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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: December 28, 1998
Commission file number 1-1097
OKLAHOMA GAS AND ELECTRIC COMPANY
(Exact name of registrant as specified in its charter)
Oklahoma 73-0382390
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization Identification No.)
321 North Harvey
P. O. Box 321
Oklahoma City, Oklahoma 73101-0321
(Address of principal executive offices)
(Zip Code)
405-553-3000
(Registrant's telephone number, including area code)
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Item 5. Other Events
Trigen
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As previously reported, Trigen-Oklahoma City Energy Corporation (Trigen)
sued Oklahoma Gas and Electric Company (OG&E) in the United States District
Court, Western District of Oklahoma, Case No. CIV-96-1595M. Trigen alleged
numerous causes of action, including monopolization of cooling services in
violation of Section 2 of the Sherman Act. On December 21, 1998, the jury
awarded Trigen in excess of $30 million in actual and punitive damages. The
entry of a judgment fixing the exact amount of damages is expected within the
next few weeks. OG&E expects to appeal the decision. While OG&E cannot predict
the outcome of any appeal, OG&E continues to believe that the ultimate
resolution of this case will not have a material adverse effect on OG&E's
financial position or results of operations.
Item 7. (c) Exhibits
Exhibit Number Description
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99.01 Press release dated December 21, 1998 announcing jury
verdict against OG&E in Trigen Lawsuit
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 thereunto duly authorized.
OKLAHOMA GAS & ELECTRIC COMPANY
(Registrant)
By /s/ Donald R. Rowlett
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Donald R. Rowlett
Controller Corporate Accounting
(On behalf of the registrant and in
his capacity as Controller Corporate Accounting)
December 28, 1998
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EXHIBIT INDEX
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EXHIBIT INDEX DESCRIPTION
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99.01 OKLAHOMA GAS & ELECTRIC COMPANY SET TO APPEAL TODAY'S JURY
VERDICT IN TRIGEN CASE
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EXHIBIT 99.01
OKLAHOMA GAS & ELECTRIC COMPANY SET TO APPEAL TODAY'S JURY VERDICT IN
TRIGEN CASE
OKLAHOMA CITY - As previously announced, Trigen-Oklahoma City Energy
Corporation (Trigen) sued Oklahoma Gas and Electric Company in the United States
District Court, Western District of Oklahoma. Trigen alleged numerous causes of
action, including monopolization of cooling services in violation of Section 2
of the Sherman Act. Earlier today, the jury awarded Trigen approximately $30.5
million in actual and punitive damages.
"We're surprised and very disappointed by the verdict," said company
spokesman Paul Renfrow. "We intend to seek reversal of the decision through the
appellate process. While we cannot predict the outcome of any appeal, we
continue to believe that the ultimate resolution of this case will not have a
material adverse effect on OGE Energy's consolidated financial position or its
results of operations."
OGE Energy Corp. (NYSE: OGE) is the parent of Oklahoma Gas and Electric
Company, a regulated electric utility serving 700,000 customers in Oklahoma and
western Arkansas. Enogex Inc., an unregulated natural gas gathering, processing
and transportation company, is another OGE Energy subsidiary, with principal
operations and pipelines in Oklahoma, Arkansas and Texas.
