Michael Coffman, Chief Executive Officer, and Paul Blanchard, Chief Operating Officer of Panhandle Oil & Gas (NYSE: PHX), presented today at EnerCom’s The Oil & Services Conference™ 13. Panhandle Oil and Gas Inc. is engaged in the exploration and production of natural gas and oil. Currently the Company owns 255,300 fee mineral acres and a working interest and/or a royalty interest in over 6,100 wells. The company works as a non-operator throughout the Oklahoma Mid-Continent in plays like the Fayetteville, Granite Wash and Woodford. Additional information on the Company can be found at www.panhandleoilandgas.com.
During the company’s breakout session, management was asked the following questions:
- What is your revenue mix between oil and gas?
- What is the mix of leasehold vs. mineral rights?
- What is the time frame you have for developing the Eagle Ford acquisition? At what price do those development plans resume?
- What is your ownership structure?
- What is your outlook for natural gas price?
- What is your development plans for unleased, non-producing acres?
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