Panhandle Oil and Gas Inc.. announced today that it plans to release results for its fiscal 2018 year ended Sept. 30, 2018, on Tuesday, Dec. 11, 2018. Panhandle Oil and Gas Inc. Oklahoma City-based, Panhandle Oil and Gas Inc. is an oil and natural gas mineral and leasehold acreage-focused capital allocator seeking the highest per share returns while maintaining a conservative net leverage ratio to ensure survivability and [...]
Panhandle Oil and Gas today announced estimated total proved reserve volumes for the Company's fiscal year ended Sept. 30, 2018. Proved Reserves Panhandle's estimated total proved reserves at Sept. 30, 2018, increased 3% to 173.6 Bcfe from 168.6 Bcfe reported for Sept. 30, 2017, based on SEC mandated pricing. SEC prices at the wellhead at Sept. 30, 2018, were $2.56 per Mcf of natural gas, $62.86 per barrel of oil and [...]
Panhandle Oil and Gas Inc.. today reported that it has entered into a definitive agreement to sell 206 net mineral acres and the associated royalty production in Lea and Eddy Counties, N.M., to a private buyer for $9,290,000 cash. The transaction is expected to close by Nov. 30, 2018, and will have an effective date of Nov. 1, 2018. Like the vast majority of Panhandle's mineral acreage, these minerals were purchased by [...]
Panhandle Oil and Gas Inc.. announced today its management will present at the Southwest IDEAS Investor Conference on Thursday, Nov. 15, 2018, in Dallas at the Fairmont Dallas. The Company's presentation is scheduled for 11:20 a.m. . The presentation will be webcast live and a link to the webcast will be accessible from the Company's home page at www.panhandleoilandgas.com. Panhandle Oil and Gas Inc. Oklahoma City-based [...]
Panhandle Oil and Gas Inc.. announced that its Board of Directors, at its Oct. 24, 2018, meeting, approved a payment of the regular 4 cents per share quarterly dividend. The dividend will be payable on Dec. 6, 2018, to shareholders of record on Nov. 21, 2018. Panhandle Oil and Gas Inc. Oklahoma City based Panhandle Oil and Gas Inc. is engaged in the acquisition, management and development of non-operated oil and gas [...]
Panhandle Oil and Gas today reported that on Aug. 21, 2018, it closed on the acquisition of the mineral acreage and producing oil and gas properties announced in its July 19, 2018, press release. The purchased assets are primarily located in the Bakken/Three Forks play in North Dakota. Activity on the acreage is ongoing with eight of the 20 previously drilled uncompleted Bakken/Three Forks wells now producing. The [...]
Panhandle Oil and Gas announced today its management will present at the Midwest IDEAS Investor Conference on Thursday, Aug. 30, 2018, in Chicago at The Gwen Hotel. The Company's presentation is scheduled for 1:50 p.m. The presentation will be webcast live and a link to the webcast will be accessible from the Company's home page at www.panhandleoilandgas.com. Panhandle Oil and Gas Inc. Oklahoma City based Panhandle Oil[...]
Panhandle Oil and Gas announced today its management will present at Enercom's The Oil & Gas Conference 23 on Tuesday, Aug. 21, 2018, in Denver, Colo., at the Westin Denver Downtown. The Company's presentation is scheduled for 1:30 p.m. The presentation will be webcast live and may be accessed at the conference website, www.enercominc.com or a link to the webcast will be accessible from the Company's home page at [...]
Panhandle Oil and Gas today reported financial and operating results for the Company's fiscal third quarter and nine months ended June 30, 2018. 30, 2018 Increased total equivalent production 19%, as compared to the nine months ended June 30, 2017. Reported third quarter 2018 net loss of $775,093, $0.05 per diluted share, as compared to a net income of $1,260,758, $0.07 per diluted share, for the 2017 quarter. Generated [...]
Roster of private company presenters and panels adds extra flavor to popular Denver-based annual oil and gas investment conference DENVER, Aug. 1, 2018 /PRNewswire/ -- Regardless of whether your area of interest in the U.S. energy sector is the shale plays and companies drilling the U.S. basins, offshore drilling in the Gulf of Mexico, oil pipelines, LNG exports, Texas-sourced frac sand, oilfield services or new oilfield [...]
Panhandle Oil and Gas announced today that it plans to release results for its fiscal 2018 third quarter and nine months ended June 30, 2018, on Monday, Aug. 6, 2018. Panhandle Oil and Gas Inc. Oklahoma City based Panhandle Oil and Gas Inc. is engaged in the acquisition, management and development of non-operated oil and gas properties on its mineral and leasehold acreage, with its principal properties located in [...]
Panhandle Oil and Gas announced today that Robert O. Lorenz will be retiring from its Board of Directors in March 2019 at the end of his current term. In compliance with the Company's Bylaws, Mr. Lorenz was not eligible to serve another term due to age limitations. Mr. Lorenz has served as a Director of Panhandle since 2003 and has served as the Board's Lead Independent Director since Nov. 1, 2008. In anticipation of Mr [...]