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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 15, 1998
ML OKLAHOMA VENTURE PARTNERS, LIMITED PARTNERSHIP
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(Exact name of registrant as specified in its charter)
Oklahoma 0-17198 73-1329487
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(State or other jurisdiction of (Commission File No.) (I.R.S. Employer
incorporation or organization) Identification No.)
Meridian Tower, Suite 1060
5100 East Skelly Drive
Tulsa, Oklahoma 74135
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (918) 663-2500
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ML OKLAHOMA VENTURE PARTNERS, LIMITED PARTNERSHIP
Item 5. Other Events.
On September 15, 1998, ML Oklahoma Venture Partners, Limited Partnership (the
"Partnership") received $1,278,800, representing the net proceeds from the sale
of its investment in Independent Gas Company Holdings, Inc. (the "Company"),
realizing a gain of $811,464. Such investment was sold back to Independent Gas
Company in connection with a recapitalization of the Company. The sale will be
recorded by the Partnership in its interim report for the quarter ending
September 30, 1998.
On September 28, 1998, the General Partners of the Partnership, approved a cash
distribution totaling $880,222 to be paid to Partners in October 1998. Limited
Partners of record on September 30, 1998 will receive $871,080 or $85 per unit
of limited partnership interest, and the General Partners will receive $9,142.
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.
ML OKLAHOMA VENTURE PARTNERS, LIMITED PARTNERSHIP
By: MLOK Co., Limited Partnership
its Managing General Partner
By: Merrill Lynch Venture Capital Inc.
its General Partner
By: /s/ Robert Aufenanger Date: September 28, 1998
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Robert Aufenanger
Executive Vice President and Director
