ONEOK INC
8-K, 1995-02-22
NATURAL GAS TRANSMISISON & DISTRIBUTION
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                      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




                               February 14, 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

<PAGE>
Item 5. Other Information.

ONEOK Inc. is a party to a certain Stock and Interest Purchase
and Sale Agreement, dated February 10, 1995, between Columbia
Gulf Transmission, Tennessee Gas Pipeline Company, USX
Corporation, and ONEOK Inc. (Sellers) and NGC Energy Resources,
Limited Partnership (Buyer), pursuant to which the Sellers have
agreed to sell Ozark Gas Transmission System (Ozark System) to
the Buyer.  The Sellers directly or indirectly own the Ozark
System.  ONEOK Inc., through its wholly owned subsidiary Caney
River Transmission Company, is a 25 percent partner in the Ozark
System.  The closing of the transaction is anticipated on or
about May 1, 1995.  Recently, the remaining long-term notes were
called.  It is anticipated that the funds generated from certain
exit agreements and from the sale of the Ozark System will retire
the notes and allow the Company to fully recover its investment
in the Ozark System. 
<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
21st day of February, 1995.


                                      ONEOK Inc.

                                  By: (J. D. NEAL)              
                                       J. D. Neal 
                                       Vice President, Chief 
                                       Financial Officer, and
                                       Treasurer



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