November 15, 2000
TO: Geodyne III-E Partnership Limited Partners
RE: Extension of term of Partnership
Dear Limited Partner:
As previously described to you, the limited partnership agreement (the
"Agreement") for the Geodyne Energy Income III-E Limited Partnership (the
"Partnership") provides that the Partnership will automatically terminate and
dissolve on December 26, 2000. The Agreement gives the General Partner an option
to extend the term of the Partnership for up to five additional two year terms.
The General Partner is hereby notifying you that it has decided to extend
the term of the Partnership for an additional two year period. Accordingly, the
new termination date for the Partnership will be December 26, 2002.
If you have any questions concerning the Partnership's extension please
contact Geodyne Investor Services at 918-583-1791 or 888-436-3963.
Very truly yours,
GEODYNE RESOURCES, INC.
General Partner
//s// Dennis R. Neill
--------------------------
Dennis R. Neill
President
