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): February 4, 2004
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP III-A
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP III-B
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP III-C
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP III-D
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP III-E
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP III-F
-------------------------------------------------------------------
(Exact name of Registrant as specified in its Articles)
III-A: 0-18302 III-A: 73-1352993
III-B: 0-18636 III-B: 73-1358666
III-C: 0-18634 III-C: 73-1356542
III-D: 0-18936 III-D: 73-1357374
III-E: 0-19010 III-E: 73-1367188
Oklahoma III-F: 0-19102 III-F: 73-1377737
- ---------------- -------------- -----------------
(State or other (Commission (I.R.S. Employer
jurisdiction of File No.) Identification)
incorporation or
organization)
Two West Second Street, Tulsa, Oklahoma 74103
----------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (918) 583-1791
ITEM 5: OTHER EVENTS
Year End Values. The General Partner is required to provide year-end
values of the Geodyne Energy Income Limited Partnership III-A, Geodyne Energy
Income Limited Partnership III-B, Geodyne Energy Income Limited Partnership
III-C, Geodyne Energy Income Limited Partnership III-D, Geodyne Energy Income
Limited Partnership III-E, and Geodyne Energy Income Limited Partnership III-F,
(collectively, the "Partnerships") underlying properties to its limited partners
pursuant to the Partnerships' partnership agreements. Attached is a form of the
letter to be sent to the limited partners on or about February 4, 2004, and a
chart showing, on a per-unit basis, the 2003 Year-End Estimated Valuations for
the Partnerships.
Jay-Little Escambia Creek Field Unit. The Geodyne Energy Income Limited
Partnership III-D (the "III-D Partnership") and Geodyne Energy Income Limited
Partnership III-E (the "III-E Partnership") own working interests in the
Jay-Little Escambia Creek Field Unit, located in Santa Rosa County, Florida (the
"Jay-Lec Field")
As noted on the chart attached as Exhibit 99.1 to this Current Report on
Form 8-K, the 2003 Year End Estimated Values for the III-D and III-E
Partnerships declined from the 2002 Year End Estimated Values. This decline is
primarily due to the Jay-Lec Field. Additional review of the Jay-Lec Field
indicates that additional costs are likely to be incurred in the plugging and
abandonment of wells located in the Field over the next several years, resulting
in a material reduction in the current estimates of the economic value of the
Jay-Lec Field. Assuming prices in effect at the time of the filing of the
Partnerships' September 30, 2003 Quarterly Report on Form 10-Q, this reduction
would lower the net present value of total Partnership reserves by approximately
5% for the III-D Partnership and 16% for the III-E Partnership.
ITEM 7: EXHIBITS
20.1 Form of letter to be sent to the limited partners of the Partnerships
on or about February 4, 2004.
99.1 Chart showing on a per-unit basis the 2003 Year-End Estimated
Valuations for the Partnerships.
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 III-A
Geodyne Energy Income Limited Partnership III-B
Geodyne Energy Income Limited Partnership III-C
Geodyne Energy Income Limited Partnership III-D
Geodyne Energy Income Limited Partnership III-E
Geodyne Energy Income Limited Partnership III-F
By: GEODYNE RESOURCES, INC.
General Partner
//s// Dennis R. Neill
-----------------------------
Dennis R. Neill
President
DATE: February 4, 2004