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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



o 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
(Jurisdiction of incorporation or
organization if not a U.S. national bank)
  94-1347393
(I.R.S. Employer
Identification No.)

101 North Phillips Avenue
Sioux Falls, South Dakota

(Address of principal executive offices)

 

57104
(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)



ANTERO RESOURCES FINANCE CORPORATION*
(Exact Name of Obligor as Specified in Its Charter)

Delaware
(State or Other Jurisdiction of
Incorporation or Organization)
  1311
(Primary Standard Industrial
Classification Code Number)
  90-0522247
(I.R.S. Employer
Identification Number)

1625 17th Street
Denver, Colorado 80202
(303) 357-7310

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

6.0% Senior Notes due 2020
(Title of the indenture securities)

   



*TABLE OF ADDITIONAL OBLIGOR GUARANTORS

Exact Name of Registrant Guarantor(1)
  State or Other
Jurisdiction of
Incorporation or
Formation
  Primary
Standard
Industrial
Classification
Code Number
  IRS Employer
Identification
Number

Antero Resources LLC

  Delaware     1311   90-0522242

Antero Resources Bluestone LLC

  Delaware     1311   27-4033442

Antero Resources Appalachian Corporation

  Delaware     1311   80-0162034

(1)
The address for each Registrant Guarantor is 1625 17th Street, Denver, Colorado 80202, and the telephone number for each Registrant Guarantor is (303) 357-7310

Item 1.    General Information.    Furnish the following information as to the trustee:

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 and Fiduciary Powers for Wells Fargo Bank, National Association, dated February 4, 2004.**

 

Exhibit 3.

 

See Exhibit 2

 

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 Hornbeck Offshore Services LLC file number 333-130784-06.

**
Incorporated by reference to the exhibit of the same number to the trustee's Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of Trans-Lux Corporation file number 022-28721.

***
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 May 26, 2005 of Penn National Gaming Inc. file number 333-125274.


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 March, 2013.

    WELLS FARGO BANK, NATIONAL ASSOCIATION

 

 

/s/ PATRICK T. GIORDANO

Patrick T. Giordano
Vice President


EXHIBIT 6

March 21, 2013
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

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, 2012, 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

        $ 22,460  

Interest-bearing balances

          105,937  

Securities:

             

Held-to-maturity securities

          0  

Available-for-sale securities

          203,661  

Federal funds sold and securities purchased under agreements to resell:

             

Federal funds sold in domestic offices

          46  

Securities purchased under agreements to resell

          30,783  

Loans and lease financing receivables:

             

Loans and leases held for sale

          29,991  

Loans and leases, net of unearned income

    745,960        

LESS: Allowance for loan and lease losses

    14,234        

Loans and leases, net of unearned income and allowance

          731,726  

Trading Assets

          34,637  

Premises and fixed assets (including capitalized leases)

          7,746  

Other real estate owned

          3,891  

Investments in unconsolidated subsidiaries and associated companies

          595  

Direct and indirect investments in real estate ventures

          11  

Intangible assets

             

Goodwill

          21,545  

Other intangible assets

          19,870  

Other assets

          53,226  
             

Total assets

        $ 1,266,125  
             

LIABILITIES

             

Deposits:

             

In domestic offices

        $ 918,331  

Noninterest-bearing

    253,411        

Interest-bearing

    664,920        

In foreign offices, Edge and Agreement subsidiaries, and IBFs

          76,108  

Noninterest-bearing

    1,821        

Interest-bearing

    74,287        

Federal funds purchased and securities sold under agreements to repurchase:

             

Federal funds purchased in domestic offices

          17,247  

Securities sold under agreements to repurchase

          12,230  

Trading liabilities

          18,815  

Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)

          39,654  

Subordinated notes and debentures

          16,747  

Other liabilities

          32,260  
             

Total liabilities

        $ 1,131,392  

EQUITY CAPITAL

             

Perpetual preferred stock and related surplus

          0  

Common stock

          519  

Surplus (exclude all surplus related to preferred stock)

          101,833  

Retained earnings

          24,167  

Accumulated other comprehensive income

          7,144  

Other equity capital components

          0  
             

Total bank equity capital

          133,663  

Noncontrolling (minority) interests in consolidated subsidiaries

          1,070  
             

Total equity capital

          134,733  
             

Total liabilities, and equity capital

        $ 1,266,125  

        I, Timothy J. Sloan, 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.

    Timothy J. Sloan
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
David Hoyt    
Michael Loughlin    



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TABLE OF ADDITIONAL OBLIGOR GUARANTORS
SIGNATURE
EXHIBIT 6