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) x

 

 

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)

Evelyn T. Furukawa

700 South Flower Street, Suite 500

Los Angeles, California 90017

213.630.6463

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

Comstock Resources, Inc.

(Exact name of obligor as specified in its charter)

 

Nevada		94-1667468
(State or other jurisdiction of incorporation or organization)		(I.R.S. employer identification no.)

 

5300 Town and Country Blvd., Suite 500 Frisco, Texas		75034
(Address of principal executive offices)		(Zip code)

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COMSTOCK OIL & GAS, LP

(Exact name of obligor as specified in its charter)

 

Nevada		75-2272352
(State or other jurisdiction of incorporation or organization)		(I.R.S. employer identification no.)

 

5300 Town and Country Blvd., Suite 500 Frisco, Texas		75034
(Address of principal executive offices)		(Zip code)

COMSTOCK OIL & GAS-LOUISIANA, LLC

(Exact name of obligor as specified in its charter)

 

Nevada		26-0012430
(State or other jurisdiction of incorporation or organization)		(I.R.S. employer identification no.)

 

5300 Town and Country Blvd., Suite 500 Frisco, Texas		75034
(Address of principal executive offices)		(Zip code)

COMSTOCK OIL & GAS GP, LLC

(Exact name of obligor as specified in its charter)

 

Nevada		NOT APPLICABLE
(State or other jurisdiction of incorporation or organization)		(I.R.S. employer identification no.)

 

5300 Town and Country Blvd., Suite 500 Frisco, Texas		75034
(Address of principal executive offices)		(Zip code)

 

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COMSTOCK OIL & GAS INVESTMENTS, LLC

(Exact name of obligor as specified in its charter)

 

Nevada		90-0155903
(State or other jurisdiction of incorporation or organization)		(I.R.S. employer identification no.)

 

5300 Town and Country Blvd., Suite 500 Frisco, Texas		75034
(Address of principal executive offices)		(Zip code)

COMSTOCK OIL & GAS HOLDINGS, INC.

(Exact name of obligor as specified in its charter)

 

Nevada		75-2968982
(State or other jurisdiction of incorporation or organization)		(I.R.S. employer identification no.)

 

5300 Town and Country Blvd., Suite 500 Frisco, Texas		75034
(Address of principal executive offices)		(Zip code)

Debt Securities

(9  ¹/2% Senior Notes due 2020)

 

 

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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.

 

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 as Exhibit 25.1 to the Registration Statement on Form S-3 File No. 333-121948 and Exhibit 1 to Form T-1 filed as Exhibit 25.1 to the Registration Statement on Form S-3 No. 333-152875).

 

2.

A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed as Exhibit 25.1 to the Registration Statement on Form S-3 File No. 333-152875).

 

3.

A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed as Exhibit 25.1 to the Registration Statement on Form S-3 File No. 333-152875).

 

4.

A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed as Exhibit 25.1 to the Registration Statement on Form S-3 File No. 333-152875).

 

6.

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

 

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 Houston, and State of Texas, on the 5th day of June, 2012.

 

 

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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 Comstock Resources, 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.

 

Houston, Texas

June 5, 2012

EXHIBIT 7

Consolidated Report of Condition of

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

of 400 South Hope Street, Suite 400, Los Angeles, CA 90071

At the close of business March 31, 2012, 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							802
Interest-bearing balances							401
Securities:
Held-to-maturity securities							0
Available-for-sale securities							622,734
Federal funds sold and securities purchased under agreements to resell:
Federal funds sold							78,500
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)							7,193
Other real estate owned							0
Investments in unconsolidated subsidiaries and associated companies							1
Direct and indirect investments in real estate ventures							0
Intangible assets:
Goodwill							856,313
Other intangible assets							180,552
Other assets							123,965
Total assets						$	1,870,461

 

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LIABILITIES
Deposits:
In domestic offices							504
Noninterest-bearing			504
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)							0
Not applicable
Not applicable
Subordinated notes and debentures							0
Other liabilities							226,926
Total liabilities							227,430
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 available
Retained earnings							515,960
Accumulated other comprehensive income							4,551
Other equity capital components							0
Not available
Total bank equity capital							1,643,031
Noncontrolling (minority) interests in consolidated subsidiaries							0
Total equity capital							1,643,031
Total liabilities and equity capital							1,870,461

I, Karen Bayz, CFO and 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     )         CFO and 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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