EX-25.1 11 dex251.htm FORM T-1 STATEMENT OF ELIGIBILITY Form T-1 Statement of Eligibility

 

 

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)

 

 

THE BANK OF NEW YORK MELLON

TRUST COMPANY, N.A.

(Exact name of trustee as specified in its charter)

 

 

 

  95-3571558
(State of incorporation
if not a U.S. national bank)
  (I.R.S. employer
identification no.)

700 South Flower Street Suite 500

Los Angeles, California

  90017
(Address of principal executive offices)   (Zip code)

 

 

Chesapeake Energy Corporation

(Exact name of obligor as specified in its charter)

 

Oklahoma   73-1395733
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)


 

Chesapeake Energy Louisiana Corporation

(Exact name of registrant as specified in its charter)

 

Oklahoma   73-1524569
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Chesapeake Energy Marketing, Inc.

(Exact name of registrant as specified in its charter)

 

Oklahoma   73-1439175
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Chesapeake Operating, Inc.

(Exact name of registrant as specified in its charter)

 

Oklahoma   73-1343196
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Diamond Y Enterprise, Incorporated

(Exact name of registrant as specified in its charter)

 

Pennsylvania   26-0004174
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Gene D. Yost & Son, Inc.

(Exact name of registrant as specified in its charter)

 

Oklahoma   20-5550602
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

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Carmen Acquisition, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   73-1604860
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Chesapeake AEZ Exploration, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   27-2151081
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Chesapeake Appalachia, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   20-3774650
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Chesapeake-Clements Acquisition, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   20-8716794
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Chesapeake Exploration, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   71-0934234
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

 

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Chesapeake Land Development Company, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   20-2099392
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Chesapeake Plaza, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   26-2692888

(State or other jurisdiction of

incorporation or organization)

  (I.R.S. Employer
Identification Number)

 

 

Chesapeake Royalty, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   73-1549744
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

CHK Holdings, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   41-2050649
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Compass Manufacturing, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   26-1455378
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

 

-4-


Gothic Production, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   73-1539475
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Great Plains Oilfield Rental, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   20-5654318
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Hawg Hauling & Disposal, LLC

(Exact name of registrant as specified in its charter)

 

Delaware   06-1706211
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Hodges Trucking Company, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   73-1293811
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

MC Louisiana Minerals, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   26-3057487
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

 

-5-


MC Mineral Company, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   61-1448831
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

MidCon Compression, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   20-0299525
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Nomac Drilling, L.L.C.

(Exact name of registrant as specified in its charter)

 

Oklahoma   26-3069548
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Ventura Refining and Transmission, LLC

(Exact name of registrant as specified in its charter)

 

Oklahoma   20-4181817
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

Chesapeake Louisiana, L.P.

(Exact name of registrant as specified in its charter)

 

Oklahoma   73-1519126
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

 

 

 

-6-


Empress Louisiana Properties, L.P.

(Exact name of registrant as specified in its charter)

 

Texas   20-1993109
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

6100 North Western Avenue

Oklahoma City, Oklahoma

  73118
(Address of principal executive offices)   (Zip code)

 

 

Debt Securities

and Guarantees of Debt Securities

(Title of the indenture securities)

 

 

 

 

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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 Mellon Trust Company, N.A., formerly known as The Bank of New York 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).

 

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  4. A copy of the existing by-laws of the trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-162713).

 

  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. 333-152875).

 

  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.

 

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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 Chicago, and State of Illinois, on the 6th day of July, 2010.

 

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
By:   /S/ BENITA A. VAUGHN
Name:   BENITA A. VAUGHN
Title:   VICE PRESIDENT

 

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EXHIBIT 7

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

of 700 South Flower Street, Suite 200, Los Angeles, CA 90017

At the close of business March 31, 2010, published in accordance with Federal regulatory authority instructions.

 

      Dollar Amounts
in Thousands

ASSETS

  

Cash and balances due from depository institutions:

  

Noninterest-bearing balances and currency and coin

     1,504

Interest-bearing balances

     288

Securities:

  

Held-to-maturity securities

     12

Available-for-sale securities

     581,259

Federal funds sold and securities purchased under agreements to resell:

  

Federal funds sold

     113,000

Securities purchased under agreements to resell

     0

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)

     10,486

Other real estate owned

     0

Investments in unconsolidated subsidiaries and associated companies

     2

Direct and indirect investments in real estate ventures

     0

Intangible assets:

  

Goodwill

     856,313

Other intangible assets

     237,642

Other assets

     166,465
      

Total assets

   $ 1,966,971
      

 

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LIABILITIES

  

Deposits:

  

In domestic offices

   533

Noninterest-bearing

   533

Interest-bearing

   0

Not applicable

  

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

Not applicable

  

Not applicable

  

Subordinated notes and debentures

   0

Other liabilities

   210,010

Total liabilities

   479,234

Not applicable

  

EQUITY CAPITAL

  

Perpetual preferred stock and related surplus

   0

Common stock

   1,000

Surplus (exclude all surplus related to preferred stock)

   1,121,520

Not applicable

  

Retained earnings

   364,077

Accumulated other comprehensive income

   1,140

Other equity capital components

   0

Not available

  

Total bank equity capital

   1,487,737

Noncontrolling (minority) interests in consolidated subsidiaries

   0

Total equity capital

   1,487,737
    

Total liabilities and equity capital

   1,966,971
    

I, Karen Bayz, Managing Director of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.

Karen Bayz         )        Managing Director

We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date 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.

 

Troy Kilpatrick, President    )     
Frank P. Sulzberger, MD    )   Directors (Trustees)   
William D. Lindelof, MD    )     

 

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