EX-25.1 8 h66359exv25w1.htm EX-25.1 exv25w1
Exhibit 25.1
 
 
FORM T-1
UNITED STATES
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) o
 
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
     

(State of incorporation
if not a U.S. national bank) 		  95-3571558
(I.R.S. employer
identification no.)
     
700 South Flower Street
Suite 500
Los Angeles, California
(Address of principal executive offices) 		 

90017
(Zip code)
 
Evelyn T. Furukawa
The Bank of New York Trust Company, N.A.
700 South Flower Street, Suite 500
Los Angeles, California 90017
(213) 630-6463
(Name, address and telephone number of agent for service)
 
PETROQUEST ENERGY, INC.
(Exact name of obligor as specified in its charter)
     
Delaware
(State or other jurisdiction of
incorporation or organization) 		  72-1440714
(I.R.S. employer
identification no.)
     
400 E. Kaliste Saloom Road, Suite 6000
Lafayette, Louisiana
(Address of principal executive offices) 		 
70508
(Zip Code)
 
PETROQUEST ENERGY, INC.
(Exact name of obligor as specified in its charter)
     
Louisiana
(State or other jurisdiction of
incorporation or organization) 		  72-1292439
(I.R.S. employer
identification no.)
     
400 E. Kaliste Saloom Road, Suite 6000
Lafayette, Louisiana
(Address of principal executive offices) 		 
70508
(Zip Code)
 

TDC Energy LLC
(Exact name of obligor as specified in its charter)
     
Louisiana
(State or other jurisdiction of
incorporation or organization) 		  30-0297129
(I.R.S. employer
identification no.)
     
400 E. Kaliste Saloom Road, Suite 6000
Lafayette, Louisiana
(Address of principal executive offices) 		 
70508
(Zip Code)
 
Debt Securities
 
 
 

 

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.
3-15. Not applicable.
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 Mellon Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152875).
 
  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).
 
  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. 333-152875).
 
  4.   A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-152875).
 
  6.   The consent of the trustee required by Section 321(b) of the Act.

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  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.
SIGNATURE
     Pursuant to the requirements of the Act, the trustee, The Bank of New York Mellon 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 Houston, and State of Texas, on the 6th day of April, 2009.
         
  THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
 		  
  By:   /s/ Marcella Burgess    
    Name:   Marcella Burgess   
    Title:   Assistant Vice President   

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EXHIBIT 6
CONSENT OF THE TRUSTEE
Pursuant to the requirements of Section 321 (b) of the Trust Indenture Act of 1939, and in connection with the proposed issue of PetroQuest Energy, Inc., The Bank of New York Mellon Trust Company, N.A. hereby consents that reports of examinations by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon request therefore.
         
  THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
 		  
  By:   /s/ Marcella Burgess    
    Marcella Burgess   
    Assistant Vice President   
 
Houston, Texas
April 6, 2009

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Exhibit 7
REPORT OF CONDITION
 
Consolidating domestic subsidiaries of
The Bank of New York Mellon Trust Company NA
in the state of CA at close of business on December 31, 2008
published in response to call made by (Enter additional information below)
                                                                    
                                                                    
Statement of Resources and Liabilities
         
    Dollar Amounts in Thousands
 
ASSETS
        
Cash and balances due from depository institutions:
        
Noninterest-bearing balances and currency and coin
     2,739  
Interest-bearing balances
     0  
Securities:
        
Held-to-maturity securities
     26  
Available-for-sale securities
     430,112  
Federal funds sold and securities purchased under agreements to resell:
        
Federal funds sold
     28,500  
Securities purchased under agreements to resell
     50,000  
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)
     11,261  
Other real estate owned
     0  
Investments in unconsolidated subsidiaries and associated companies
     1  
Intangible assets:
        
Goodwill
     876,153  
Other intangible assets
     272,502  
Other assets
     181,657  
Total assets
     1,852,951  

 

 

REPORT OF CONDITION (Continued)
         
    Dollar Amounts in Thousands
 
LIABILITIES
        
Deposits:
        
In domestic offices
   1,765  
Noninterest-bearing
   1,765    
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)
     268,691  
Subordinated notes and debentures
     0  
Other liabilities
     166,958  
Total liabilities
     437,414  
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)
     1,121,520  
Retained earnings
     290,517  
Accumulated other comprehensive income
     2,500  
Other equity capital components
     0  
Total equity capital
     1,415,537  
Total liabilities, minority interest, and equity capital
     1,852,951  
             
We, the undersigned directors, attest to the correctness of this statement of resources and liabilities.
      I, Karen Bayz, Vice President
( Name, Title ) 		   
We 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 and is true and correct.
      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 Sulzberger, Managing Director
      /s/ Frank Sulzberger    
 
           
 
            
Director #3 William D. Lindelof, Vice President
      /s/ William D. Lindelof