EX-25.1 8 h33203exv25w1.htm STATEMENT OF ELIGIBILITY ON FORM T-1 exv25w1
 

EXHIBIT 25.1
 
 
UNITED STATES 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)      þ
 
THE BANK OF NEW YORK TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
     
 
  95-3571558
(Jurisdiction of incorporation or organization
  (I.R.S. employer
if not a U.S. national bank)
  identification no.)
         
700 South Flower Street
        
Suite 500
        
Los Angeles, California
  90017
(Address of principal executive offices)
  (Zip code)
The Bank of New York Trust Company, N.A.
600 North Pearl Street – Suite 420
Dallas, Texas 75201
866-691-3390
(Name, Address and Telephone Number of Agent for Service)
 
PETROQUEST ENERGY, INC.
(Exact name of obligor as specified in its charter)
     
Delaware
  72-1440714
(State or other jurisdiction of   (I.R.S. employer
incorporation or organization)   identification no.)
     
400 E. Kaliste Saloom Road – Suite 6000    
Lafayette, Louisiana   70508
(Address of principal executive offices)   (Zip code)

 

 

PETROQUEST ENERGY, L.L.C.
(Exact name of obligor as specified in its charter)
     
Louisiana   72-1292439
(State or other jurisdiction of   (I.R.S. employer
incorporation or organization)   identification no.)
     
400 E. Kaliste Saloom Road – Suite 6000    
Lafayette, Louisiana   70508
(Address of principal executive offices)   (Zip code)
PITTRANS INC.
(Exact name of obligor as specified in its charter)
     
Oklahoma   73-1461747
(State or other jurisdiction of   (I.R.S. employer
incorporation or organization)   identification no.)
     
400 E. Kaliste Saloom Road – Suite 6000    
Lafayette, Louisiana   70508
(Address of principal executive offices)   (Zip code)
TDC ENERGY, L.L.C.
(Exact name of obligor as specified in its charter)
     
Louisiana   30-0297129
(State or other jurisdiction of   (I.R.S. employer
incorporation or organization)   identification no.)
     
400 E. Kaliste Saloom Road – Suite 6000    
Lafayette, Louisiana   70508
(Address of principal executive offices)   (Zip code)
 
Debt Securities – Shelf Registration
(Title of the Indenture Securities)
 
 

- 2 -

 

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.
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-1 filed with Registration Statement No. 333-121948 on January 11, 2005).
 
  2.   A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948 on January 11, 2005).
 
  3.   A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-121948 on January 11, 2005).

- 3 -

 

  4.   A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121948 on January 11, 2005).
 
  6.   The consent of the trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-121948 on January 11, 2005).
 
  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 (Exhibit 7 filed herewith).

- 4 -

 

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 Dallas, and State of Texas, on the 1st day of December, 2005.
         
 
        
    THE BANK OF NEW YORK TRUST COMPANY, N.A.
 
        
 
  By:   /s/ Patrick T Giordano
 
       
 
  Name:   Patrick T Giordano
 
  Title:   Vice President

- 5 -

 

EXHIBIT 7
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 September 30, 2005    
published in response to call made by (Enter additional information below)    
 
        
 
       
 
        
 
 
 
    
Statement of Resources and Liabilities
                 
    Dollar Amounts in Thousand  
 
ASSETS
                
Cash and balances due from depository Institutions:
                
Noninterest-bearing balances and currency and Coin
             4,137  
Interest-bearing balances
             0  
Securities:
                
Held-to-maturity securities
             70  
Available-for-sale securities
             62,090  
Federal funds sold and securities purchased under agreements to resell:
                
Federal funds sold
             41,000  
Securities purchased under agreements to resell
             84,000  
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)
             4,259  
Other real estate owned
             0  
Investments in unconsolidated subsidiaries and associated companies
             0  
Customers’ liability to this bank on acceptances outstanding
             0  
Intangible assets:
                
Goodwill
             242,352  
Other intangible assets
             16,506  
Other assets
             39,787  
Total assets
             494,201  

- 6 -

 

 
                
  Dollar Amounts in Thousand  
Deposits:
                
In domestic offices
             3,361  
Noninterest-bearing
     3,361          
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)
             58,000  
Bank’s liability on acceptances executed and outstanding
             0  
Subordinated notes and debentures
             0  
Other liabilities
             61,271  
Total liabilities
             122,632  
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)
             294,125  
Retained earnings
             75,716  
Accumulated other comprehensive income
             (272 )
Other equity capital components
             0  
Total equity capital
             371,569  
Total liabilities, minority interest, and equity capital
             494,201  
     
We, the undersigned directors, attest
  I, William J. Winkelmann, Vice President
 
   
to the correctness of this statement of resources and liabilities. We declare that is 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.
 
(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 P. Sulzberger, Vice President   /s/ Frank P. Sulzberger
 
       
 
        
Director #3
        
 
       

- 7 -