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About
Panhandle Oil & Gas, Inc. engages in the acquisition, management, and development of non-operated oil and natural gas properties, including wells located on the firm's mineral and leasehold acreage. It explores, produces, and sells oil, gas, and natural gas liquids. Its mineral and leasehold properties are located primarily in Arkansas, New Mexico, North Dakota, Oklahoma, and Texas. The company was founded in 1926 and is headquartered in Oklahoma City, OK. | |||
Description
Panhandle Oil and Gas Inc. acquires, develops, and manages oil and natural gas properties in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its mineral and leasehold properties are located in Arkansas, New Mexico, North Dakota, Oklahoma, and Texas. As of September 30, 2016, the company owned 255,019 net mineral acres; leased 19,532 net acres; and held working and royalty interests in 6,233 producing oil and natural gas wells, as well as 45 wells in the process of being drilled or completed. It serves pipeline and marketing companies. Panhandle Oil and Gas Inc. was founded in 1926 and is based in Oklahoma City, Oklahoma. | |||
