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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 (or Date of Earliest Event Reported): June 26, 1998
SWIFT ENERGY MANAGED PENSION
ASSETS PARTNERSHIP 1990-C, LTD.
(Exact name of Registrant as specified in its charter)
TEXAS 33-15998-10 76-0318473
(State of incorporation (Commission File Number) (IRS Employer
or organization) Identification No.)
16825 Northchase Drive, Suite 400
Houston, Texas 77060
(Address of principal executive offices)
(281) 874-2700
(Registrant's telephone number)
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ITEM 2. Disposition of Assets
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Substantially all of the assets of Swift Energy Mangaged Pension Assets
Partnership 1990-C, Ltd. (the "Partnership"), consisting of non-operating
interest in real property and in oil and gas reserves located therein,
("Property Interests") were sold at auction as of March 1, 1998. The bulk of the
Partnership's Property Interests included partial interest in three fields in
Schleicher County, Texas in the Permian Basis of West Texas and one field in
Wheeler County, Texas. Collectively, these four fields accounted for
approximately 63% of the total proceeds received from the sale of the
Partnership's Property Interests. The total proceeds to the Partnership, net of
selling expenses, were $623,736. The limited partners' share was $561,362. An
initial distribution of proceeds was made to the limited partners on April 15,
1998, representing all the assets of the Partnership except for insubstantial
amounts held back for contingency purposes. A small final distribution is
anticipated to be made on or about June 30, 1998, at which time the Partnership
will dissolve pursuant to the Texas Revised Limited Partnership Act.
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 person.
Dated: June 26, 1998
SWIFT ENERGY MANAGED PENSION ASSETS
PARTNERSHIP 1990-C, LTD.
By: Swift Energy Company, as Managing General Partner
By: ----------------------------------------
Alton D. Heckaman, Jr.
Vice President and Controller
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