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Securities Act File No. 333-111237
333-111237-01
333-111237-02
333-111237-03
333-111237-04

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM T-1/A

AMENDMENT NO. 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 TRUST COMPANY, N.A.

(formerly known as The Bank of New York Trust Company of Florida, N.A.)
(Exact name of trustee as specified in its charter)

(State of incorporation if not a U.S. national bank)

59-2283428
(I.R.S. employer identification no.)

800 BRICKELL AVENUE
SUITE 300
MIAMI, FLORIDA 33131

(Address of principal executive offices) (Zip Code)


THE BANK OF NEW YORK TRUST COMPANY, N.A.
600 North Pearl Street, Suite 420
Dallas, TX 75201
(214) 880-8234

(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   (IRS employer
incorporation or organization)   identification no.)

5300 TOWN AND COUNTRY BLVD, SUITE 500
FRISCO, TEXAS 75034
(972)-668-8800

(Address, zip code and telephone number of
principal executive offices)



 


 

COMSTOCK OIL & GAS, INC.

(Exact name of guarantor as specified in its charter)
     
NEVADA   75-2272352
(State or other jurisdiction of   (IRS employer
incorporation or organization)   identification no.)

5300 TOWN AND COUNTRY BLVD, SUITE 500
FRISCO, TEXAS 75034
(972)-668-8800

(Address, zip code and telephone number of
principal executive offices)


COMSTOCK OIL & GAS — LOUISIANA, LLC

(Exact name of guarantor as specified in its charter)
     
NEVADA
(State or other jurisdiction of
incorporation or organization)
  28-0012430
(IRS employer
identification no.)

5300 TOWN AND COUNTRY BLVD, SUITE 500
FRISCO, TEXAS 75034
(972)-668-8800

(Address, zip code and telephone number of
principal executive offices)


COMSTOCK OFFSHORE, LLC

(Exact name of guarantor as specified in its charter)
     
NEVADA   75-2733811
(State or other jurisdiction of   (IRS employer
incorporation or organization)   identification no.)

5300 TOWN AND COUNTRY BLVD, SUITE 500
FRISCO, TEXAS 75034
(972)-668-8800

(Address, zip code and telephone number of
principal executive offices)


COMSTOCK OIL & GAS HOLDINGS, INC.

(Exact name of guarantor as specified in its charter)
     
NEVADA   75-2968982
(State or other jurisdiction of   (IRS employer
incorporation or organization)   identification no.)

5300 TOWN AND COUNTRY BLVD, SUITE 500
FRISCO, TEXAS 75034
(972)-668-8800

(Address, zip code and telephone number of
principal executive offices)


 


 

NOTES
(6.875% SENIOR NOTES DUE 3/1/2012)

 


 

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
United States Department of the Treasury
Washington, D.C. 20219
 
      Federal Reserve Bank
Atlanta, Georgia 30309
 
      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 Trust Company of Florida, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-100717.)

(2) A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-100717.)

 


 

(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. 333-100717.)

(4) A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-100717.)

(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 the requirements of its supervising or examining authority.

 


 

SIGNATURE

     Pursuant to the requirements of the Act, the Trustee, The Bank of New York Trust Company, N.A., a corporation organized and existing under the laws of the United States, has duly caused this Amendment to the statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Dallas and the State of Texas, on the 23rd day of February, 2004.

         
  THE BANK OF NEW YORK TRUST COMPANY, N.A.
 
 
  By:   (-s- PATRICK T. GIORDANO)    
    Patrick T Giordano, Agent   
       
 

 


 

EXHIBIT 6 TO FORM T-1

CONSENT OF TRUSTEE

     Pursuant to the requirements of Section 321(b) of the Trust Indenture Act of 1939, in connection with the proposed issuance of Comstock Resources, Inc 6.875% Senior Notes due 3/1/2012, The Bank of New York 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 therefor.

         
  THE BANK OF NEW YORK TRUST
COMPANY, N.A.
 
 
  By:   /s/ Patrick T Giordano    
    Patrick T Giordano, Agent   
       
 


 

EXHIBIT 7 TO FORM T-1

  Board of Governors of the Federal Reserve System
OMB Number: 7100-0036
Federal Deposit Insurance Corporation
OMB Number: 3064-0052
Office of the Comptroller of the Currency

OMB Number: 1557-0081
Expires April 30, 2006
Federal Financial Institutions Examination Council    
  Please refer to page I,
Table of Contents, for
the required disclosure
of estimated burden.

Consolidated Reports of Condition and Income for
A Bank With Domestic Offices Only FFIEC 041

         
Report at the close of business September 30, 2003
    20030930  
   
 
 
  (RCRI 9999)
     
This report is required by law: 12 U.S.C. § 324 (State member banks); 12 U.S.C. § 1817 (State nonmember banks); and 12 U.S.C. § 161 (National banks).
  This report form is to be filed by banks with domestic offices only. Banks with foreign offices (as defined in the instructions) must file FFIEC 031.
 
   
NOTE: The Reports of Condition and Income must be signed by an authorized officer and the Report of Condition must be attested to by not less than two directors (trustees) for State nonmember banks and three directors for State member and national Banks.
  The Reports of Condition and Income are to be prepared in Accordance with Federal regulatory authority instructions.

I, Thomas J. Mastro, Comptroller
Name and Title of Officer Authorized to Sign Report
  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 trust and correct.
 
   
Of the 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.
  /s/ Richard G. Jackson

Director (Trustee)
 
   
/s/ Thomas J. Mastro
  /s/ Nicholas G. English

 
 
 
Signature of Officer Authorized to Sign Report
  Director (Trustee)
 
   
9/30/2003
  /s/ Karen B. Shupenko

 
 
 
Date of Signature
  Director (Trustee)
 
   
Submission of Reports
   
 
   
Each bank must prepare its Reports of Condition and Income either:
  (if other than EDS) must transmit the bank’s computer data file to EDS.
 
   
  For electronic filing assistance, contact EDS Call Report Services, 2150 N. Prospect Ave., Milwaukee, WI 53202, and telephone (800) 255-1571.
 
   
  To fulfill the signature and attestation requirement for the Reports of Condition and Income for this report date, attach this signature page (or a photocopy or a computer-generated version of this page) to the hard-copy record of the completed report that the bank places in its files.

 


 

         
(a)
  in electronic form and then file the computer data file directly with the banking agencies’ collection agent, Electronic Data Systems Corporation (EDS), by modem or on computer diskette; or    
 
       
(b)
  in hard-copy (paper) form and arrange for another party to convert the paper report to electronic form. That party    
 
       
FDIC Certificate Number:                       91271   The Bank of New York Trust Company of Florida, N.A.
 
 
 
                                              (RCRI 9050)   Legal Title of Bank (TEXT 9010)
 
       
      Miami
     
 
      City (TEXT 9130)
 
       
      FL                                                                       33131-2974
     
 
      State Abbrev. (TEXT 9200)               Zip Code (TEXT 9220)

     Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency

The Bank of New York Trust
Company of Florida, N.A.                                                       FFIEC 041
Miami, FL 33131-2974                                                             RC-1
                                                                                                    10 10
FDIC Certificate Number — 91271
Consolidated Report of Condition for Insured Commercial
And State-Chartered Savings Banks for September 30, 2003

All Schedules are to be reported in thousands of dollars. Unless otherwise indicated, report the amount outstanding as of the last business day of the quarter.

Schedule RC — Balance Sheet

                                                         
                    Dollar Amounts In Thousands                
ASSETS
                  RCON Bil / Mil / Thou                
1. Cash and balances due from depository institutions (from Schedule RC-A):
                                                       
a. Noninterest-bearing balances and currency and coin (1)
                    0081       4,012       1.a                  
b. Interest-bearing balances (2)
                    0071       5,599       1.b                  
2. Securities:
                                                       
a. Held-to-maturity securities (from Schedule RC-B, Column A)
                    1754       0       2.a                  
b. Available-for-sale securities (from Schedule RC-B, column D)
                    1773       8,626       2.b                  
3. Federal funds sold and securities purchased under agreements to resell
                                                       
a. Federal funds sold
                    B987       0       3.a                  
b. Securities purchased under agreements to resell (3)
                    B988       0       3.b                  
4. Loans and lease financing receivables: (from Schedule RC-C)
                                                       
a. Loans and leases, held for sale
                    5369       0       4.a                  
b. Loans and leases, net of unearned income
    B528       0                       4.b                  
c. LESS: Allowance for loan and lease losses
    3123       0                       4.c                  
d. Loans and leases, net of unearned income, allowance, and reserve (item 4.b minus 4.c)
                    B529       0       4.d                  
 
                   
 
                                 
5. Trading assets
                    3545       0       5.                  
6. Premises and fixed assets (including capitalized leases)
                    2145       1,254       6.                  
7. Other real estate owned (from Schedule RC-M)
                    2150       0       7.                  
8. Investments in unconsolidated subsidiaries and associated companies (from Schedule RC-M)
                    2130       0       8.                  
9. Customers’ liability to this bank on acceptances outstanding
                    2155       0       9.                  
10. Intangible assets
                                                       
a. Goodwill
                    3163       15,127       10.a                  
b. Other Intangible assets (from Schedule RC-M)
                    0426       494       10.b                  
11. Other assets (from Schedule RC-F)
                    2160       1,084       11.                  
12. Total assets (sum of items 1 through 11)
                    2170       36,196       12.                  

(1)   Includes cash items in process of collection and unposted debits.
(2)   Includes time certificates of deposit not held fr trading.
(3)   Includes all securities resale agreements, regardless of maturity.

 


 

The Bank of New York
Trust Company of Florida, N.A.
Legal Title of Bank
Transmitted to EDS as 0196815 on 7/30/02 at
11:13:43 CST
FDIC Certificate Number = 91271
  FFIEC 041
RC-2

Schedule RC — Continued

                                         
    Dollar Amounts In Thousands
LIABILITIES
                                       
13. Deposits:
    RCON Bil /Mil/ tho
a. In domestic offices (sum of totals of columns A and C From Schedule RC-E)
                    2200       0       13.a  
(1) Noninterest-bearing (1)
    6631       717                       13.a.1  
(2) Interest-bearing
    6636       0                       13.a.2  
b. Not applicable
                                       
14. Federal funds purchased and securities sold under agreements to repurchase
                                       
a. Federal funds purchased (2)
                    B993       0       14.a.  
b. Securities sold under agreements to repurchase (3)
                    B995       0       14.b  
15. Trading liabilities (from Schedule RC-D)
                    3548       0       15  
16. Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)(from Schedule RC-M)
                    3190       6,000       16  
17. Not applicable
                                       
18. Bank’s liability on acceptances executed and outstanding
                    2920       0       18  
19. Subordinated notes and debentures (4)
                    3200       0       19  
20. Other liabilities (from Schedule RC-G)
                    2930       3,635       20  
21. Total liabilities (sum of items 13 through 20)
                    2948       9,635       21  
22. Minority interest in consolidated subsidiaries
                    3000       0       22  
EQUITY CAPITAL
                                       
23. Perpetual preferred stock and related surplus
                    3838       0       23  
24. Common stock
                    3230       750       24  
25. Surplus (exclude all surplus related to preferred stock)
                    3839       4,299       25  
26. a. Retained earnings
                    3632       21,510       26.a  
   b. Accumulated other comprehensive income (5)
                    B530       2       26.b  
27. Other equity capital components (6)
                    A130       0       27  
28. Total equity capital (sum of items 23 through 27)
                    3210       26,561       28  
29. Total liabilities, minority interest, and equity capital (sum of items 21, 22, and 28)
                    3300       36,196       29  


 

Memorandum

To be reported only with the March Report of Condition.

             
1.
  Indicate in the at the right, the number of the statement below that best describes the most comprehensive level of auditing work performed for the bank by independent external auditors as of any date during 2002   RCON
6724
  Number
N/A M.1
             
1 =
  Independent audit of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm which submits a report on the bank   4 =   Directors’ examination of the bank conducted in accordance with generally accepted auditing standards by a certified public accounting firm (may be required by state chartering authority)
 
           
2 =
  Independent audit of the bank’s parent holding company conducted in accordance with generally accepted auditing standards by a certified public accounting firm which submits a report on the consolidated holding company (but not on the bank separately)   5 =   Directors’ examination of the bank performed by other external auditors (may be required by state chartering authority)
      6 =   Review of the bank’s financial statements by external auditors
      7 =   Compilation of the bank’s financial statements by external auditors
      8 =   Other audit procedures (excluding tax preparation work)
 
           
3 =
  Attestation on bank management’s assertion on the effectiveness of the bank’s internal control over financial reporting by a certified public accounting firm.   9 =   No external audit work

(1)   Includes total demand deposits and noninterest-bearing time and savings deposits.

(2)   Report overnight Federal Home Loan Bank Advances in Schedule RC, item 16, and “other borrowed money.”

(3)   Includes all securities repurchase agreements, regardless of maturity.

(4)   Includes limited-life preferred stock and related surplus.

(5)   Includes net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, and minimum pension liability adjustments.

(6)   Includes treasury stock and unearned Employee Stock Ownership Plan shares.