VIKING FUND MANAGEMENT LLC Information

1 MAIN STREET NORTH, MINOT, North Dakota, 58701, (701) 852-5292

Report Date: 03/31/2013

Position Statistics:

Total Positions 53
New Positions 10
Increased Positions 22
Decreased Positions 25
Positions with Activity 47
Sold Out Positions 10
Total Mkt Value
(in $ millions)
511

Sector Weighting

Basic Materials 5.64%
Capital Goods 13%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 2.61%
Energy 64.24%
Financial
Healthcare
Services
Technology
Transportation 3.4%
Utilities 11.01%

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

53 Positions as of 03/31/2013

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
KODIAK OIL & GAS CORP COM 26,552 1,341 5.32 2,970,000
NATIONAL OILWELL VARCO INC COM 26,423 517 2.00 383,500
OASIS PETE INC NEW COM 26,174 -1,528 (5.52) 685,000
HALLIBURTON CO COM 23,805 -6,310 (20.95) 547,000
CONTINENTAL RESOURCES INC COM 21,835 -1,512 (6.48) 260,000
CAMERON INTERNATIONAL CORP COM 21,505 633 3.03 340,000
WHITING PETE CORP NEW COM 21,063 -1,465 (6.5) 460,000
OIL STS INTL INC COM 20,115 New 203,000
MDU RES GROUP INC COM 18,723 2,734 17.10 719,000
KINDER MORGAN INC DEL COM 18,000 1,011 5.95 445,000
SCHLUMBERGER LTD COM 17,262 3,091 21.81 229,000
TRINITY INDS INC COM 15,055 -3,964 (20.84) 357,000
LUFKIN INDS INC COM 14,570 New 165,000
WILLIAMS COS INC DEL COM 13,779 New 370,000
ARCHER DANIELS MIDLAND CO COM 13,322 13,322 New 390,000
ENSCO PLC SHS CLASS A 13,172 621 4.95 212,000
DRESSER-RAND GROUP INC COM 10,933 3,216 41.67 170,000
UNION PAC CORP COM 10,847 2,731 33.65 69,500
MOSAIC CO NEW COM 10,624 2,701 34.09 177,000
POTASH CORP SASK INC COM 10,448 10,448 New 250,000

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