SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
May 5, 1995
(Date of report)
ONEOK Inc.
(Exact name of registrant as specified in its charter)
Delaware 1-2572 73-0383100
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
100 West Fifth Street Tulsa, OK 74103
(Address of principal executive offices)
(918) 588-7000
(Registrant's telephone number, including area code)
Page 1 of 3
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Item 5. Other Information.
The Oklahoma Corporation Commission (Commission), in an order
issued April 27, 1995, established a cap of $2.68 per thousand
cubic feet of gas (Mcf) on the price to be applied to gas volumes
received by the Company in its approved Payment-In-Kind program.
Prior to the order, the gas was priced at the weighted average
cost of gas. This is currently approximately 60 cents per Mcf
higher than the cap. The Commission action will have the effect
of reducing revenue.
The Commission is expected to consider further the Payment-In-
Kind program during the Company's rate proceeding now pending
before the Commission, in which an order is expected before the
end of June.
The Company has until May 30, 1995, to file an appeal of the
ruling.
<PAGE>
SIGNATURE
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, on this
5th day of May, 1995.
ONEOK Inc.
By: (J. D. NEAL)
J. D. Neal
Vice President, Chief
Financial Officer, and
Treasurer
