SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported) September 6, 1995
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-A
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-B
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-C
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-D
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-E
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-F
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-G
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-H
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(Exact name of registrant as specified in its charter)
II-A: 0-16388 II-A: 73-1295505
II-B: 0-16405 II-B: 73-1303341
II-C: 0-16981 II-C: 73-1308986
II-D: 0-16980 II-D: 73-1329761
II-E: 0-17320 II-E: 73-1324751
II-F: 0-17799 II-F: 73-1330632
II-G: 0-17802 II-G: 73-1336572
Oklahoma II-H: 0-18305 II-H: 73-1342476
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(State of other Commission File Nos. I.R.S. Employer
jurisdiction of Identification Nos.
incorporation)
Two West Second Street, Tulsa, OK 74103
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(Address of principal executive offices)
Registrant's telephone number, including area code: 918-583-1791
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Item 5. Other Events
As set forth in "Section 3 - Legal Proceedings" of the
Registrants' Annual Report on Form 10-K for the year ended December
31, 1994, the Series II-A, II-B, II-C, II-D, and II-E Partnerships
(the "Partnerships") own an interest in certain oil and gas properties
which are subject to a lawsuit in which there is a possibility that
the Partnerships may recover damages as a result of an alleged breach
of a contract. (Wolverine Exploration Company, et al., vs. Natural Gas
Pipeline Company of America, Inc., et al., District Court, Tulsa
County, Oklahoma.) In June 1995, a hearing was conducted before a
three person arbitration panel and on September 6, 1995 the panel
issued its determination and awarded damages to the plaintiffs in the
matter.
The Partnerships estimated share of the awarded damages would
increase the following Partnerships' assets by the following
approximate amounts:
Total Partnership Per Unit
----------------- --------
II-A $1,300,000 $ 2.50
II-B 2,100,000 5.50
II-C 900,000 5.50
II-D 2,300,000 7.00
II-E 4,700,000 19.50
The above estimates may change for a number of reasons, including, but
not limited to, an appeal of the award by the one remaining defendant,
Texaco Inc.
At this time, it is not known if Texaco will seek further review
of the arbitration award, therefore, there is no assurance of when and
if the Partnerships will receive the amounts noted above. Geodyne
Resources, Inc. intends, however, to seek enforcement of the award of
the arbitration panel. The Partnerships are responsible for a portion
of the arbitration expenses not already paid, which amounts will be
reflected in the November 1995 cash distributions. Thereafter, it is
not expected that the legal expenses to defend the award will be as
significant as the expenses incurred by the Partnerships over the last
several months.
In the event the Partnerships ultimately receive any or all of
the damages awarded, the funds will be included in the Partnerships'
revenues for the quarter in which they are received. Unitholders who
hold Units at the time any related cash distribution is made, then,
will benefit from any recovery associated with the litigation.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-A
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-B
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-C
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-D
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-E
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-F
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-G
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP II-H
By: GEODYNE PROPERTIES, INC.
General Partner
DATE: September 11, 1995 By: /s/ Dennis R. Neill
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Dennis R. Neill
Senior Vice President
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