OKLAHOMA CITY, March 9, 2020 /PRNewswire/ -- PANHANDLE OIL
AND GAS INC. (NYSE: PHX) the "Company," today announced the
Company's stockholders, at their annual meeting on March 3, 2020, in Oklahoma City, re-elected two incumbent
directors to additional three-year terms. Mark T. Behrman of Oklahoma City and Chad
L. Stephens of Fort Worth,
Texas, were elected to serve three-year terms ending in
2023. In addition, the stockholders approved the Panhandle Oil and
Gas Inc. Amended Restricted Stock Plan, approved an Amended and
Restated Certificate of Incorporation and ratified the appointment
of Ernst & Young, LLP as the Company's independent registered
public accounting firm for the fiscal year ending Sept. 30, 2020.
Panhandle Oil and Gas Inc. (NYSE:
PHX) Oklahoma
City-based, Panhandle Oil and Gas Inc. is an oil and natural
gas mineral company with a strategy to proactively pursue the
acquisition of additional minerals in our core areas of focus.
Panhandle owns approximately 258,000 net mineral acres principally
located in Oklahoma, North Dakota, Texas, New
Mexico and Arkansas.
Approximately 71% of this mineral count is unleased and
undeveloped. Additional information on the Company can be found at
www.panhandleoilandgas.com.
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SOURCE PANHANDLE OIL AND GAS INC.