1st Lien | Direct Origination | Service & Equipment | 7,073,362 | 60.00 | % | 4,244,017 | |||||||||
Traverse Midstream Partners LLC, L+400, 1.0% LIBOR Floor, 9/27/2024 | Senior Secured Loans—1st Lien | Broadly Syndicated / Other | Midstream | 50,000,000 | 63.18 | % | 31,591,118 | |||||||||
Warren Resources, Inc., L+900, 1.0% LIBOR Floor, 1.0% PIK, 5/22/2020 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 7,760,297 | 60.00 | % | 4,656,178 | |||||||||
Aethon United BR LP, L+675, 1.0% LIBOR Floor, 9/8/2023 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 24,822,332 | 45.00 | % | 11,170,050 | |||||||||
Chisholm Oil and Gas Operating, LLC, L+800, 1.0% LIBOR Floor, 3/21/2024 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 55,483,392 | 38.83 | % | 21,542,339 | |||||||||
Granite Acquisition, Inc., L+725, 1.0% LIBOR Floor, 12/19/2022 | Senior Secured Loans—2nd Lien | Broadly Syndicated / Other | Power | 20,660,114 | 55.00 | % | 11,363,063 | |||||||||
Horn Intermediate Holdings, Inc., L+775, 1.3% LIBOR Floor, 10/2/2018 | Senior Secured Loans—2nd Lien | Direct Origination | Service & Equipment | 23,868,750 | 45.00 | % | 10,740,938 | |||||||||
P2 Upstream Acquisition Co., L+800, 1.0% LIBOR Floor, 4/30/2021 | Senior Secured Loans—2nd Lien | Broadly Syndicated / Other | Service & Equipment | 14,330,806 | 55.00 | % | 7,881,943 | |||||||||
Penn Virginia Holdings Corp., L+700, 1.0% LIBOR Floor, 9/29/2022 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 8,625,240 | 45.00 | % | 3,881,358 | |||||||||
Rosehill Operating Company, LLC, 10.0%, 1/31/2023 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 806,708 | 45.00 | % | 363,019 | |||||||||
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2
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| Instrument detail | Class | Investment classification | E&P sub sector | Fair market value | Advance rate | Borrowing base | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | | | | | | | | | | | | | | |
SilverBow Resources, Inc., L+750, 1.0% LIBOR Floor, 12/15/2024 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 5,426,913 | 45.00% | 2,442,111 | |||||||||
UTEX Industries, Inc., L+725, 1.0% LIBOR Floor, 5/20/2022 | Senior Secured Loans—2nd Lien | Broadly Syndicated / Other | Service & Equipment | 37,095,070 | 55.00% | 20,402,289 | |||||||||
Bioenergy Infrastructure Holdings Limited, L+725, 1.0% LIBOR Floor, 11/1/2022 | Senior Secured Bonds | Direct Origination | Power | 355,788 | 55.00% | 195,683 | |||||||||
Black Swan Energy Ltd., 9.0%, 1/20/2024 | Senior Secured Bonds | Direct Origination | Upstream | 21,161,250 | 55.00% | 11,638,688 | |||||||||
FourPoint Energy, LLC, 9.0%, 12/31/2021 | Senior Secured Bonds | Direct Origination | Upstream | 66,714,040 | 44.10% | 29,417,954 | |||||||||
Ridgeback Resources Inc., 12.0%, 12/29/2020 | Senior Secured Bonds | Direct Origination | Upstream | 1,846,325 | 55.00% | 1,015,479 | |||||||||
Talos Production LLC, 11.0%, 4/3/2022 | Senior Secured Bonds | Broadly Syndicated / Other | Upstream | 21,622,297 | 65.00% | 14,054,493 | |||||||||
Velvet Energy Ltd., 9.0%, 10/5/2023 | Senior Secured Bonds | Direct Origination | Upstream | 31,350,000 | 55.00% | 17,242,500 | |||||||||
Ascent Resources Utica Holdings, LLC, 10.0%, 4/1/2022 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 67,740,641 | 39.86% | 27,000,244 | |||||||||
Bellatrix Exploration Ltd., 8.5%, 5/15/2020 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 19,013,121 | 50.00% | 9,506,560 | |||||||||
Canbriam Energy Inc., 9.8%, 11/15/2019 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 13,172,594 | 50.00% | 6,586,297 | |||||||||
Compressco Partners, LP, 7.3%, 8/15/2022 | Subordinated Debt | Broadly Syndicated / Other | Service & Equipment | 8,290,917 | 50.00% | 4,145,459 | |||||||||
Covey Park Energy LLC, 7.5%, 5/15/2025 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 20,171,168 | 50.00% | 10,085,584 | |||||||||
Eclipse Resources Corp., 8.9%, 7/15/2023 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 12,312,101 | 50.00% | 6,156,050 | |||||||||
Global Partners L.P., 6.3%, 7/15/2022 | Subordinated Debt | Broadly Syndicated / Other | Midstream | 3,970,466 | 50.00% | 1,985,233 | |||||||||
Great Western Petroleum, LLC, 8.5%, 4/6/2023 | Subordinated Debt | Direct Origination | Upstream | 6,280,196 | 40.00% | 2,512,078 | |||||||||
Great Western Petroleum, LLC, 9.0%, 9/30/2021 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 17,491,534 | 50.00% | 8,745,767 | |||||||||
Hammerhead Resources Inc., 9.0%, 7/10/2022 | Subordinated Debt | Direct Origination | Upstream | 11,489,063 | 50.00% | 5,744,531 | |||||||||
Lonestar Resources America Inc., 11.3%, 1/1/2023 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 12,709,219 | 50.00% | 6,354,609 | |||||||||
Martin Midstream Partners L.P., 7.3%, 2/15/2021 | Subordinated Debt | Broadly Syndicated / Other | Midstream | 5,982,991 | 50.00% | 2,991,495 | |||||||||
Moss Creek Resources, LLC, 7.5%, 1/15/2026 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 14,027,938 | 50.00% | 7,013,969 | |||||||||
Total | $ | 805,206,747 | 51.93% | $ | 418,134,379 | ||||||||||
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3
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| Instrument detail | Class | Investment classification | E&P sub sector | Fair market value | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| | | | | | | | | | | |
Allied Wireline Services, LLC, L+400, 1.5% LIBOR Floor, 5.5% PIK, 6/30/2020 | Senior Secured Loans—1st Lien | Direct Origination | Service & Equipment | 113,665,324 | ||||||
Altus Power America, Inc., L+750, 1.5% LIBOR Floor, 9/30/2021 | Senior Secured Loans—1st Lien | Direct Origination | Power | 25,775,244 | ||||||
ARB Midstream Operating Company, LLC, L+725, 1.0% LIBOR Floor, 11/3/2021 | Senior Secured Loans—1st Lien | Direct Origination | Midstream | 991,148 | ||||||
BL Sand Hills Unit, L.P., Prime+650, 3.5% Prime Floor, 12/17/2021 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 10,500,000 | ||||||
Cimarron Energy Inc., L+1150 PIK, 1.0% LIBOR Floor, 12/15/2019 | Senior Secured Loans—1st Lien | Direct Origination | Service & Equipment | 12,771,338 | ||||||
Compass Power Generation LLC, L+375, 1.0% LIBOR Floor, 12/20/2024 | Senior Secured Loans—1st Lien | Broadly Syndicated / Other | Power | 1,562,599 | ||||||
Eagle Midstream Canada Finance Inc., 8.5%, 9/27/2020 | Senior Secured Loans—1st Lien | Direct Origination | Midstream | 43,950,000 | ||||||
Felix Investments Holdings II, LLC, L+650, 1.0% LIBOR Floor, 8/9/2022 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 2,055,088 | ||||||
Fortis Minerals Intermediate Holdings, LLC, L+625, 1.0% LIBOR Floor, 2/16/2025 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 3,669,737 | ||||||
Industrial Group Intermediate Holdings, LLC, L+800, 1.3% LIBOR Floor, 5/31/2020 | Senior Secured Loans—1st Lien | Direct Origination | Service & Equipment | 7,245,820 | ||||||
JSS Holdings, Inc., L+800, 1.0% LIBOR Floor, 3/31/2023 | Senior Secured Loans—1st Lien | Direct Origination | Service & Equipment | 8,231,647 | ||||||
Kraken Oil & Gas LLC, L+750, 1.0% LIBOR Floor, 5/7/2021 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 14,363,937 | ||||||
MB Precision Holdings LLC, L+725, 1.3% LIBOR Floor, 2.3% PIK, 1/23/2021 | Senior Secured Loans—1st Lien | Direct Origination | Service & Equipment | 10,019,008 | ||||||
New Age (African Global Energy) Limited, 15.0%, 6/28/2020 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 896,823 | ||||||
Power Distribution, Inc., L+725, 1.3% LIBOR Floor, 1/25/2023 | Senior Secured Loans—1st Lien | Direct Origination | Power | 15,854,363 | ||||||
Strike, LLC, L+800, 1.0% LIBOR Floor, 11/30/2022 | Senior Secured Loans—1st Lien | Broadly Syndicated / Other | Midstream | 12,337,910 | ||||||
Strike, LLC, Letter of Credit, L+800, 1.0% LIBOR Floor, 5/30/2019 | Senior Secured Loans—1st Lien | Broadly Syndicated / Other | Midstream | 1,692,237 | ||||||
Swift Worldwide Resources US Holdings Corp., L+1000, 1.0% LIBOR Floor, 1.0% PIK, 7/20/2021 | Senior Secured Loans—1st Lien | Direct Origination | Service & Equipment | 7,817,926 | ||||||
Traverse Midstream Partners LLC, L+400, 1.0% LIBOR Floor, 9/27/2024 | Senior Secured Loans—1st Lien | Broadly Syndicated / Other | Midstream | 24,758,417 | ||||||
Warren Resources, Inc., L+900, 1.0% LIBOR Floor, 1.0% PIK, 5/22/2020 | Senior Secured Loans—1st Lien | Direct Origination | Upstream | 8,577,171 | ||||||
Aethon United BR LP, L+675, 1.0% LIBOR Floor, 9/8/2023 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 27,435,209 | ||||||
Arena Energy, LP, L+900, 1.0% LIBOR Floor, 4.0% PIK, 1/24/2021 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 65,906,644 | ||||||
Chisholm Oil and Gas Operating, LLC, L+800, 1.0% LIBOR Floor, 3/21/2024 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 61,323,749 | ||||||
Granite Acquisition, Inc., L+725, 1.0% LIBOR Floor, 12/19/2022 | Senior Secured Loans—2nd Lien | Broadly Syndicated / Other | Power | 1,782,231 | ||||||
Horn Intermediate Holdings, Inc., L+775, 1.3% LIBOR Floor, 10/2/2018 | Senior Secured Loans—2nd Lien | Direct Origination | Service & Equipment | 26,381,250 | ||||||
Penn Virginia Holdings Corp., L+700, 1.0% LIBOR Floor, 9/29/2022 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 9,533,160 | ||||||
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4
| | | | | | | | | |
| Instrument detail | Class | Investment classification | E&P sub sector | Fair market value | ||||
|---|---|---|---|---|---|---|---|---|
| | | | | | | | | |
Rosehill Operating Company, LLC, 10.0%, 1/31/2023 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 891,625 | ||||
SilverBow Resources, Inc., L+750, 1.0% LIBOR Floor, 12/15/2024 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 5,998,167 | ||||
Titan Energy Operating, LLC, L+1300 PIK, 1.0% LIBOR Floor, 2/23/2020 | Senior Secured Loans—2nd Lien | Direct Origination | Upstream | 21,881,451 | ||||
Bioenergy Infrastructure Holdings Limited, L+725, 1.0% LIBOR Floor, 11/1/2022 | Senior Secured Bonds | Direct Origination | Power | 503,587 | ||||
Black Swan Energy Ltd., 9.0%, 1/20/2024 | Senior Secured Bonds | Direct Origination | Upstream | 23,388,750 | ||||
FourPoint Energy, LLC, 9.0%, 12/31/2021 | Senior Secured Bonds | Direct Origination | Upstream | 107,160,898 | ||||
Ridgeback Resources Inc., 12.0%, 12/29/2020 | Senior Secured Bonds | Direct Origination | Upstream | 2,040,675 | ||||
Sunnova Energy Corp., 6.0%, 6.0% PIK, 1/24/2019 | Senior Secured Bonds | Direct Origination | Power | 25,983,643 | ||||
Talos Production LLC, 11.0%, 4/3/2022 | Senior Secured Bonds | Broadly Syndicated / Other | Upstream | 23,898,328 | ||||
Ascent Resources Utica Holdings, LLC, 10.0%, 4/1/2022 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 74,871,234 | ||||
Bellatrix Exploration Ltd., 8.5%, 5/15/2020 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 21,014,502 | ||||
Canbriam Energy Inc., 9.8%, 11/15/2019 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 14,559,183 | ||||
Compressco Partners, LP, 7.3%, 8/15/2022 | Subordinated Debt | Broadly Syndicated / Other | Service & Equipment | 9,163,645 | ||||
Covey Park Energy LLC, 7.5%, 5/15/2025 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 22,294,449 | ||||
Eclipse Resources Corp., 8.9%, 7/15/2023 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 13,608,111 | ||||
Global Partners L.P., 6.3%, 7/15/2022 | Subordinated Debt | Broadly Syndicated / Other | Midstream | 4,388,410 | ||||
Great Western Petroleum, LLC, 8.5%, 4/6/2023 | Subordinated Debt | Direct Origination | Upstream | 6,941,269 | ||||
Great Western Petroleum, LLC, 9.0%, 9/30/2021 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 19,332,748 | ||||
Hammerhead Resources Inc., 9.0%, 7/10/2022 | Subordinated Debt | Direct Origination | Upstream | 12,698,438 | ||||
Lonestar Resources America Inc., 11.3%, 1/1/2023 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 14,047,031 | ||||
Martin Midstream Partners L.P., 7.3%, 2/15/2021 | Subordinated Debt | Broadly Syndicated / Other | Midstream | 6,612,779 | ||||
Moss Creek Resources, LLC, 7.5%, 1/15/2026 | Subordinated Debt | Broadly Syndicated / Other | Upstream | 15,504,563 | ||||
Tenrgys, LLC, L+900, 2.5% LIBOR Floor, 12/23/2018 | Subordinated Debt | Direct Origination | Upstream | 45,281,250 | ||||
Global Jet Capital Inc., 15.0% PIK, 1/30/2025 | Subordinated Debt | Direct Origination | Service & Equipment | 907,701 | ||||
Global Jet Capital Inc., 15.0% PIK, 12/2/2026 | Subordinated Debt | Direct Origination | Service & Equipment | 981,973 | ||||
Global Jet Capital Inc., 15.0% PIK, 4/30/2025 | Subordinated Debt | Direct Origination | Service & Equipment | 5,761,691 | ||||
Global Jet Capital Inc., 15.0% PIK, 9/29/2025 | Subordinated Debt | Direct Origination | Service & Equipment | 1,119,469 | ||||
Global Jet Capital Inc., 15.0% PIK, 9/3/2025 | Subordinated Debt | Direct Origination | Service & Equipment | 1,189,141 | ||||
Abaco Energy Technologies LLC, 8.0% PIK, Preferred Equity—Equity | Preferred Equity | Direct Origination | Service & Equipment | 12,300,351 | ||||
Altus Power America Holdings, LLC, 9.0%, 5.0% PIK, 10/3/2023, Preferred Equity—Debt | Preferred Equity | Direct Origination | Power | 26,890,244 | ||||
Global Jet Capital Holdings, LP, Preferred Equity—Equity | Preferred Equity | Direct Origination | Service & Equipment | 1,880,255 | ||||
Great Western Petroleum, LLC—Preferred Equity | Preferred Equity | Direct Origination | Upstream | 36,363,364 | ||||
NuStar, 9.8%, Preferred Equity—Equity | Preferred Equity | Direct Origination | Midstream | 101,694,919 | ||||
Rosehill Resources, Inc.—Preferred Equity | Preferred Equity | Direct Origination | Upstream | 2,561,360 | ||||
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5
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| Instrument detail | Class | Investment classification | E&P sub sector | Fair market value | ||||
|---|---|---|---|---|---|---|---|---|
| | | | | | | | | |
Segreto Power Holdings, LLC, Preferred Equity | Preferred Equity | Broadly Syndicated / Other | Power | 70,297,258 | ||||
Sunnova Energy Corp., Preferred Equity—Equity | Preferred Equity | Direct Origination | Power | 5,558,140 | ||||
Synergy Offshore LLC, 7/15/2018, Preferred Equity—Debt | Preferred Equity | Direct Origination | Upstream | 25,322,613 | ||||
TE Holdings, LLC, 8.0% PIK, Preferred Equity—Equity | Preferred Equity | Broadly Syndicated / Other | Upstream | 10,328,714 | ||||
USA Compression Partners, LP, 9.8%, Preferred Equity | Preferred Equity | Direct Origination | Midstream | 81,327,258 | ||||
Abaco Energy Technologies LLC, Common Equity | Common Equity / Other | Direct Origination | Service & Equipment | 2,517,361 | ||||
Allied Downhole Technologies, LLC, 2/28/2019, Warrants | Common Equity / Other | Direct Origination | Service & Equipment | 6,680,850 | ||||
Allied Downhole Technologies, LLC, Common Equity | Common Equity / Other | Direct Origination | Service & Equipment | 9,288,892 | ||||
Altus Power America Holdings, LLC, Common Equity | Common Equity / Other | Direct Origination | Power | 2,182,986 | ||||
Ascent Resources Utica Holdings, LLC, Common Equity | Common Equity / Other | Direct Origination | Upstream | 39,031,889 | ||||
BL Sand Hills Unit, L.P. ORRI | Common Equity / Other | Direct Origination | Upstream | 740,611 | ||||
BL Sand Hills Unit, L.P. Series A Units | Common Equity / Other | Direct Origination | Upstream | 7,103,136 | ||||
BL Sand Hills Unit, L.P., Net Profits Interest | Common Equity / Other | Direct Origination | Upstream | 1,077,405 | ||||
Chisholm Oil and Gas, LLC, Series A Units | Common Equity / Other | Direct Origination | Upstream | 11,921,700 | ||||
Harvest Oil & Gas Corp., Common Equity | Common Equity / Other | Broadly Syndicated / Other | Upstream | 29,713,640 | ||||
FourPoint Energy, LLC, Common Equity, Class C-II-A Units | Common Equity / Other | Direct Origination | Upstream | 19,305,000 | ||||
FourPoint Energy, LLC, Common Equity, Class D Units | Common Equity / Other | Direct Origination | Upstream | 3,650,330 | ||||
FourPoint Energy, LLC, Common Equity, Class E-II Units | Common Equity / Other | Direct Origination | Upstream | 43,960,518 | ||||
FourPoint Energy, LLC, Common Equity, Class E-III Units | Common Equity / Other | Direct Origination | Upstream | 65,154,375 | ||||
Industrial Group Intermediate Holdings, LLC, Common Equity | Common Equity / Other | Direct Origination | Service & Equipment | 354,566 | ||||
JSS Holdco, LLC, Net Profits Interest | Common Equity / Other | Direct Origination | Service & Equipment | 87,763 | ||||
PDI Parent LLC, Common Equity | Common Equity / Other | Direct Origination | Power | 1,315,385 | ||||
Ridgeback Resources Inc., Common Equity | Common Equity / Other | Direct Origination | Upstream | 64,135,877 | ||||
Swift Worldwide Resources Holdco Limited, Common Equity | Common Equity / Other | Direct Origination | Service & Equipment | 1,875,000 | ||||
TE Holdings, LLC, Common Equity | Common Equity / Other | Broadly Syndicated / Other | Upstream | 2,448,546 | ||||
USA Compression Partners, LP, Warrants (Market) | Common Equity / Other | Direct Origination | Midstream | 1,348,711 | ||||
USA Compression Partners, LP, Warrants (Premium) | Common Equity / Other | Direct Origination | Midstream | 1,745,390 | ||||
Warren Resources, Inc., Common Equity | Common Equity / Other | Direct Origination | Upstream | 16,559,059 | ||||
White Star Petroleum Holdings, LLC, Common Equity | Common Equity / Other | Direct Origination | Upstream | 2,129,349 | ||||
Total | $1,729,975,506 | |||||||
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6
