e305b2
 



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)   X  


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 U.S. national bank)
  identification No.)
 
   
1999 Avenue of the Stars – Floor 26
   
Los Angeles, CA
  90067
(Address of principal executive offices)
  (Zip Code)

Thomas F. Godfrey
Vice President and Assistant General Counsel
J. P. Morgan Trust Company, National Association
1 Chase Manhattan Plaza, 25th Floor
New York, New York 10081
Tel: (212) 552-2192
(Name, address and telephone number of agent for service)


Range Resources Corporation

(Exact name of obligor as specified in its charter)
     
Delaware
  34-1312571
(State or other jurisdiction of
  (I.R.S. employer
incorporation or organization)
  identification No.)
 
   
777 Main Street, Suite 800
   
Ft. Worth, Texas
  76102
(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 Water Company 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 (see Exhibit 6 to Form T-1 filed in connection with Registration Statement No. 333-41329, which is incorporated by reference).
 
   
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

2


 

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 Houston, and State of Texas, on the 10th day of January, 2005.

         
  J. P. Morgan Trust Company, National Association
 
 
  By   /s/ Mary Jane Henson    
    Mary Jane Henson   
    Vice President   
 

3

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Exhibit 7.
  Report of Condition of the Trustee.
 

      

     
Consolidated Report of Condition of   J.P. Morgan Trust Company, N.A., (formerly Chase Manhattan Bank and Trust Company, N.A.)
     
  (Legal Title)
                         
Located at   1800 Century Park East, Ste. 400   Los Angeles,   CA     90067  
     
  (Street)       (City)   (State)   (Zip)
 
                       
                         
as of close of business on
  September 30, 2004
                       
 
                       
 
 
                       
 

 


 

J. P. Morgan Trust Company, National Association

Statement of Condition

September 30, 2004

         
    in thousands  
Assets
       
 
       
Cash and Due From Banks
  $ 28,672  
 
       
Securities
    145,134  
 
       
Loans and Leases
    110,847  
 
       
Premises and Fixed Assets
    11,202  
 
       
Intangible Assets
    384,284  
 
       
Goodwill
    201,011  
 
       
Other Assets
    45,941  
 
     
 
       
Total Assets
  $ 927,091  
 
     
 
       
Liabilities
       
 
       
Deposits
  $ 94,426  
 
       
Other Liabilities
    55,575  
 
     
 
       
Total Liabilities
    150,001  
 
       
Equity Capital
       
 
       
Common Stock
    600  
 
       
Surplus
    701,587  
 
       
Retained Earnings
    74,903  
 
     
 
       
Total Equity Capital
    777,090  
 
     
 
       
Total Liabilities and Equity Capital
  $ 927,091