PANHANDLE OIL AND GAS INC. (NYSE:PHX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ITEM 5.02Departure of Directors or Certain Officers; Election of
Directors;

Appointment of Certain Officers

On March 8, 2017, Robert A. Reece retired from Panhandle Oil and
Gas Inc.s board of directors after serving on the board since
1986.

ITEM 5.07Submission of Matters to a Vote of Security Holders

Panhandle Oil and Gas Inc. (the Company) held its annual meeting
(the The Annual Meeting) of shareholders on March 8, 2017, at The
Oklahoma History Center in Oklahoma City, Oklahoma.A quorum
consisting of approximately 80% of the Companys Class A Common
Stock issued and outstanding was represented either in person or
by proxy.At the Annual Meeting the Companys shareholders voted on
the following proposals:(1) election of Darryl G. Smette, Paul F.
Blanchard Jr. and Mark T. Behrman as directors to serve three
year terms; (2) ratification of selection of Ernst Young LLP as
the Companys Independent Registered Public Accounting Firm for
fiscal year ended September 30, 2017; and (3) advisory vote on
executive compensation.Voting results of the proposals are as
follows:

About PANHANDLE OIL AND GAS INC. (NYSE:PHX)

Panhandle Oil and Gas Inc. is engaged in the acquisition, management and development of non-operated oil and natural gas properties, including wells located on its mineral and leasehold acreage. The Company’s mineral and leasehold properties are located primarily in Arkansas, New Mexico, North Dakota, Oklahoma and Texas, with properties also located in various other states. The Company’s oil, natural gas liquids (NGLs) and natural gas production is primarily from wells located in Arkansas, Oklahoma and Texas. As of September 30, 2015, the Company’s principal properties consisted of perpetual ownership of 255,411 net mineral acres, held principally in Arkansas, New Mexico, North Dakota, Oklahoma, Texas and six other states; leases on 19,575 net acres primarily in Oklahoma, and working interests, royalty interests, or both, in 6,195 producing oil and natural gas wells, and 65 wells in the process of being drilled or completed.

PANHANDLE OIL AND GAS INC. (NYSE:PHX) Recent Trading Information

PANHANDLE OIL AND GAS INC. (NYSE:PHX) closed its last trading session down -0.45 at 18.45 with 44,210 shares trading hands.