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): December 31, 2007 GEODYNE INSTITUTIONAL/PENSION ENERGY INCOME LIMITED PARTNERSHIP P-7 GEODYNE INSTITUTIONAL/PENSION ENERGY INCOME LIMITED PARTNERSHIP P-8 ------------------------------------------------------------------- (Exact name of Registrant as specified in its Articles) P-7: 0-20265 P-7: 73-1367186 Oklahoma P-8: 0-20264 P-8: 73-1378683 - ---------------- -------------- ----------------- (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 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)) -1- ITEM 8: OTHER EVENTS Termination of Partnership. The Geodyne Institutional/Pension Energy Income Limited Partnership P-7 and Geodyne Institutional/Pension Energy Income Limited Partnership P-8, (the "Partnerships") terminated pursuant to the terms of their limited partnership agreements on December 31, 2007. Attached is a copy of the letter to be sent to the limited partners on or about January 2, 2008 setting forth the notice of termination and related matters. Deregistration of Partnership. As a result of the termination of the Partnerships, the Partnerships will file on December 31, 2007 Forms 15 with the Securities and Exchange Commission deregistering the Partnerships from their securities reporting obligations at December 31, 2007. ITEM 9: EXHIBITS 20.1 Letter to be sent to the limited partners of Geodyne Institutional/Pension Energy Income Limited Partnership P-7 on or about January 2, 2008. 20.2 Letter to be sent to the limited partners of Geodyne Institutional/Pension Energy Income Limited Partnership P-8 on or about January 2, 2008. 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 Institutional/Pension Energy Income Limited Partnership P-7 Geodyne Institutional/Pension Energy Income Limited Partnership P-8 By: GEODYNE RESOURCES, INC. General Partner //s// Dennis R. Neill ----------------------------- Dennis R. Neill President DATE: December 31, 2007 -2-