OKLAHOMA CITY, OKLA. – March 11, 2014 – 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.