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
April 22, 1996
(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.
On April 22, 1996, ONEOK Resources Company, a wholly-owned
subsidiary of ONEOK Inc. purchased substantially all of the
Oklahoma oil and gas properties of SCANA Petroleum Resources,
Inc., including approximately 500 producing oil and gas
properties.
The purchase price was $46.7 million and increased the Company's
estimated reserves to 94 billion cubic feet of gas and 2.2
million barrels of natural gas liquids.
The acquisition is 90 percent natural gas and increases ONEOK's
total oil and natural gas liquids reserves by 178 percent.
Funding of the purchase was from the proceeds of recent oil and
gas reserve sales in Alabama and Mississippi and internally
generated funds.
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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
26th day of April, 1996.
ONEOK Inc.
By: J. D. NEAL
J. D. Neal
Vice President, Chief
Financial Officer, and
Treasurer
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