305B2

 

 

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

 

x 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)

 

 

 

N/A   95-3571558

(Jurisdiction of incorporation

if not a U.S. national bank)

 

(I.R.S. employer

identification no.)

400 South Hope Street, Suite 400

Los Angeles, California

  90071
(Address of principal executive offices)   (Zip code)

Legal Department

The Bank of New York Mellon Trust Company, N.A.

One Wall Street, 15th Floor

New York, NY 10286

(212) 635-1270

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

 

 

WHITING PETROLEUM CORPORATION

(Exact name of obligor as specified in its charter)

(See table of additional co-obligors on following page)

 

 

 

Delaware   20-0098515

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. employer

identification no.)

 

1700 Broadway, Suite 2300

Denver, Colorado

  80290-2300
(Address of principal executive offices)   (Zip code)

 

 

Debt Securities

(Title of the indenture securities)

 

 

 


TABLE OF ADDITIONAL CO-OBLIGORS

 

Name, Address and Telephone Number of Co-Obligor

 

Jurisdiction of

Incorporation or

Organization

 

I.R.S. Employer

Identification

Whiting Oil and Gas Corporation

  Delaware   84-0918829

1700 Broadway, Suite 2300

Denver, Colorado 80290-2300

(303) 837-1611

   


Item 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.

 

Item 2. Affiliations with Obligor.

If the obligor is an affiliate of the trustee, describe each such affiliation.

None.

 

Item 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 on September 8, 2008 in connection with Registration Statement No. 333-135006)

 

  2. A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed January 11, 2005 in connection 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 on September 8, 2008 in connection with Registration Statement No. 333-135006).

 

  4. A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed on September 8, 2008 in connection with Registration Statement No. 333-135006).

 

  6. The consent of the trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed on September 8, 2008 in connection with Registration Statement No. 333-135006).

 

  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.

 

  8. Not applicable.

 

  9. Not applicable.


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 Los Angeles, and State of California, on the 9th day of September, 2013.

 

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

/s/ Julie Hoffman-Ramos

Name:   Julie Hoffman-Ramos
Title:   Vice President


EXHIBIT 7

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION

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

At the close of business June 30, 2013, 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

       3,555   

Interest-bearing balances

       243   

Securities:

    

Held-to-maturity securities

       0   

Available-for-sale securities

       706,791   

Federal funds sold and securities purchased under agreements to resell:

    

Federal funds sold

       80,200   

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)

       4,961   

Other real estate owned

       0   

Investments in unconsolidated subsidiaries and associated companies

       0   

Direct and indirect investments in real estate ventures

       0   

Not applicable

    

Intangible assets:

    

Goodwill

       856,313   

Other Intangible Assets

       144,885   

Other assets

       144,427   
    

 

 

 

Total assets

     $ 1,941,375   
    

 

 

 


LIABILITIES

     

Deposits:

     

In domestic offices

        541   

Noninterest-bearing

     541      

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

        249,025   

Total liabilities

        249,566   

Not applicable

     

EQUITY CAPITAL

     

Perpetual preferred stock and related surplus

        0   

Common stock

        1,000   

Surplus (exclude all surplus related to preferred stock)

        1,121,667   

Not available

     

Retained earnings

        566,137   

Accumulated other comprehensive income

        3,005   

Other equity capital components

        0   

Not available

     

Total bank equity capital

        1,691,809   

Noncontrolling (minority) interests in consolidated subsidiaries

        0   

Total equity capital

        1,691,809   
     

 

 

 

Total liabilities and equity capital (sum of items 21 and 28)

        1,941,375   
     

 

 

 

I, Cherisse Waligura, CFO 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.

 

Cherisse Waligura

           )            CFO   

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 L. Kilpatrick, President                 
Frank P. Sulzberger, Director                       Directors (Trustees)   
William D. Lindelof, Director