EX-20.1 2 giie-exh.txt LETTER TO INVESTORS EXHIBIT 20.1 November 14, 2001 TO: All Limited Partners in the Geodyne Energy Income Limited Partnership II-E RE: Election to extend term of Partnership for additional two years As previously described to you, the limited partnership agreement, as amended (the "Agreement") for the above referenced Geodyne Energy Income Limited Partnership (the "Partnership") provides that the Partnership will automatically terminate and dissolve on December 31, 2001. The Agreement gives Geodyne Resources as General Partner an option to extend the term of the Partnership for up to five additional two year terms. Geodyne is hereby notifying you that it has elected to extend the above referenced Partnership's term for an additional two year period. Accordingly, Geodyne will file an amendment to the Partnership's Certificate of Limited Partnership extending the Partnership's term until December 31, 2003. 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