EX-25.1 19 d15719exv25w1.htm STATEMENT OF ELIGIBILTIY UNDER TRUST INDENTURE ACT exv25w1
 

EXHIBIT 25.1



FORM T-1

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) [  ]


WELLS FARGO BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)
     
Not Applicable
  94-1347393
(State of incorporation
  (I.R.S. employer
if not a U.S. national bank)
  identification no.)
 
   
505 Main Street, Suite 301
   
Fort Worth, Texas
  76102
(Address of principal executive offices)
  (Zip code)

Wells Fargo & Company
Law Department, Trust Section
MAC N9305-172
Sixth and Marquette, 17th Floor
Minneapolis, MN 55479
(agent for services)


ENCORE ACQUISITION COMPANY
(Exact name of obligor as specified in its charter)

     
Delaware
  75-2759650
(State or other jurisdiction of
  (I.R.S. employer
incorporation or organization)
  identification no.)
 
   
777 Main Street, Suite 1400
   
Fort Worth, Texas
  76102
(Address of principal executive offices)
  (Zip code)

 


 

ENCORE OPERATING, L.P.
(Exact name of obligor as specified in its charter)

     
Texas
  75-2807888
(State or other jurisdiction of
  (I.R.S. employer
incorporation or organization)
  identification no.)
 
   
777 Main Street, Suite 1400
   
Fort Worth, Texas
  76102
(Address of principal executive offices)
  (Zip code)

EAP OPERATING, INC.
(Exact name of obligor as specified in its charter)

     
Delaware
  75-2807621
(State or other jurisdiction of
  (I.R.S. employer
incorporation or organization)
  identification no.)
 
   
777 Main Street, Suite 1400
   
Fort Worth, Texas
  76102
(Address of principal executive offices)
  (Zip code)

EAP ENERGY, INC.
(Exact name of obligor as specified in its charter)

     
Delaware
  75-2807622
(State or other jurisdiction of
  (I.R.S. employer
incorporation or organization)
  identification no.)
 
   
777 Main Street, Suite 1400
   
Fort Worth, Texas
  76102
(Address of principal executive offices)
  (Zip code)

EAP ENERGY SERVICES, L.P.
(Exact name of obligor as specified in its charter)

     
Texas
  75-2808458
(State or other jurisdiction of
  (I.R.S. employer
incorporation or organization)
  identification no.)
 
   
777 Main Street, Suite 1400
   
Fort Worth, Texas
  76102
(Address of principal executive offices)
  (Zip code)

 


 

EAP PROPERTIES, INC.
(Exact name of obligor as specified in its charter)

     
Delaware
  75-2807620
(State or other jurisdiction of
  (I.R.S. employer
incorporation or organization)
  identification no.)
 
   
1209 Orange Street
   
Wilmington, Delaware
  19801
(Address of principal executive offices)
  (Zip code)

ENCORE OPERATING LOUISIANA, LLC
(Exact name of obligor as specified in its charter)

     
Delaware
  75-2807888
(State or other jurisdiction of
  (I.R.S. employer
incorporation or organization)
  identification no.)
 
   
777 Main Street, Suite 1400
   
Fort Worth, Texas
  76102
(Address of principal executive offices)
  (Zip code)


6.25% Senior Subordinated Notes due 2014
(Title of the indenture securities)

 


 



Item 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.

Comptroller of the Currency,
Treasury Department
Washington, D.C. 20230

Federal Deposit Insurance Corporation
Washington, D.C. 20429

Federal Reserve Bank of San Francisco
San Francisco, CA 94120

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

The trustee is authorized to exercise corporate trust powers.

Item 2. Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.

     None with respect to the trustee.

No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.

Item 15. Foreign Trustee. Not applicable.

Item 16. List of Exhibits.

Wells Fargo Bank incorporates by reference into this Form T-1 exhibits attached hereto.

Exhibit 1.  A copy of the Articles of Association of the trustee now in effect.*

Exhibit 2.  A copy of the Comptroller of the Currency Certificate of Corporate Existence for Wells Fargo Bank, National Association, dated November 28, 2001.*

Exhibit 3.  A copy of the authorization of the trustee to exercise corporate trust powers. A copy of the Comptroller of the Currency Certificate of Corporate Existence (with Fiduciary Powers) for Wells Fargo Bank, National Association, dated November 28, 2001.*

Exhibit 4.  Copy of By-laws of the trustee as now in effect.*

Exhibit 5.  Not applicable.

Exhibit 6.  The consents of United States institutional trustees required by Section 321(b) of the Act.

 


 

Exhibit 7.  Attached is a copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.

Exhibit 8.  Not applicable.

Exhibit 9.  Not applicable.

*   Incorporated by reference to exhibit number 25 filed with registration statement number 333-87398.

 


 

SIGNATURE

     Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo Bank, National Association, a national 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 Fort Worth and State of Texas on the 28TH day of June, 2004.
         
  WELLS FARGO BANK, NATIONAL ASSOCIATION
 
 
  By:   /s/ Melissa Scott    
    Melissa Scott, Vice President   
       
 

 


 

Exhibit 6

June 28, 2004

Securities and Exchange Commission
Washington, D.C. 20549

Gentlemen:

     In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request thereof.
         
  Very truly yours,


WELLS FARGO BANK, NATIONAL ASSOCIATION
 
 
  By:   /s/ Melissa Scott    
    Melissa Scott, Vice President   
       
 

 


 

Exhibit 7

Consolidated Report of Condition of

Wells Fargo Bank National Association
of 101 North Phillips Avenue, Sioux Falls, SD 57104
And Foreign and Domestic Subsidiaries,
at the close of business March 31, 2004, filed in accordance with 12 U.S.C.§161 for National Banks.

                 
            Dollar Amounts
            In Millions
ASSETS
               
Cash and balances due from depository institutions:
               
Noninterest-bearing balances and currency and coin
          $ 13,890  
Interest-bearing balances
            6,251  
Securities:
               
Held-to-maturity securities
            0  
Available-for-sale securities
            27,661  
Federal funds sold and securities purchased under agreements to resell:
               
Federal funds sold in domestic offices
            1,436  
Securities purchased under agreements to resell
            170  
Loans and lease financing receivables:
               
Loans and leases held for sale
            29,359  
Loans and leases, net of unearned income
    233,785          
LESS: Allowance for loan and lease losses
    2,629          
Loans and leases, net of unearned income and allowance
            231,156  
Trading Assets
            8,314  
Premises and fixed assets (including capitalized leases)
            2,787  
Other real estate owned
            180  
Investments in unconsolidated subsidiaries and associated companies
            284  
Customers’ liability to this bank on acceptances outstanding
            69  
Intangible assets
               
Goodwill
            7,915  
Other intangible assets
            6,871  
Other assets
            11,217  
 
           
 
 
Total assets
          $ 347,560  
 
           
 
 
LIABILITIES
               
Deposits:
               
In domestic offices
          $ 240,660  
Noninterest-bearing
    78,496          
Interest-bearing
    162,164          
In foreign offices, Edge and Agreement subsidiaries, and IBFs
            15,087  
Noninterest-bearing
    3          
Interest-bearing
    15,084          
Federal funds purchased and securities sold under agreements to repurchase:
               
Federal funds purchased in domestic offices
            18,617  
Securities sold under agreements to repurchase
            3,028  

 


 

                 
            Dollar Amounts
            In Millions
Trading liabilities
            4,973  
Other borrowed money
               
(includes mortgage indebtedness and obligations under capitalized leases)
            18,180  
Bank’s liability on acceptances executed and outstanding
            69  
Subordinated notes and debentures
            4,824  
Other liabilities
            9,494  
 
           
 
 
Total liabilities
          $ 314,932  
Minority interest in consolidated subsidiaries
            70  
EQUITY CAPITAL
               
Perpetual preferred stock and related surplus
            0  
Common stock
            520  
Surplus (exclude all surplus related to preferred stock)
            23,424  
Retained earnings
            7,812  
Accumulated other comprehensive income
            802  
Other equity capital components
            0  
 
           
 
 
Total equity capital
            32,558  
 
           
 
 
Total liabilities, minority interest, and equity capital
          $ 347,560  
 
           
 
 

I, James E. Hanson, Vice President of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

James E. Hanson
Vice President

We, the undersigned directors, attest to the correctness of this Report of Condition and 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 issued by the appropriate Federal regulatory authority and is true and correct.

     
Howard Atkins
   
Dave Hoyt
  Directors
John Stumpf