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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) ____________
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THE BANK OF NEW YORK MELLON
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(Exact name of trustee as specified in its charter)
New York 13-5160382
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(Jurisdiction of incorporation (I.R.S. Employer
if not a U.S. national bank) Identification No.)
One Wall Street
New York, New York 10286
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(Address of principal executive offices) (Zip code)
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HESS CORPORATION
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(Exact name of obligor as specified in its charter)
Delaware 13-4921002
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(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
1185 Avenue of the Americas
New York, New York 10036
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(Address of principal executive offices) (Zip code)
Senior Debt Securities
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(Title of the indenture securities)
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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.
Superintendent of Banks of the 2 Rector Street, New York, N.Y. 10006
State of New York and Albany, N.Y. 12203
Federal Reserve Bank of New York 33 Liberty Plaza, New York, N.Y. 10045
Federal Deposit Insurance Corporation 550 17th Street, N.W., Washington,
D.C. 20429
New York Clearing House Association New York, N.Y. 10005
(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 Organization Certificate of The Bank of New York
Mellon (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, Exhibit 1 to Form T-1 filed with Registration
Statement No. 33-29637 and Exhibit 1 to Form T-1 filed with
Registration Statement No. 333-121195.)
4. - A copy of the existing By-laws of the Trustee. (Exhibit 4 to
Form T-1 with Registration Statement No. 333-121195.)
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 Mellon, a banking 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 27th day of February, 2009.
THE BANK OF NEW YORK MELLON
By: /s/ Francine Kincaid
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Name: Francine Kincaid
Title: Vice President
EXHIBIT 7
Consolidated Report of Condition of
THE BANK OF NEW YORK MELLON
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 December 31,
2008, published in accordance with a call made by the Federal Reserve Bank of
this District pursuant to the provisions of the Federal Reserve Act.
Dollar Amounts
In Thousands
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ASSETS
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin....................... 4,440,000
Interest-bearing balances................................................ 87,807,000
Securities:
Held-to-maturity securities.............................................. 7,327,000
Available-for-sale securities............................................ 32,572,000
Federal funds sold and securities purchased under agreements to resell:
Federal funds sold in domestic offices................................... 373,000
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................................. 32,827,000
LESS: Allowance for loan and lease losses................................ 357,000
Loans and leases, net of unearned income and allowance................... 32,470,000
Trading assets............................................................. 10,665,000
Premises and fixed assets (including capitalized leases)................... 1,098,000
Other real estate owned.................................................... 8,000
Investments in unconsolidated subsidiaries and associated companies........ 795,000
Not applicable
Intangible assets:
Goodwill....................... ......................................... 4,908,000
Other intangible assets......... ........................................ 1,606,000
Other assets............................................................... 11,095,000
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Total assets............................................................... 195,164,000
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Dollar Amounts
In Thousands
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LIABILITIES
Deposits:
In domestic offices...................................................... 85,286,000
Noninterest-bearing...................................................... 54,008,000
Interest-bearing......................................................... 31,278,000
In foreign offices, Edge and Agreement subsidiaries, and IBFs............ 72,497,000
Noninterest-bearing...................................................... 1,558,000
Interest-bearing......................................................... 70,939,000
Federal funds purchased and securities sold under agreements to repurchase:
Federal funds purchased in domestic offices.............................. 454,000
Securities sold under agreements to repurchase........................... 75,000
Trading liabilities........................................................ 8,365,000
Other borrowed money:
(includes mortgage indebtedness and obligations under capitalized leases) 6,256,000
Not applicable
Not applicable
Subordinated notes and debentures.......................................... 3,490,000
Other liabilities.......................................................... 7,018,000
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Total liabilities.......................................................... 183,441,000
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Minority interest in consolidated subsidiaries............................. 350,000
EQUITY CAPITAL
Perpetual preferred stock and related surplus.............................. 0
Common stock............................................................... 1,135,000
Surplus (exclude all surplus related to preferred stock)................... 8,276,000
Retained earnings.......................................................... 6,810,000
Accumulated other comprehensive income..................................... -4,848,000
Other equity capital components............................................ 0
Total equity capital....................................................... 11,373,000
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Total liabilities, minority interest, and equity capital................... 195,164,000
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I, Thomas P. Gibbons, Chief Financial Officer of the above-named bank do
hereby declare that this Report of Condition is true and correct to the best of
my knowledge and belief.
Thomas P. Gibbons,
Chief Financial Officer
We, the undersigned directors, attest to the correctness of this statement
of resources and liabilities. We 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 and is true and correct.
Gerald L. Hassell
Steven G. Elliott Directors
Robert P. Kelly