EX-25.1 10 d436239dex251.htm STATEMENT OF ELIGIBILITY ON FORM T-1 OF WELLS FARGO BANK, NATIONAL ASSOCIATION Statement of Eligibility on Form T-1 of Wells Fargo Bank, National Association

Exhibit 25.1

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM T-1

 

 

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)

 

 

 

A National Banking Association   94-1347393

(Jurisdiction of incorporation or

organization if not a U.S. national bank)

 

(I.R.S. Employer

Identification No.)

101 North Phillips Avenue

Sioux Falls, South Dakota

  57104
(Address of principal executive offices)   (Zip code)

Wells Fargo & Compan

yLaw Department, Trust Section

MAC N9305-175

Sixth Street and Marquette Avenue, 17th Floor

Minneapolis, Minnesota 55479

(612) 667-4608

(Name, address and telephone number of agent for service)

 

 

Offshore Group Investment Limited

(Exact name of registrant as specified in its charter)

 

 

 

Cayman Islands   1381   N/A

(State or other jurisdiction

of incorporation or organization)

 

(Primary Standard Industrial

Classification Code Number)

 

(I.R.S. Employer

Identification Number)

777 Post Oak Boulevard, Suite 800

Houston, Texas 77056

(281) 404-4700

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

 

 

See Table of Additional Registrants below

 

 

7.5% Senior Secured First Lien Notes due 2019

(Title of the indenture securities)

 

 

 


TABLE OF ADDITIONAL REGISTRANTS

The following subsidiaries of Offshore Group Investment Limited are co-registrants under this registration statement.

 

Name   

Jurisdiction of

Incorporation or

Organization

  

I.R.S. Employer

Identification Number

 

Vantage Drilling Company1

   Cayman Islands      N/A   

Vantage Holding Hungary Kft1

   Hungary      N/A   

Vantage Drilling Netherlands B.V.1

   The Netherlands      N/A   

P2020 Rig Co.1

   Cayman Islands      N/A   

P2021 Rig Co.1

   Cayman Islands      N/A   

Emerald Driller Company1

   Cayman Islands      N/A   

Sapphire Driller Company1

   Cayman Islands      N/A   

Vantage Driller I Co.1

   Cayman Islands      N/A   

Vantage Driller II Co.1

   Cayman Islands      N/A   

Vantage Driller III Co.1

   Cayman Islands      N/A   

Vantage Driller IV Co.1

   Cayman Islands      N/A   

Vantage Drilling Labuan I Ltd.1

   Malaysia/Labuan      N/A   

Vantage Drilling (Malaysia) I Sdn. Bhd.1

   Malaysia      N/A   

Vantage Holdings Malaysia I Co.1

   Cayman Islands      N/A   

Vantage International Management Co.1

   Cayman Islands      N/A   

Dragonquest Holdings Company1

   Cayman Islands      N/A   

Vantage Holdings Cyprus ODC Limited2

   Cyprus      N/A   

Vantage Drilling Poland—Luxembourg Branch3

   Poland      N/A   

Vantage Deepwater Company1

   Cayman Islands      N/A   

Vantage Deepwater Drilling, Inc.1

   Delaware      27-5373668   

Vantage Delaware Holdings, LLC1

   Delaware      N/A   

Tungsten Explorer Company1

   Cayman Islands      N/A   

 

(1) The address for each of these co-registrants is c/o Vantage Energy Services, Inc., 777 Post Oak Boulevard, Suite 800, Houston, Texas 77056, Telephone: (281) 404-4700.
(2) The address for this co-registrant is Vantage Holdings Cyprus, Diagorou, 2ERA House, 7-12th Floor, 1097 Nicosia, Cyprus
(3) The address for this co-registrant is Vantage Drilling Poland-Luxembourg Branch, 46A, av. John F. Kennedy, Luxembourg, Luxembourg L-1855

The name and address, including zip code, of the agent for service for each of the co-registrants is Christopher G. DeClaire, Vice President and Secretary of Vantage Drilling Company, c/o Vantage Energy Services, Inc., 777 Post Oak Boulevard, Suite 800, Houston, Texas 77056. The telephone number, including area code, of the agent for service for each of the co-registrants is (281) 404-4700.


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.

Federal Deposit Insurance Corporation

Washington, D.C.

Federal Reserve Bank of San Francisco

San Francisco, California 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. List below all exhibits filed as a part of this Statement of Eligibility.

 

  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 and Fiduciary Powers for Wells Fargo Bank, National Association, dated February 4, 2004.**

 

  Exhibit 3. See Exhibit 2

 

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

 

  Exhibit 5. Not applicable.

 

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

 

  Exhibit 7. 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 the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated December 30, 2005 of Hornbeck Offshore Services LLC file number 333-130784-06.
** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of Trans-Lux Corporation file number 022-28721.
*** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated May 26, 2005 of Penn National Gaming Inc. file number 333-125274.


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 Dallas and State of Texas on the 19th day of November, 2012.

 

WELLS FARGO BANK, NATIONAL ASSOCIATION
LOGO
Patrick T. Giordano
Vice President


EXHIBIT 6

November 19, 2012

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
LOGO

Patrick T. Giordano

Vice President


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 September 30, 2012, 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

      $ 16,931   

Interest-bearing balances

        74,188   

Securities:

     

Held-to-maturity securities

        0   

Available-for-sale securities

        204,296   

Federal funds sold and securities purchased under agreements to resell:

     

Federal funds sold in domestic offices

        30   

Securities purchased under agreements to resell

        24,666   

Loans and lease financing receivables:

     

Loans and leases held for sale

        31,929   

Loans and leases, net of unearned income

     728,980      

LESS: Allowance for loan and lease losses

     14,500      

Loans and leases, net of unearned income and allowance

        714,480   

Trading Assets

        40,930   

Premises and fixed assets (including capitalized leases)

        7,618   

Other real estate owned

        4,074   

Investments in unconsolidated subsidiaries and associated companies

        581   

Direct and indirect investments in real estate ventures

        86   

Intangible assets

     

Goodwill

        21,545   

Other intangible assets

        19,703   

Other assets

        57,739   
     

 

 

 

Total assets

      $ 1,218,796   
     

 

 

 

LIABILITIES

     

Deposits:

     

In domestic offices

      $ 876,434   

Noninterest-bearing

        234,742   

Interest-bearing

        641,692   

In foreign offices, Edge and Agreement subsidiaries, and IBFs

        76,676   

Noninterest-bearing

        2,323   

Interest-bearing

        74,353   

Federal funds purchased and securities sold under agreements to repurchase:

     

Federal funds purchased in domestic offices

        8,985   

Securities sold under agreements to repurchase

        11,823   


     Dollar Amounts  
     In Millions  

Trading liabilities

     23,232   

Other borrowed money

  

(includes mortgage indebtedness and obligations under capitalized leases)

     39,783   

Subordinated notes and debentures

     16,786   

Other liabilities

     35,449   
  

 

 

 

Total liabilities

   $ 1,089,168   

EQUITY CAPITAL

  

Perpetual preferred stock and related surplus

     0   

Common stock

     519   

Surplus (exclude all surplus related to preferred stock)

     99,518   

Retained earnings

     20,950   

Accumulated other comprehensive income

     7,541   

Other equity capital components

     0   
  

 

 

 

Total bank equity capital

     128,528   

Noncontrolling (minority) interests in consolidated subsidiaries

     1,100   
  

 

 

 

Total equity capital

     129,628   

Total liabilities, and equity capital

   $ 1,218,796   
  

 

 

 

I, Timothy J. Sloan, EVP & CFO 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.

Timothy J. Sloan

EVP & CFO

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.

 

John Stumpf

David Hoyt

Carrie Tolstedt

   Directors