UNITEDTable STATES SECURITIESof AND EXCHANGE COMMISSION Contents

~~Washington,~~UNITED DCSTATES SECURITIES AND EXCHANGE COMMISSION

~~FORM~~Washington, ~~8-K~~DC

~~CURRENT~~FORM ~~REPORT~~8-K ~~PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934~~

~~Date~~CURRENT ofREPORT PURSUANT ~~Report~~TO SECTION 13 OR 15(~~Date~~d) ofOF ~~earliest~~THE SECURITIES ~~event~~EXCHANGE ~~reported):~~ACT ~~August 30,~~OF ~~2005~~1934

~~THE~~Date ~~OILGEAR~~of ~~COMPANY~~ Report (Date of earliest event reported): June 7, 2006

~~(Exact~~THE ~~name~~OILGEAR ~~of Registrant as specified in its charter)~~COMPANY

Wisconsin	000-00822	39-0514580
(State of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
2300 South 51st Street Post Office Box 343924 Milwaukee, Wisconsin (Address of principal executive offices)		53234-3924 (Zip Code)

(Exact name of Registrant as specified in its charter)

(414) 327-1700 (Registrant’s telephone number, including area code)


Wisconsin (State of Incorporation)	000-00822 (Commission File Number)	39-0514580 (I.R.S. Employer Identification No.)

2300 South 51^st Street
Post Office Box 343924
Milwaukee, Wisconsin		53234-3924
(Address of principal executive offices)		(Zip Code)

~~Check the appropriate box below if the Form 8~~(414) 327-~~K filing is intended to simultaneously satisfy~~1700 ~~the~~(Registrant’s ~~filing~~telephone ~~obligation~~number, ofincluding ~~the~~area ~~registrant under any of the following provisions:~~ code)

oCheck ~~Written communications pursuant to Rule 425 under~~ the ~~Securities~~appropriate ~~Act~~box ~~(17~~below ~~CFR~~if ~~230.425) o Soliciting material pursuant to Rule 14a-12 under~~ the ~~Exchange~~Form ~~Act (17 CFR 240.14a~~8-~~12)~~K ofiling ~~Pre-commencement~~is ~~communications~~intended ~~pursuant~~ to ~~Rule~~simultaneously ~~14d-2(b)~~satisfy ~~under~~ the filing ~~Exchange~~obligation ~~Act~~of ~~(17~~the ~~CFR~~registrant ~~240.14d-2(b))~~under oany ~~Pre-commencement~~of ~~communications pursuant to Rule 13e-4(c) under~~ the ~~Exchange~~following ~~Act (17 CFR 240.13e-4(c))~~provisions:

~~Item~~o Written communications pursuant to Rule ~~8.01.~~425 ~~Other~~under ~~Events~~the Securities Act (17 CFR 230.425)

Ono Soliciting ~~August 30,~~material ~~2005,~~pursuant ~~The~~to ~~Oilgear Company (the “Company”) issued a press release announcing that on August~~Rule ~~30, 2005 the Company filed a Form 10~~14a-~~Q/A~~12 ~~for~~under the ~~quarter~~Exchange ~~ended~~Act ~~June 30,~~(17 ~~2005~~CFR 240.14a-12)

~~As stated in the press release, the financial statements included in the Form 10~~o Pre-~~Q/A~~commencement ~~include~~communications nopursuant ~~changes~~to ~~in the Company’s 2005~~Rule ~~year~~14d-~~to-date~~2(b) ~~results~~under ~~of operation or financial condition from~~ the ~~information included~~Exchange inAct ~~the~~(17 ~~previously filed Form 10-Q for the second quarter of 2005~~CFR 240.14d-2(b))

~~Also~~o Pre-commencement ~~as stated~~communications inpursuant ~~the~~to ~~press release, Nasdaq has confirmed that the Company is now in compliance with Nasdaq Marketplace~~ Rule ~~4310~~13e-4(c)~~(14),~~ ~~and,~~under ~~accordingly,~~ the ~~Company’s~~Exchange ~~securities~~Act ~~are~~(17 ~~no longer subject to delisting.~~CFR ~~The fifth character “E” be removed from the Company’s trading symbol and the trading symbol for the Company be changed back to OLGR at the opening of business on September 1, 2005~~240.13e-4(c))

ATABLE ~~copy~~OF ~~of the press release is attached as Exhibit 99.1 to this Current Report on Form 8–K.~~ CONTENTS

Item 2.01 Completion of Acquisition or Disposition of Assets Item 9.01. Financial Statements and Exhibits. SIGNATURES Press Release

(c) Exhibits Table of Contents

Exhibit Number		Description
99.1		Press Release, dated August 30, 2005, stating that the company is no longer subject to possible Nasdaq delisting; filing of Form 10-Q/A.

Item 2.01 Completion of Acquisition or Disposition of Assets.

~~SIGNATURES~~On June 7, 2006 the Company completed the sale of its Leeds, England facility, having recently moved into a leased facility located in the same general area. The Company’s Leeds facility primarily consisted of a one-story manufacturing plant and two office buildings constructed of concrete, steel and brick totaling approximately 52,000 square feet on six acres of land. The facility was sold to a developer for 4,150,000 British pound sterling (approximately $7,700,000 as of the date of this filing). The property had close to a zero book value and will result in a significant one-time gain being reported with respect to this transaction in the second fiscal quarter and for the year ending December 31, 2006. The proceeds from the sale are expected to be used to retire a 3,200,000 British Pound Sterling mortgage with Barclays Bank and to help fund the expenses of the move to the leased facility. A press release announcing the transaction is attached hereto as Exhibit 99.1.

~~Pursuant~~Item 9.01. toFinancial ~~the~~Statements ~~requirements~~and ~~of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized~~Exhibits.

	THE OILGEAR COMPANY
Date: August 30, 2005
	By:	/s/ David A. Zuege
		David A. Zuege, President and Chief Executive Officer

THE OILGEAR COMPANY (the “Registrant”) (Commission File No. 000-00822)


Exhibit Number		Description
99.1		Press Release dated June 7, 2006

EXHIBITTable INDEX TO FORM 8-K CURRENT REPORT Date of Report: August 30, 2005 Contents

Exhibit Number		Description
99.1		Press Release, dated August 30, 2005, stating that the Company is no longer subject to possible Nasdaq delisting; filing of Form 10-Q/A.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


	THE OILGEAR COMPANY

Date: June 8, 2006

	By:	/s/ Thomas J. Price
		Thomas J. Price, Vice President
		Chief Financial Officer and Secretary

THE OILGEAR COMPANY
(the “Registrant”)
(Commission File No. 000-00822)

EXHIBIT INDEX
TO
FORM 8-K CURRENT REPORT
Date of Report: June 7, 2006


Exhibit
Number		Description
99.1		Press Release dated June 7, 2006

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