EX-25.2 15 ex25-2.htm FORM T-1 STATEMENT OF ELIGIBILITY AND QUALIFICATION
 

Camber Energy, Inc. - S-3

Exhibit 25.2

 

 

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 (I.R.S. Employer
organization if not a U.S. national Identification No.)
bank)  
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)

 

 

Camber Energy, Inc.

(Exact name of registrant as specified in its charter)

 

Nevada 20-2660243
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)

 

450 Gears Road, Suite 860

Houston, Texas 77067

(713) 528-1881

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

 

 

 

Subordinated Debt Securities

 

 

 

 

 

 

*TABLE OF ADDITIONAL REGISTRANTS

 

The following subsidiaries of Camber Energy, Inc. are co-registrants under this registration statement.

         

Name

  Jurisdiction of
Incorporation or
Organization
  I.R.S. Employer
Identification Number
CEI Operating LLC   Texas   81-4630032
Camber Permian LLC   Texas   81-5377234

 

The address for each of the co-registrants is c/o Camber Energy, Inc., 450 Gears Road, Suite 860, Houston, Texas 77067, Telephone: (713) 528-1881.

 

The name and address, including zip code, of the agent for service for each of the co-registrants is Paul Pinkston, Chief Accounting Officer of Camber Energy, Inc., 450 Gears Road, Suite 860, Houston, Texas 77067. The telephone number, including area code, of the agent for service for each of the co-registrants is (713) 528-1881.

  

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 February, 2017.

 

  WELLS FARGO BANK, NATIONAL ASSOCIATION
     
   -s- Patrick T. Giordano  
  Patrick T. Giordano  
  Vice President  

 

 

 

 

EXHIBIT 6

 

February 21, 2017

 

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
     
   -s- Patrick T. Giordano  
  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 December 31, 2016, 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         $ 19,607  
Interest-bearing balances           200,504  
Securities:              
Held-to-maturity securities           99,478  
Available-for-sale securities           286,478  
Federal funds sold and securities purchased under agreements to resell:              
Federal funds sold in domestic offices           77  
Securities purchased under agreements to resell           22,705  
Loans and lease financing receivables:              
Loans and leases held for sale           19,947  
Loans and leases, net of unearned income     924,819        
LESS: Allowance for loan and lease losses     10,502        
Loans and leases, net of unearned income and allowance           914,317  
Trading Assets           36,745  
Premises and fixed assets (including capitalized leases)           7,745  
Other real estate owned           915  
Investments in unconsolidated subsidiaries and associated companies           11,334  
Direct and indirect investments in real estate ventures           233  
Intangible assets              
Goodwill           22,695  
Other intangible assets           17,298  
Other assets           67,157  
               
Total assets         $ 1,727,235  
               
LIABILITIES              
Deposits:              
In domestic offices         $ 1,218,766  
Noninterest-bearing     407,266        
Interest-bearing     811,500        
In foreign offices, Edge and Agreement subsidiaries, and IBFs           120,624  
Noninterest-bearing     1,115        
Interest-bearing     119,509        
Federal funds purchased and securities sold under agreements to repurchase:              
Federal funds purchased in domestic offices           6,444  
Securities sold under agreements to repurchase           9,562  

 

 

 

 

     
    Dollar Amounts 
    In Millions 
      
Trading liabilities   13,951 
Other borrowed money     
(includes mortgage indebtedness and obligations under capitalized leases)   159,898 
Subordinated notes and debentures   13,200 
Other liabilities   29,006 
      
Total liabilities  $1,571,451 
      
EQUITY CAPITAL     
Perpetual preferred stock and related surplus   0 
Common stock   519 
Surplus (exclude all surplus related to preferred stock)   106,705 
Retained earnings   49,373 
Accumulated other comprehensive income   (1,220)
Other equity capital components   0 
      
Total bank equity capital   155,377 
Noncontrolling (minority) interests in consolidated subsidiaries   407 
      
Total equity capital   155,784 
      
Total liabilities, and equity capital  $1,727,235 

 

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.

  

Directors

James Quigley

Enrique Hernandez, Jr

Cynthia Milligan