RedactedNarrative: Vessel # 1 was traveling west across Oologah lake approximately 0.8 miles north of the Winganon Bridge and approximately 0.8 miles west of the East Side Boat Ramp. Vessel # 1 apparently struck a submerged object causing damage to the bottom of the vessel. Vessel # 1 began taking on water. The bow of Vessel # 1 sank leaving the aft of the vessel out of the water. The operator and passenger of Vessel #1 were able to grab one PFD and share it while they held on to the side Vessel # 1. Vessel # 1 began to drift north due to the high winds. Operator of Vessel # 1 was able to make a phone call for help with his cell phone. Vessel # 1 was located later by OHP Aircraft approximately 2.5 miles north of the Winganon Bridge. Rogers County Northwest FD Boat was able to rescue both the operator and passenger of Vessel # 1. Damage sustained on Vessel # 1 was a gash approximately 1 foot in length and 2 inches wide. Damage was located approximately 10 feet from the bow and 4 inches from the port (left) side on the bottom of the vessel. All Information in this report is based on statements made by the operator and passenger of Vessel # 1.