February 10, 2003
TO: All Limited Partners in the Geodyne Energy Income
Limited Partnership III-F
RE: Election to extend term of Partnership for additional two years
As previously described to you, the limited partnership agreement (the
"Agreement") for the Geodyne Energy Income III-F Limited Partnership (the
"Partnership") provides that the Partnership will automatically terminate and
dissolve on March 7, 2003.
The Agreement gives Geodyne Resources, Inc., as General Partner, an
option to extend the term of the Partnership for up to five additional two
year terms. Two years ago Geodyne exercised the first such extension.
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 March 7,
2005.
If you have any questions concerning the Partnership's extension,
please contact Geodyne Investor Services at 000-000-0000 or 000-000-0000.
Very truly yours,
GEODYNE RESOURCES, INC.
General Partner
Xxxxxx X. Xxxxx
President
