EX-25.1 6 dex251.htm FORM T-1 FOR SENIOR INDENTURE Form T-1 for Senior Indenture

Exhibit 25.1

 


FORM T-1

 


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF ELIGIBILITY

UNDER THE TRUST INDENTURE ACT OF 1939 OF A

CORPORATION DESIGNATED TO ACT AS TRUSTEE

CHECK IF AN APPLICATION TO DETERMINE

ELIGIBILITY OF A TRUSTEE PURSUANT TO

SECTION 305(b)(2)    ¨

 


THE BANK OF NEW YORK TRUST COMPANY, N.A.

(Exact name of trustee as specified in its charter)

 


 

  95-3571558

(State of incorporation

if not a U.S. national bank)

 

(I.R.S. employer

identification no.)

 

700 South Flower Street

Suite 500

Los Angeles, California

  90017
(Address of principal executive offices)   (Zip code)

 


MARATHON OIL CORPORATION

(Exact name of obligor as specified in its charter)

 


 

Delaware   25-0996816

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. employer

identification no.)

 

5555 San Felipe Road

Houston, Texas

  77056-2723
(Address of principal executive offices)   (Zip Code)

 


Senior Debt Securities

 



 

1. General information. Furnish the following information as to the trustee:

 

  (a) Name and address of each examining or supervising authority to which it is subject.

 

Name

       

Address

Comptroller of the Currency

United States Department of the Treasury

      Washington, D.C. 20219
Federal Reserve Bank       San Francisco, California 94105
Federal Deposit Insurance Corporation       Washington, D.C. 20429

 

  (b) Whether it is authorized to exercise corporate trust powers.

Yes.

 

2. Affiliations with Obligor.

If the obligor is an affiliate of the trustee, describe each such affiliation.

None.

 

3-15. Not applicable.

 

16. List of Exhibits.

Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the “Act”) and 17 C.F.R. 229.10(d).

 

  1. A copy of the articles of association of The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-l filed with Registration Statement No. 333-121948).

 

  2. A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-l filed with Registration Statement No. 333-121948).

 

  3. A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-l filed with Registration Statement No. 333-121948).

 

  4. A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-l filed with Registration Statement No. 333-121948).

 

  6. The consent of the trustee required by Section 321(b) of the Act.

 

- 2 -


  7. A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.

SIGNATURE

Pursuant to the requirements of the Act, the trustee, The Bank of New York Trust Company, N.A., a banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of Houston, and State of Texas, on the 26th day of July, 2007.

 

THE BANK OF NEW YORK TRUST

COMPANY, N.A.

By:

 

/s/ Mauri J. Cowen

Name:

  Mauri J. Cowen

Title:

  Vice President

 

- 3 -


REPORT OF CONDITION

 


Consolidating domestic subsidiaries of

THE BANK OF NEW YORK TRUST COMPANY, NA

in the state of CA at close of business on March 31, 2007

published in response to call made by (Enter additional information below)

 

 

 

 

Statement of Resources and Liabilities

 

    

Dollar Amounts

in Thousands

ASSETS

     

Cash and balances due from depository institutions:

     

Noninterest-bearing balances and currency and coin

      2,391

Interest-bearing balances

      0

Securities:

     

Held-to-maturity securities

      40

Available-for-sale securities

      65,083

Federal funds sold and securities purchased under agreements to resell:

     

Federal funds sold

      48,400

Securities purchased under agreements to resell

      54,885

Loans and lease financing receivables:

     

Loans and leases held for sale

      0

Loans and leases, net of unearned income

   0   

LESS: Allowance for loan and lease losses

           0   

Loans and leases, net of unearned income and allowance

      0

Trading Assets

      0

Premises and fixed assets (including capitalized leases)

      8,755

Other real estate owned

      0

Investments in unconsolidated subsidiaries and associated companies

      0

Intangible assets:

     

Goodwill

      924,236

Other intangible assets

      270,030

Other assets

      143,616

Total assets

      1,517,436


REPORT OF CONDITION (Continued)

LIABILITIES

 

     

Dollar Amounts

in Thousands

Deposits:

     

In domestic offices

      1,691

Noninterest- bearing

   1,691   

Interest-bearing

   0   

Federal funds purchased and securities sold under agreements to repurchase:

     

Federal funds purchased

      0

Securities sold under agreements to repurchase

      0

Trading liabilities

      0

Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)

      118,691

Subordinated notes and debentures

      0

Other liabilities

      126,416

Total liabilities

      246,798

Minority interest in consolidated subsidiaries

      0

EQUITY CAPITAL

     

Perpetual preferred stock and related surplus

      0

Common stock

      1,000

Surplus (exclude all surplus related to preferred stock)

      1,121,520

Retained earnings

      148,100

Accumulated other comprehensive income

      18

Other equity capital components

      0

Total equity capital

      1,270,638

Total liabilities, minority interest, and equity capital

      1,517,436

 

We, the undersigned directors, attest to the

correctness of this statement of resources and liabilities.

We declare that it has been examined by us, and to

the best of our knowledge and belief has been

prepared in conformance with the instructions

and is true and correct.

  

I, Karen Bayz, Vice President /s/ Karen Bayz

  

(Name, Title)

  

of the above named bank do hereby declare

that this Report of Condition is true and

correct to the best of my knowledge and belief.

 

Director #1

   Michael K. Klugman, President   

/s/ Michael K. Klugman

  

Director #2

   Frank Sulzberger, MD   

/s/ Frank Sulzberger

  

Director #3

   Michael McFadden, MD   

/s/ Michael McFadden