Panhandle Oil and Gas Inc. (NYSE: PHX)

Company Overview

The company owns 255,000 fee mineral acres and a working interest and/or a royalty interest in over 5,800 wells. Major plays include: STACK, Cana, Scoop, Woodford, Fayetteville Shale, and the Eagle Ford

The Oil and Gas Conference Presenting Companies: Panhandle Oil and Gas

Panhandle Oil and Gas Assets; Source: Panhandle Oil and Gas

  • 255,000 net mineral acres; 183,000 are currently unleased and undeveloped.

Summary

  • Q1-2018 Revenue: $11.4 million
  • Q1-2018 Production: 5.33 MBOEPD
  • Total Common Stock Outstanding: 16.8 million
  • Enterprise Value: $387 million
  • Total Debt: $43.5 million
  • 1P Reserves: 28.1 MMboe
  • Operating Margin: +12.98%

Management Team

Paul F. Blanchard, Jr. – President, CEO

Robb P. Winfield – Vice President, CFO & Controller

Freda R. Webb – Vice President, Operations

Lonnie J. Lowry –Vice President, Corporate Secretary

The Oil and Gas Conference®

Panhandle Oil and Gas is presenting at EnerCom’s The Oil & Gas Conference® at the Denver Downtown Westin Hotel, Denver, Colo. Aug. 19-23, 2018. EnerCom expects to have more than 80 presenting oil and gas companies and more than 2000 financial professionals attending this year’s conference.

To learn more about the conference and presenter schedule please visit the conference website here.


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