EX-25.1 6 d26759exv25w1.htm STATEMENT OF ELIGIBILITY 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 service)

 

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.)
 
       
300 Delaware Avenue
       
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)
 

6.0% Senior Subordinated Notes due 2015
(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 5th day of August, 2005.
         
  WELLS FARGO BANK, NATIONAL ASSOCIATION
 
 
  By:   /s/ Melissa Scott    
    Melissa Scott, Vice President   
       

 


 

         

Exhibit 6

August 5th, 2005

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 therefor.
         
  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, 2005, 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
          $ 13,089  
Interest-bearing balances
            2,119  
Securities:
               
Held-to-maturity securities
            0  
Available-for-sale securities
            25,486  
Federal funds sold and securities purchased under agreements to resell:
               
Federal funds sold in domestic offices
            3,066  
Securities purchased under agreements to resell
            915  
Loans and lease financing receivables:
               
Loans and leases held for sale
            38,833  
Loans and leases, net of unearned income
            243,507  
LESS: Allowance for loan and lease losses
            2,367  
Loans and leases, net of unearned income and allowance
            241,140  
Trading Assets
            6,010  
Premises and fixed assets (including capitalized leases)
            3,453  
Other real estate owned
            130  
Investments in unconsolidated subsidiaries and associated companies
            321  
Customers’ liability to this bank on acceptances outstanding
            93  
Intangible assets
               
Goodwill
            8,612  
Other intangible assets
            9,619  
Other assets
            14,541  
 
             
Total assets
          $ 367,427  
 
             
LIABILITIES
               
Deposits:
               
In domestic offices
          $ 260,205  
Noninterest-bearing
            78,724  
Interest-bearing
            181,481  
In foreign offices, Edge and Agreement subsidiaries, and IBFs
            19,915  
Noninterest-bearing
            6  
Interest-bearing
            19,909  
Federal funds purchased and securities sold under agreements to repurchase:
               
Federal funds purchased in domestic offices
            11,391  
Securities sold under agreements to repurchase
            3,347  

 


 

         
    Dollar Amounts  
    In Millions  
Trading liabilities
    4,996  
Other borrowed money
       
(includes mortgage indebtedness and obligations under capitalized leases)
    14,191  
Bank’s liability on acceptances executed and outstanding
    93  
Subordinated notes and debentures
    7,606  
Other liabilities
    12,350  
 
     
Total liabilities
  $ 334,094  
Minority interest in consolidated subsidiaries
    52  
EQUITY CAPITAL
       
Perpetual preferred stock and related surplus
    0  
Common stock
    520  
Surplus (exclude all surplus related to preferred stock)
    24,521  
Retained earnings
    7,788  
Accumulated other comprehensive income
    452  
Other equity capital components
    0  
 
     
Total equity capital
    33,281  
 
     
Total liabilities, minority interest, and equity capital
  $ 367,427  
 
     

I, Karen B. Martin, 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.

Karen B. Martin
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
Carrie Tolstedt
Pat Callahan
  Directors