OKLAHOMA CITY, March 11, 2014 /PRNewswire/ -- PANHANDLE OIL AND GAS INC. (NYSE-PHX), the "Company," today announced the Company's shareholders, at their annual meeting on March 5, 2014, in Oklahoma City, re-elected two incumbent directors to additional three-year terms and one incumbent director to a one-year term.  Michael C. Coffman and Robert A. Reece of Oklahoma City, Okla., were elected to three-year terms and Duke R. Ligon of Oklahoma City, Okla., was elected to a one-year term.  In addition, the shareholders approved the Panhandle Oil and Gas Inc. Amended Restricted Stock Plan and ratified the appointment of Ernst & Young, LLP as the Company's independent registered public accounting firm for the fiscal year ending Sept. 30, 2014.

Panhandle Oil and Gas Inc. (NYSE-PHX) is engaged in the exploration for and production of natural gas and oil.      

Additional information on the Company can be found on the internet at www.panhandleoilandgas.com.

SOURCE Panhandle Oil and Gas Inc.