<PAGE> 1
FORM 4
U.S SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[x] Check this box if no longer
subject to Section 16. Form 4
or Form 5 obligations may
continue. See Instruction 1(b).
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person
STRATUM GROUP, L.P.
(Last) (First) (Middle)
650 FIFTH AVENUE
(Street)
NEW YORK NY 10019
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GOTHIC ENERGY CORPORATION; "GOTH"
3. IRS or Social Security Number of Reporting Person (Voluntary)
13-3792279
4. Statement for Month/Year
JUNE 1996
5. If Amendment, Date of Original (Month/Year)
JUNE 1995
6. Relationship of Reporting Person to Issuer (Check all applicable)
____ Director ____ 10% Owner
____ Officer (give title below) ____ Other (specify below)
___________________________________________________________
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FORM 4 (continued)
TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF,
OR BENEFICIALLY OWNED
1. Title of Security (Instr. 3)
____________________________________________________________
____________________________________________________________
____________________________________________________________
2. Transaction Date (Month/Day/Year)
____________________________________________________________
____________________________________________________________
____________________________________________________________
3. Transaction Code (Instr. 8)
Code V
_____________________ ________________________
_____________________ ________________________
_____________________ ________________________
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
Amount (A) or (D) Price
_______________ _______________ _______________
_______________ _______________ _______________
_______________ _______________ _______________
5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4)
_________________________________________________________
_________________________________________________________
_________________________________________________________
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
_________________________________________________________
_________________________________________________________
_________________________________________________________
7. Nature of Indirect Beneficial Ownership (Instr. 4)
_________________________________________________________
_________________________________________________________
_________________________________________________________
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly
(Print or Type Responses) (Over)
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FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or
Beneficially Owned (e.g., puts, calls, warrants,
options, convertible securities)
1. Title of Derivative Security (Instr. 3)
_________________________________________________________
_________________________________________________________
_________________________________________________________
2. Conversion or Exercise Price of Derivative Security
_________________________________________________________
_________________________________________________________
_________________________________________________________
3. Transaction Date (Month/Day/Year)
_________________________________________________________
_________________________________________________________
_________________________________________________________
4. Transaction Code (Instr. 8)
Code V
_____________________ ________________________
_____________________ ________________________
_____________________ ________________________
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 or 5)
(A) (D)
_____________________ ________________________
_____________________ ________________________
_____________________ ________________________
6. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
_________________________________________________________
_________________________________________________________
_________________________________________________________
7. Title and Amount of Underlying Securities (Instr. 3 and 4)
Title Amount or Number of Shares
_____________________ ________________________
_____________________ ________________________
_____________________ ________________________
8. Price of Derivative Security (Instr. 5)
_________________________________________________________
_________________________________________________________
_________________________________________________________
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FORM 4 (continued)
9. Number of Derivative Securities Beneficially Owned at End of Month
(Instr. 4)
_________________________________________________________
_________________________________________________________
_________________________________________________________
10.Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
_________________________________________________________
_________________________________________________________
_________________________________________________________
11.Nature of Indirect Beneficial Ownership (Instr. 4)
_________________________________________________________
_________________________________________________________
_________________________________________________________
Explanation of Responses: On January 30, 1996, Stratum Group, L.P.
(successor by merger to the original Reporting Person, Stratum Group,
L.L.C.) ceased to be the beneficial owner of 10% or more of the common
stock of the Issuer as a result of the public offering of additional shares
of common stock by the Issuer on January 30, 1996.
STRATUM GROUP, LP.
By: /s/ Joseph M. Rinaldi JUNE 5, 1996
** Signature of Reporting Person Name: Joseph M. Rinaldi Date
Title: President and Chief
Executive Officer
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
