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)

 

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

 

 

A National Banking Association   94-1347393

(Jurisdiction of incorporation or

organization if not a U.S. national bank)

  

(I.R.S. Employer

Identification No.)

101 North Phillips Avenue Sioux Falls, South Dakota   57104
(Address of principal executive offices)   (Zip code)

Wells Fargo & Company

Law Department, Trust Section

MAC N9305-175

Sixth Street and Marquette Avenue, 17th Floor

Minneapolis, Minnesota 55479

(612) 667-4608

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

 

 

GULFPORT ENERGY CORPORATION

(Exact name of Registrant as Specified in Its Charter)

 

 

 

Delaware   1311   73-1521290

(State or Other Jurisdiction of

Incorporation or Organization)

  

(Primary Standard Industrial

Classification Code Number)

  

(I.R.S. Employer

Identification Number)

14313 North May Avenue, Suite 100

Oklahoma City, Oklahoma 73134

(405) 848-8807

(Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant’s Principal Executive Offices)

 

 

6.625% Senior Notes due 2023

Guarantees of 6.625% Senior Notes due 2023

 

 

 

TABLE OF ADDITIONAL REGISTRANT GUARANTORS

 

Exact Name of Registrant

Guarantor(1)

   

State or Other Jurisdiction of

Incorporation or Formation

   

Primary Standard Industrial

Classification Code Number

   

I.R.S. Employer Identification

Number

Jaguar Resources LLC

    Delaware    1311    20-8812352

Puma Resources, Inc.

    Delaware    1311    30-0556507

Gator Marine, Inc.

    Delaware    1311    61-1601710

Gator Marine Ivanhoe, Inc.

    Delaware    1311    30-0644897

Westhawk Minerals LLC

    Delaware    1311    45-4928998

 

(1) The address for each Registrant Guarantor is 14313 North May Avenue, Suite 100, Oklahoma City, Oklahoma 73134 and the telephone number for each Registrant Guarantor is (405) 848-8807.

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.

Comptroller of the Currency

Treasury Department

Washington, D.C.

Federal Deposit Insurance Corporation

Washington, D.C.

Federal Reserve Bank of San Francisco

San Francisco, California 94120

 

  (b) Whether it is authorized to exercise corporate trust powers.

The trustee is authorized to exercise corporate trust powers.

 

Item 2. Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.

None with respect to the trustee.

No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.

 

Item 15. Foreign Trustee. Not applicable.

 

Item 16. List of Exhibits. List below all exhibits filed as a part of this Statement of Eligibility.

 

Exhibit 1.

    A copy of the Articles of Association of the trustee now in effect.*

Exhibit 2.

    A copy of the Comptroller of the Currency Certificate of Corporate Existence for Wells Fargo Bank, National Association, dated January 14, 2015.**

Exhibit 3.

    A copy of the Comptroller of the Currency Certification of Fiduciary Powers for Wells Fargo Bank, National Association, dated January 6, 2014.**

Exhibit 4.

    Copy of By-laws of the trustee as now in effect.**

Exhibit 5.

    Not applicable.

Exhibit 6.

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

Exhibit 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.

Exhibit 8.

    Not applicable.

Exhibit 9.

    Not applicable.

* Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated December 30, 2005 of file number 333-130784.
** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit to the Filing 305B2 dated March 13, 2015 of file number 333-190926.

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo Bank, National Association, a national 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 Dallas and State of Texas on the 21st of August, 2015.

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

LOGO

 

Patrick T. Giordano
Vice President

EXHIBIT 6

August 21, 2015

Securities and Exchange Commission

Washington, D.C. 20549

Gentlemen:

In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request thereof.

 

Very truly yours,
WELLS FARGO BANK, NATIONAL ASSOCIATION

LOGO

 

Patrick T. Giordano
Vice President

Exhibit 7

Consolidated Report of Condition of

Wells Fargo Bank National Association

of 101 North Phillips Avenue, Sioux Falls, SD 57104

And Foreign and Domestic Subsidiaries,

at the close of business June 30, 2015, filed in accordance with 12 U.S.C. §161 for National Banks.

 

            Dollar Amounts
In Millions		  

ASSETS

      

Cash and balances due from depository institutions:

      

Noninterest-bearing balances and currency and coin

       $ 17,464   

Interest-bearing balances

         189,787   

Securities:

      

Held-to-maturity securities

         80,102   

Available-for-sale securities

         233,717   

Federal funds sold and securities purchased under agreements to resell:

      

Federal funds sold in domestic offices

         1,864   

Securities purchased under agreements to resell

         18,746   

Loans and lease financing receivables:

      

Loans and leases held for sale

         20,241   

Loans and leases, net of unearned income

      848,562      

LESS: Allowance for loan and lease losses

      10,493      

Loans and leases, net of unearned income and allowance

         838,069   

Trading Assets

         39,221   

Premises and fixed assets (including capitalized leases)

         7,527   

Other real estate owned

         1,849   

Investments in unconsolidated subsidiaries and associated companies

         855   

Direct and indirect investments in real estate ventures

         0   

Intangible assets

      

Goodwill

         21,627   

Other intangible assets

         17,894   

Other assets

         64,908   
     

 

 

  

Total assets

       $ 1,553,871   
     

 

 

  

LIABILITIES

      

Deposits:

      

In domestic offices

       $ 1,086,292   

Noninterest-bearing

      343,725      

Interest-bearing

      742,567      

In foreign offices, Edge and Agreement subsidiaries, and IBFs

         140,792   

Noninterest-bearing

      669      

Interest-bearing

      140,123      

Federal funds purchased and securities sold under agreements to repurchase:

      

Federal funds purchased in domestic offices

         594   

Securities sold under agreements to repurchase

         19,806   

     Dollar Amounts
In Millions		  

Trading liabilities

      18,515   

Other borrowed money

   

(includes mortgage indebtedness and obligations under capitalized leases)

      89,743   

Subordinated notes and debentures

      16,760   

Other liabilities

      33,801   
  

 

 

  

Total liabilities

    $ 1,406,303   

EQUITY CAPITAL

   

Perpetual preferred stock and related surplus

      0   

Common stock

      519   

Surplus (exclude all surplus related to preferred stock)

      106,692   

Retained earnings

      36,940   

Accumulated other comprehensive income

      2,986   

Other equity capital components

      0   
  

 

 

  

Total bank equity capital

      147,137   

Noncontrolling (minority) interests in consolidated subsidiaries

      431   
  

 

 

  

Total equity capital

      147,568   
  

 

 

  

Total liabilities, and equity capital

    $ 1,553,871   
  

 

 

  

I, John R. Shrewsberry, Sr. EVP & CFO of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

John R. Shrewsberry

    Sr. EVP & CFO    

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 appropriate Federal regulatory authority and is true and correct.

 

John Stumpf                             Directors
James Quigley   
Enrique Hernandez, Jr.