Item 8.01 Other Events

         OGE Energy Corp. (the “Company”) is the parent company of Oklahoma Gas and Electric Company (“OG&E”), a regulated electric utility with approximately 744,000 customers in Oklahoma and western Arkansas, and Enogex Inc. and its subsidiaries (“Enogex”), a natural gas pipeline business with principal operations in Oklahoma.

         As previously reported in the Company’s Form 10-Q for the quarter ended September 30, 2005 (the “Form 10-Q”), in September 2005, Enogex announced that it had entered into an agreement to sell its interest in Enogex Arkansas Pipeline Corporation (“EAPC”), which held the interest in NOARK Pipeline System Limited Partnership, for approximately $163 million plus a working capital adjustment, which at the time was estimated at $10 million. The Company completed this sale transaction on October 31, 2005. In the Form 10-Q, the Company disclosed that it received approximately $173 million in cash proceeds and that it expected to recognize an after tax gain of slightly more than $50 million from the sale of this business in the fourth quarter. After completing the October accounting closing process, the Company now expects to recognize an after tax gain of approximately $38 million from the sale of this business. In addition, the expected post-closing working capital adjustment was revised, resulting in expected cash proceeds of $178 million ($163 million plus a $15 million working capital adjustment) and anticipated net cash proceeds, after payment of debt associated with EAPC, taxes and post-closing adjustments, of approximately $98 million. This business was part of the Company’s Natural Gas Pipeline segment.

         The Company’s earnings guidance for 2005 remains unchanged because, as disclosed in the Form 10-Q, the guidance did not include the expected gains on the sale of EAPC.