EX-25.1 8 ex25-1.htm ex25-1 -- Converted by SECPublisher 2.1.1.6, created by BCL Technologies Inc., for SEC Filing

Exhibit 25.1

 

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) ________

________________________________________

J. P. MORGAN TRUST COMPANY, NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)

    95-4655078 
(State of incorporation    (I.R.S. employer 
if not a national bank)    identification No.) 
 
1999 Avenue of the Stars, Floor 26     
Los Angeles, California    90067 
(Address of principal executive offices)    (Zip Code) 

     F. Henry Kleschen III
Assistant General Counsel
227 West Monroe Street, Suite 2600
Chicago, IL 60606
Tel: (312) 267-5064

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

SOUTHWESTERN ENERGY COMPANY
(Exact name of obligor as specified in its charter)

Arkansas    71-0205415 
(State or other jurisdiction of    (I.R.S. employer 
incorporation or organization)   
identification No 
 
 
2350 North Sam Houston Parkway East     
Suite 300     
Houston, Texas    77032 
(Address of principal executive offices)    (Zip Code) 

DEBT SECURITIES
(Title of the indenture securities)

________________________________________


 

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, Washington, D.C.
 
    Board of Governors of the Federal Reserve System, Washington, D.C.
 
  (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.

No responses are included for Items 3-15 of this Form T-1 because the Obligor is not in default as provided under Item 13.

Item 16.         List of Exhibits.

List below all exhibits filed as part of this statement of eligibility.

  Exhibit 
1. 
  Articles of Association of the Trustee as Now in Effect (see Exhibit 1 to Form  T-1 filed in connection with Form 8K of the Southern California WaterCompany filing, dated December 7, 2001, which is incorporated by reference). 
 
  Exhibit 
2. 
  Certificate of Authority of the Trustee to Commence Business (see Exhibit 2 to  Form T-1 filed in connection with Registration Statement No. 333-41329,  which is incorporated by reference). 
 
  Exhibit 
3. 
  Authorization of the Trustee to Exercise Corporate Trust Powers (contained in  Exhibit 2). 
 
  Exhibit 
4. 
  Existing By-Laws of the Trustee (see Exhibit 4 to Form T-1 filed in connection  with Form 8K of the Southern California Water Company filing, dated December 7, 2001, which is incorporated by reference). 
 
  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 

 


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SIGNATURE

         Pursuant to the requirements of the Trust Indenture Act of 1939, the Trustee, J. P. Morgan Trust Company, National Association, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Chicago, and State of Illinois, on the 21st day of July, 2005.

  J. P. Morgan Trust Company, National Association 
 
 
   
By
/s/ Benita A. Vaughn           
     
Benita A. Vaughn 
     
Authorized Officer 

 

 

 


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EXHIBIT 6
 
                                     THE CONSENT OF THE TRUSTEE REQUIRED 
   
BY  SECTION 321(b) OF THE ACT

 


July 21, 2005

Securities and Exchange Commission
Washington, D.C. 20549

 

Ladies and Gentlemen:

In connection with the qualification of an indenture between Southwestern Energy Company and J.P. Morgan Trust Company, National Association, as trustee, the undersigned, in accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, hereby consents that the reports of examinations of the undersigned, made by Federal or State authorities authorized to make such examinations, may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

  Very truly yours, 
     
  J.P. Morgan Trust Company, National Association
     
 
  By
/s/ Benita A. Vaughn             
   
Benita A. Vaughn 
   
Authorized Officer 

 

 


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Exhibit 7.

Report of Condition of the Trustee.

 

J. P. Morgan Trust Company, National Association
Statement of Condition
 
March 31, 2005
 
    ($000) 
Assets     
     Cash and Due From Banks 
$
29,397 
     Securities    207,530 
     Loans and Leases    110,719 
     Premises and Fixed Assets   
8,753 
     Intangible Assets    370,377 
     Goodwill    202,094 
     Other Assets    42,767 


           Total Assets 
$
971,637 


 
 
Liabilities     
     Deposits 
$
121,455 
     Other Liabilities    55,518 


           Total Liabilities    176,973 
 
Equity Capital     
     Common Stock    600 
     Surplus    701,587 
     Retained Earnings    92,477 


           Total Equity Capital    794,664 


 
           Total Liabilities and Equity Capital 
$
971,637 



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