EX-25.1 7 d458876dex251.htm EX-25.1 EX-25.1

Exhibit 25.1

 

 

 

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)

 

 

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

(Exact name of trustee as specified in its charter)

 

95-3571558

(I.R.S. Employer Identification Number)

 

400 South Hope Street, Suite 500  
Los Angeles, CA   90071
(Address of principal executive offices)   (Zip Code)

Rhea L. Ricard, Legal Department

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

400 South Hope Street, Suite 500

Los Angeles, California 90071

(213) 630-6476

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

 

 

SESI, L.L.C.

(Exact name of obligor as specified in its charter)

 

Delaware   76-0664124
(State or other jurisdiction   (I.R.S. Employer
of incorporation or organization)   Identification Number)

 

1001 Louisiana Street, Suite 2900  
Houston, Texas   77002
(Address of principal executive offices)   (Zip Code)

 

 

7.75% Senior Notes due 2024 and

Guarantees of 7.75% Senior Notes due 2024

(Title of the indenture securities)

 

 

 


GUARANTORS

 

Exact Name of Obligor as

Specified in its Charter

   State or Other Jurisdiction of
Incorporation or Organization
   I.R.S. Employer
Identification Number
  

Address of Principal

Executive Offices

Superior Energy Services, Inc.

   Delaware    75-2379388   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002

1105 Peters Road, L.L.C.

   Louisiana    76-0664198   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002

Complete Energy Services, Inc.

   Delaware    73-1719295   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002

Connection Technology, L.L.C.

   Louisiana    76-0664128   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002

CSI Technologies, LLC

   Texas    47-0946936   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002

H.B. Rentals, L.C.

   Louisiana    72-1307291   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002

International Snubbing Services, L.L.C.

   Louisiana    76-0664134   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002

Pumpco Energy Services, Inc.

   Delaware    71-0987310   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002

SPN Well Services, Inc.

   Texas    26-0372682   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002

Stabil Drill Specialties, L.L.C.

   Louisiana    76-0664138   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002

Superior Energy Services, L.L.C.

   Louisiana    76-0664196   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002

Superior Energy Services-North America Services, Inc.

   Delaware    45-4535131   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002

Superior Inspection Services, L.L.C.

   Louisiana    72-1454991   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002

Warrior Energy Services Corporation

   Delaware    20-8009424   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002

Wild Well Control, Inc.

   Texas    74-1873477   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002

Workstrings International, L.L.C.

   Louisiana    72-1340390   

1001 Louisiana Street, Suite 2900,

Houston, Texas 77002


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 – 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 the obligor.

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

None.

Pursuant to General Instruction B of Form T-1, 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 and the trustee is not a foreign trustee as provided under Item 15.

 

Item 16. List of exhibits.

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

Exhibits identified in parentheses below as being previously filed with the United States Securities and Exchange Commission are incorporated herein by reference as exhibits 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., as now in effect (Exhibit 1 to Form T-1 filed on September 8, 2008, in connection with Registration Statement No. 333-135006).

 

  2. A copy of the certificate of authority of the trustee to commence business (Exhibit 2 to Form T-1 filed on 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 October 28, 2009, in connection with Registration Statement No. 333-162713).


  5. Not applicable.

 

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

 

  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.

 

  8. Not applicable.

 

  9. Not applicable.


SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939 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 Chicago, and State of Illinois, on the 23rd day of February, 2018.

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

 

By:   /s/ R. Tarnas
 

Name:    R. Tarnas

 

Title:      Vice President


EXHIBIT 6

The consent of the trustee required by Section 321 (b) of the Trust Indenture Act of 1939

February 23, 2018

United States

Securities and Exchange Commission

Washington, D.C. 20549

Ladies and Gentlemen:

In connection with the qualification of the Indenture between SESI, L.L.C., each of the Guarantors party thereto and The Bank of New York Mellon Trust Company, N.A., 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, State, Territorial, or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

 

The Bank of New York Mellon Trust Company, N.A.
By:   /s/ R. Tarnas
  Name:    R. Tarnas
  Title:      Vice President


EXHIBIT 7

Consolidated Report of Condition of

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

of 400 South Hope Street, Suite 500, Los Angeles, CA 90071

At the close of business December 31, 2017, 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

     4,247  

Interest-bearing balances

     533,579  

Securities:

  

Held-to-maturity securities

     0  

Available-for-sale securities

     542,018  

Federal funds sold and securities purchased under agreements to resell:

  

Federal funds sold

     0  

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)

     10,756  

Other real estate owned

     0  

Investments in unconsolidated subsidiaries and associated companies

     0  

Direct and indirect investments in real estate ventures 0

  

Intangible assets:

  

Goodwill

     856,313  

Other intangible assets

     24,347  

Other assets

     121,741  
  

 

 

 

Total assets

   $ 2,093,001  
  

 

 

 


LIABILITIES

     

Deposits:

     

In domestic offices

        602  

Noninterest-bearing

     602     

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

        222,312  

Total liabilities

        222,914  

Not applicable

     

EQUITY CAPITAL

     

Perpetual preferred stock and related surplus

        0  

Common stock

        1,000  

Surplus (exclude all surplus related to preferred stock)

        1,123,124  

Not available

     

Retained earnings

        747,028  

Accumulated other comprehensive income

        (1,065

Other equity capital components

        0  

Not available

     

Total bank equity capital

        1,870,087  

Noncontrolling (minority) interests in consolidated subsidiaries

        0  

Total equity capital

        1,870,087  
     

 

 

 

Total liabilities and equity capital

        2,093,001  
     

 

 

 

I, Matthew J. McNulty, 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.

Matthew J. McNulty    )         CFO

We, the undersigned directors (trustees), attest to the correctness of the Reports 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.

Antonio I. Portuondo, President     )

William D. Lindelof, Director        )             Directors (Trustees)

Alphonse J. Briand, Director          )