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OKC LIMITED PARTNERSHIP ANNOUNCES TRANSFER TO BOX ENERGY CORPORATION

OKC LIMITED PARTNERSHIP ANNOUNCES TRANSFER TO BOX ENERGY CORPORATION
 DALLAS, April 16 /PRNewswire/ -- Cloyce K. Box, the general partner of OKC Limited Partnership, announced today that the conversion was concluded at 4:45 p.m. yesterday whereby all of the assets and liabilities of OKC Limited Partnership were transferred to Box Energy Corporation in exchange for the common stock of Box Energy Corporation.
 OKC will make a liquidating distribution of the shares of Box Energy Corporation to all unitholders of record on a one-for-one basis in proportion to their respective interests in OKC. All units with voting rights as of the close of trading on April 15, 1992 will be exchanged for Class A (voting) common stock, and all other units will be exchanged for Class B (non-voting) common stock.
 Box also announced that both classes of stock of Box Energy Corporation will be listed and available for trading on the NASDAQ National Market System today, as well as the Pacific Stock Exchange. Hereafter, the depositary receipts for OKC units will no longer be tradable. The symbol for Class A common stock will be BOXXA, and the symbol for Class B common stock will be BOXXB.
 -0- 4/16/92
 /CONTACT: Cloyce K. Box, general partner of OKC Limited Partnership, 214-890-8000/
 (OKC) CO: OKC Limited Partnership ST: Texas IN: OIL SU:


SM -- NY039 -- 9183 04/16/92 10:29 EDT
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Publication:PR Newswire
Date:Apr 16, 1992
Words:230
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