EX-25.1 11 d397724dex251.htm EX-25.1 EX-25.1

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)  ☐

 

 

U.S. BANK NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

 

 

31-0841368

I.R.S. Employer Identification No.

 

800 Nicollet Mall

Minneapolis, Minnesota

  55402
(Address of principal executive offices)   (Zip Code)

Paula Oswald

U.S. Bank National Association

633 W. 5th Street, 24th Floor

Los Angeles, CA 90071

(213) 615-6043

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

WildHorse Resource Development Corporation

(and certain subsidiaries of WildHorse Resource Development Corporation identified in footnote (*) below)

(Exact name of obligor as specified in its charter)

 

Delaware   81-3470246
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)

 

9805 Katy Freeway, Suite 400, Houston, TX   77024
(Address of Principal Executive Offices)   (Zip Code)

6.875% Senior Notes due 2025

(Title of the Indenture Securities)

 

 

 


TABLE OF ADDITIONAL REGISTRANT GUARANTORS

 

* The following are co-registrants that guarantee the debt securities:

 

Exact Name of Registrant Guarantor(1)

  

State or Other
Jurisdiction of
Incorporation or
Formation

  

IRS Employer
Identification Number

Burleson Water Resources, LLC

   Texas    81-3470246

Esquisto Resources II, LLC

   Texas    81-3470246

Oakfield Energy, LLC

   Delaware    81-3470246

Petromax E&P Burleson, LLC

   Texas    81-3470246

WHE AcqCo., LLC

   Delaware    81-3470246

WildHorse Resources Management Company, LLC

   Delaware    81-3470246

WildHorse Resources II, LLC

   Delaware    81-3470246

WHR Eagle Ford LLC

   Delaware    81-3470246

 

(1) The address for each Registrant Guarantor is 9805 Katy Freeway, Suite 400, Houston, Texas 77024 and the telephone number for each Registrant Guarantor is (713) 568-4910. The Primary Industrial Classification Code for each Registrant Guarantor is 1311.

 

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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

    Washington, D.C.

 

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

    Yes

 

Item 2. AFFILIATIONS WITH OBLIGOR. If the obligor is an affiliate of the Trustee, describe each such affiliation.

    None

 

Items 3-15. Items 3-15 are not applicable because to the best of the Trustee’s knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

 

Item 16. LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

 

  1. A copy of the Articles of Association of the Trustee.*

 

  2. A copy of the certificate of authority of the Trustee to commence business.

 

  3. A copy of the certificate of authority of the Trustee to exercise corporate trust powers.

 

  4. A copy of the existing bylaws of the Trustee.**

 

  5. A copy of each Indenture referred to in Item 4.***

 

  6. The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939.

 

  7. Report of Condition of the Trustee as of March 31, 2017 published pursuant to law or the requirements of its supervising or examining authority.

 

* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to Registration Statement on Form S-4, Registration Number 333-128217 filed on November 15, 2005 of Revlon Consumer Products Corporation.

 

** Incorporated by reference to Exhibit 25.1 to Registration Statement on Form S-3, Registration Number 333-199863 filed on November 5, 2014 of Omnicare, Inc.

 

*** Not applicable.

 

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SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. 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 and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Los Angeles, California on the 29th day of September, 2017.

 

By:      

/s/ Paula Oswald

  Vice President

 

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Exhibit 2

 

LOGO  

Office of the Comptroller of the Currency

  Washington, DC 20219

CERTIFICATE OF CORPORATE EXISTENCE

I, Keith A. Noreika, Acting Comptroller of the Currency, do hereby certify that:

1. The Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

2. “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), is a national banking association formed under the laws of the United States and is authorized thereunder to transact the business of banking on the date of this certificate.

 

    IN TESTIMONY WHEREOF, today, June 7, 2017, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.

LOGO

      /s/ Keith A. Noreika
      Acting Comptroller of the Currency
     
     
     
     
     
     
     
     
     

 

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Exhibit 3

 

LOGO  

Office of the Comptroller of the Currency

  Washington, DC 20219

CERTIFICATE OF FIDUCIARY POWERS

I, Keith A. Noreika, Acting Comptroller of the Currency, do hereby certify that:

1. The Office of the Comptroller of the Currency, pursuant to Revised Statutes 324, et seq, as amended, and 12 USC 1, et seq, as amended, has possession, custody, and control of all records pertaining to the chartering, regulation, and supervision of all national banking associations.

2. “U.S. Bank National Association,” Cincinnati, Ohio (Charter No. 24), was granted, under the hand and seal of the Comptroller, the right to act in all fiduciary capacities authorized under the provisions of the Act of Congress approved September 28, 1962, 76 Stat. 668, 12 USC 92a, and that the authority so granted remains in full force and effect on the date of this certificate.

 

    IN TESTIMONY WHEREOF, today, June 7, 2017, I have hereunto subscribed my name and caused my seal of office to be affixed to these presents at the U.S. Department of the Treasury, in the City of Washington, District of Columbia.

LOGO

      /s/ Keith A. Noreika
      Acting Comptroller of the Currency
     
     
     
     
     
     
     
     
     

 

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Exhibit 6

CONSENT

In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

Dated: September 29, 2017

 

By:   /s/ Paula Oswald
  Paula Oswald
  Vice President

 

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Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 6/30/2017

($000’s)

 

     6/30/2017  

Assets

  

Cash and Balances Due From Depository Institutions

   $ 28,930,463  

Securities

     110,114,701  

Federal Funds

     51,218  

Loans & Lease Financing Receivables

     276,413,785  

Fixed Assets

     4,477,993  

Intangible Assets

     12,859,050  

Other Assets

     24,062,996  
  

 

 

 

Total Assets

   $ 456,910,206  

Liabilities

  

Deposits

   $ 357,756,287  

Fed Funds

     998,184  

Treasury Demand Notes

     0  

Trading Liabilities

     878,885  

Other Borrowed Money

     33,876,373  

Acceptances

     0  

Subordinated Notes and Debentures

     3,800,000  

Other Liabilities

     12,866,522  

Total Liabilities

   $ 410,176,251  

Equity

  

Common and Preferred Stock

     18,200  

Surplus

     14,266,915  

Undivided Profits

     31,649,555  

Minority Interest in Subsidiaries

     799,285  
  

 

 

 

Total Equity Capital

   $ 46,733,955  

Total Liabilities and Equity Capital

   $ 456,910,206  

 

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