EXHIBIT 25.1
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
(Exact name of trustee as specified in its charter)
New York | 13-5160382 | |
One Wall Street, New York, N.Y. | 10286 | |
____________ | ||
Superior Energy Services, Inc. | ||
Delaware | 75-2379388 | |
SESI, L.L.C. | ||
Delaware | 76-0664124 | |
1105 Peters Road, L.L.C. | ||
Louisiana | 76-0664198 | |
Ace Rental Tools, L.L.C. | ||
Louisiana | 76-0664126 | |
Blowout Tools, Inc. | ||
Texas | 76-0111962 | |
Nautilus Pipe & Tool Rental, L.L.C. | ||
Louisiana | 76-0664127 | |
Connection Technology, L.L.C. | ||
Louisiana | 76-0664128 | |
Drilling Logistics, L.L.C. | ||
Louisiana | 76-0664199 | |
Environmental Treatment Investments, L.L.C. | ||
Louisiana | 76-0664200 | |
F. &. F. Wireline Service, L.L.C. | ||
Louisiana | 76-0664129 | |
Fastorq, L.L.C. | ||
Louisiana | 76-0664133 | |
H.B. Rentals, L.C. (Exact name of obligor as specified in its charter) | ||
Louisiana | 72-1307291 | |
Hydro-Dynamics Oilfield Contractors, Inc. | ||
Louisiana | 72-1301473 | |
International Snubbing Services, L.L.C. | ||
Louisiana | 76-0664134 | |
Non-Magnetic Rental Tools, L.L.C. | ||
Louisiana | 76-0664213 | |
Oil Stop, L.L.C. | ||
Louisiana | 76-0664136 | |
Production Management Industries, L.L.C. | ||
Louisiana | 76-0664137 | |
Stabil Drill Specialties, L.L.C. | ||
Louisiana | 76-0664138 | |
Sub-Surface Tools, L.L.C. | ||
Louisiana | 76-0664195 | |
Superior Energy Services, L.L.C. | ||
Delaware | 76-0664196 | |
SELIM LLC | ||
Delaware | 72-1491884 | |
SEGEN LLC | ||
Delaware | 72-1491885 | |
SE Finance LP | ||
Louisiana | 76-0668090 | |
Tong Rentals and Supply Company, L.L.C. | ||
Louisiana | 76-0664214 | |
Wild Well Control, Inc. | ||
Texas | 74-1873477 | |
1105 Peters Road | 70058 | |
____________ | ||
Senior Notes due 2011 | ||
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 |
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(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 Organization Certificate of The Bank of New York (formerly Irving Trust Company) as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672 and Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 33-31019.)
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. 33-44051.)
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, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of New York, and State of New York, on the 11th day of July, 2001.
THE BANK OF NEW YORK | |
By: /s/ MING SHIANG |
Exhibit 7
Consolidated Report of Condition of
THE BANK OF NEW YORK
of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business March 31, 2001, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.
ASSETS | Dollar Amounts |
Cash and balances due from depository institutions: | |
Noninterest-bearing balances and currency and coin | $2,811,275 |
Interest-bearing balances | 3,133,222 |
Securities: | |
Held-to-maturity securities | 147,185 |
Available-for-sale securities | 5,403,923 |
Federal funds sold and Securities purchased under agreements to resell | 3,378,526 |
Loans and lease financing receivables: | |
Loans and leases held for sale | 74,702 |
Loans and leases, net of unearned income | 37,471,621 |
LESS: Allowance for loan and lease losses | 599,061 |
Loans and leases, net of unearned income and allowance | 36,872,560 |
Trading Assets | 11,757,036 |
Premises and fixed assets (including capitalized leases) | 768,795 |
Other real estate owned | 1,078 |
Investments in unconsolidated subsidiaries and associated companies | 193,126 |
Customers' liability to this bank on acceptances outstanding | 592,118 |
Intangible assets | |
Goodwill | 1,300,295 |
Other intangible assets | 122,143 |
Other assets | 3,676,375 |
Total assets | $70,232,359 |
LIABILITIES | |
Deposits: | |
In domestic offices | $25,962,242 |
Noninterest-bearing | 10,586,346 |
Interest-bearing | 15,395,896 |
In foreign offices, Edge and Agreement subsidiaries, and IBFs | 24,862,377 |
Noninterest-bearing | 373,085 |
Interest-bearing | 24,489,292 |
Federal funds purchased and securities sold under agreements to repurchase | 1,446,874 |
Trading liabilities | 2,373,361 |
Other borrowed money: (includes mortgage indebtedness and obligations under capitalized leases) | 1,381,512 |
Bank's liability on acceptances executed and outstanding | 592,804 |
Subordinated notes and debentures | 1,646,000 |
Other liabilities | 5,373,065 |
Total liabilities | $63,658,235 |
EQUITY CAPITAL | |
Common stock | 1,135,284 |
Surplus | 1,008,773 |
Retained earnings | 4,426,033 |
Accumulated other comprehensive income | 4,034 |
Other equity capital components | 0 |
Total equity capital | 6,574,124 |
Total liabilities and equity capital | $70,232,359 |
I, Thomas J. Mastro, Senior Vice President and Comptroller of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the Board of Governors of the Federal Reserve System and is true to the best of my knowledge and belief.
Thomas J. Mastro,
Senior Vice President and Comptroller
We, the undersigned directors, attest to the correctness of this Report of Condition 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 Board of Governors of the Federal Reserve System and is true and correct.
Thomas A. Renyi Alan R. Griffith | Directors |