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


 

 
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)



ANTERO RESOURCES FINANCE CORPORATION
(Exact name of obligor as specified in its charter)

Delaware   90-0522247
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification No.)

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)



9.375% Senior Notes due 2017


TABLE OF ADDITIONAL REGISTRANT 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 Corporation

  Delaware     1311     32-0114849  

Antero Resources Midstream Corporation

  Delaware     4922     20-4862173  

Antero Resources Piceance Corporation

  Delaware     1311     20-4862124  

Antero Resources Pipeline Corporation

  Delaware     4922     20-4862061  

Antero Resources Appalachian Corporation

  Delaware     1311     80-0162034  

1625 17th Street
Denver, Colorado 80202
(303) 357-7310
(Address, Including Zip Code, and Telephone Number, Including Area
Code, of Registrant Guarantors Principal Executive Offices)


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 11th day of February, 2010.

    WELLS FARGO BANK, NATIONAL ASSOCIATION

 

 

/s/ PATRICK T. GIORDANO

Patrick T. Giordano
Vice President

EXHIBIT 6

February 11, 2010

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 September 30, 2009, 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

        $ 10,576  
 

Interest-bearing balances

          3,224  

Securities:

             
 

Held-to-maturity securities

          0  
 

Available-for-sale securities

          83,255  

Federal funds sold and securities purchased under agreements to resell:

             
 

Federal funds sold in domestic offices

          31,571  
 

Securities purchased under agreements to resell

          1,574  

Loans and lease financing receivables:

             
 

Loans and leases held for sale

          24,141  
 

Loans and leases, net of unearned income

    336,946        
 

LESS: Allowance for loan and lease losses

    10,037        
 

Loans and leases, net of unearned income and allowance

          326,909  

Trading Assets

          9,540  

Premises and fixed assets (including capitalized leases)

          4,211  

Other real estate owned

          1,413  

Investments in unconsolidated subsidiaries and associated companies

          437  

Direct and indirect investments in real estate ventures

          50  

Intangible assets

             
 

Goodwill

          11,407  
 

Other intangible assets

          15,136  

Other assets

          24,246  
             

Total assets

        $ 547,690  
             

LIABILITIES

             

Deposits:

             
 

In domestic offices

        $ 381,571  
   

Noninterest-bearing

    79,823        
   

Interest-bearing

    301,748        
 

In foreign offices, Edge and Agreement subsidiaries, and IBFs

          57,166  
   

Noninterest-bearing

    1,361        
   

Interest-bearing

    55,805        

Federal funds purchased and securities sold under agreements to repurchase:

             
 

Federal funds purchased in domestic offices

          3,708  
 

Securities sold under agreements to repurchase

          4,401  

Trading liabilities

          8,869  

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

          7,405  

Subordinated notes and debentures

          12,392  

Other liabilities

          21,101  
             

Total liabilities

        $ 496,613  

 
   
  Dollar Amounts
In Millions
 

EQUITY CAPITAL

             

Perpetual preferred stock and related surplus

          0  

Common stock

          520  

Surplus (exclude all surplus related to preferred stock)

          30,685  

Retained earnings

          18,971  

Accumulated other comprehensive income

          725  

Other equity capital components

          0  
             

Total bank equity capital

          50,901  

Noncontrolling (minority) interests in consolidated subsidiaries

          176  
             

Total equity capital

          51,077  
             

Total liabilities, and equity capital

        $ 547,690  
             

I, Howard I. Atkins, 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.

        Howard I. Atkins
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    
Carrie Tolstedt
Michael Loughlin
       



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