UNITED STATES
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): October 10, 2007
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP I-E
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP I-F
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(Exact name of Registrant as specified in its Charter)
I-E: 0-15832 I-E: 73-1270110
Oklahoma I-F: 0-15833 I-F: 73-1292669
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(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
Two West Second Street, Tulsa, Oklahoma 74103
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (918) 583-1791
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the Registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
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ITEM 2.01. COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
On October 10, 2007, the Geodyne Energy Income Limited Partnership I-E
and Geodyne Energy Income Limited Partnership I-F (the "Partnerships") sold
their interests in a number of producing properties to independent third parties
at The Oil and Gas Clearinghouse auction in Houston, Texas. Samson Resources
Company, an affiliate of the General Partner, purchased properties from the
Partnerships through the competitive bidding process at the auction for total
net proceeds of approximately $4,307,000 and $1,694,000, respectively, to the
I-E and I-F Partnerships. Total net proceeds, including sales to affiliated
entities, for the auction are as described below:
Reserves
Number Sold as Reserve
of Location Number of 12/31/06 Value
Wells of of Oil Gas Sold Net
P/ship Sold Properties Purchasers (Bbls) (Mcf) 12/31/06 Proceeds
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I-E 115 Oklahoma 26 30,171 1,846,018 $4,972,266 $5,932,000
I-F 115 Oklahoma 26 11,649 750,373 2,019,960 2,317,000
The transactions are subject to standard auction closing conditions.
The proceeds from the sales, less transaction costs, will be included
in the February 15, 2008 cash distributions paid by the Partnerships.
This sale was in conjunction with the Partnerships' scheduled
termination on December 31, 2007. All of the Partnerships' properties will be
sold as part of the liquidation process. It is anticipated that auction sales
will continue through at least early 2008.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
The pro forma financial information that would be required pursuant to
Article 11 of Regulation S-X will be filed by amendment to this Form 8-K on or
before October 31, 2007.
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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 I-E
GEODYNE ENERGY INCOME LIMITED PARTNERSHIP I-F
By: GEODYNE RESOURCES, INC.
General Partner
//s// Dennis R. Neill
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Dennis R. Neill
President
DATE: October 16, 2007
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