Enlightened-American: Boone Pickens (BP Capital) Q2 2008 13F-HR Filing
Quarter Ending 06/30/2008			Back to the Enlightened American Website
Boone Pickens (BP Capital)
		*****  NEW POSITIONS TAKEN
% pos ch	% val ch	Change	COMPANY	Cur. Pos.	Prev. Pos.	Approx PPS	Prev PPS	Value	Prev Value
N/A	N/A		BPZ RESOURCES INC	350,000		$29.40		$10,290,000
N/A	N/A		CHESAPEAKE ENERGY CORP	1,838,129		$65.96		$121,243,000
N/A	N/A		DEVON ENERGY CORP NEW	845,946		$120.16		$101,649,000
N/A	N/A		EOG RES INC	322,266		$131.20		$42,281,000
N/A	N/A		TENARIS SA	1,106,394		$74.50		$82,426,000
		*****  SOLD OFF
% pos ch	% val ch	Change	COMPANY	Cur. Pos.	Prev. Pos.	Approx PPS	Prev PPS	Value	Prev Value
N/A	N/A		TITANIUM METALS CORP		1,102,456		$15.05		$16,592,000
		*****  HOLD POSITIONS
% pos ch	% val ch	Change	COMPANY	Cur. Pos.	Prev. Pos.	Approx PPS	Prev PPS	Value	Prev Value
0.00%	-14.01%		CLEAN ENERGY FUELS CORP	396,464	396,464	$11.49	$13.36	$4,555,000	$5,297,000
0.00%	74.86%		INTEROIL CORP	951,616	951,616	$28.80	$16.47	$27,406,000	$15,673,000
		*****  AUGMENTED POSITIONS
% pos ch	% val ch	Change	COMPANY	Cur. Pos.	Prev. Pos.	Approx PPS	Prev PPS	Value	Prev Value
2.88%	5.20%	78,080	ABB LTD.	2,786,802	2,708,722	$28.32	$26.92	$78,922,000	$72,919,000
2.89%	16.13%	12,695	CHEVRON CORP NEW	451,688	438,993	$99.13	$85.36	$44,776,000	$37,472,000
2.88%	27.84%	88,520	DENBURY RESOURCES INC NEW	3,159,433	3,070,913	$36.50	$28.55	$115,319,000	$87,675,000
2.88%	27.15%	27,245	DRESSER-RAND GROUP INC	972,375	945,130	$39.10	$30.75	$38,020,000	$29,063,000
2.88%	31.82%	17,603	FLUOR CORP NEW	628,276	610,673	$186.08	$141.16	$116,910,000	$86,203,000
2.88%	-23.46%	16,724	GREENBRIER COMPANIESINC	596,910	580,186	$20.30	$26.52	$12,117,000	$15,387,000
65.78%	34.93%	971,124	HALLIBURTON CO	2,447,470	1,476,346	$53.07	$39.33	$129,887,000	$58,065,000
2.88%	9.66%	26,180	JACOBS ENGR GROUP INC DEL	934,433	908,253	$80.70	$73.59	$75,409,000	$66,838,000
2.88%	25.89%	18,016	KBR INC	643,006	624,990	$34.91	$27.73	$22,447,000	$17,331,000
2.88%	59.16%	29,318	MCMORAN EXPLORATION CO	1,046,469	1,017,151	$27.52	$17.29	$28,799,000	$17,587,000
2.88%	22.81%	57,587	OCCIDENTAL PETE CORP DEL	2,055,382	1,997,795	$89.86	$73.17	$184,697,000	$146,179,000
2.88%	64.96%	29,564	SANDRIDGE ENERGY INC	1,055,185	1,025,621	$64.58	$39.15	$68,144,000	$40,153,000
11.62%	23.48%	133,925	SCHLUMBERGER LTD	1,286,291	1,152,366	$107.43	$87.00	$138,186,000	$100,256,000
17.67%	31.08%	120,999	SHAW GROUP INC	805,641	684,642	$61.79	$47.14	$49,781,000	$32,274,000
105.76%	-40.91%	1,328,172	SUNCOR ENERGY INC	2,583,949	1,255,777	$56.93	$96.35	$147,112,000	$120,994,000
19.82%	22.47%	600,064	TALISMAN ENERGY INC	3,627,183	3,027,119	$21.68	$17.70	$78,630,000	$53,580,000
66.67%	10.75%	477,852	XTO ENERGY INC	1,194,614	716,762	$68.51	$61.86	$81,843,000	$44,339,000
2.88%	29.19%	20,960	FOSTER WHEELER LTD	748,137	727,177	$73.15	$56.62	$54,726,000	$41,173,000
2.88%	12.71%	31,285	TRANSOCEAN INC NEW	1,116,650	1,085,365	$152.39	$135.20	$170,166,000	$146,741,000
250.44%	-31.57%	1,378,388	WEATHERFORD INTERNATIONAL LT	1,928,785	550,397	$49.59	$72.47	$95,648,000	$39,887,000
		*****  REDUCED POSITIONS
% pos ch	% val ch	Change	COMPANY	Cur. Pos.	Prev. Pos.	Approx PPS	Prev PPS	Value	Prev Value