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Operations Update

Panhandle Oil and Gas Inc. Reports Fiscal Second Quarter, Six Months 2015 Results and Mid-Year Reserve Update

OKLAHOMA CITY – May 7, 2015 – PANHANDLE OIL AND GAS INC. (NYSE: PHX) today reported financial and operating results for the Company’s fiscal second quarter and six months ended March 31, 2015.

HIGHLIGHTS FOR THE PERIODS ENDED MARCH 31, 2015

Panhandle Oil and Gas Inc. Announces Sept. 30, 2014, Reserves and Operations Update

OKLAHOMA CITY – Nov. 6, 2014/PR Newswire - PANHANDLE OIL AND GAS INC. (NYSE: PHX), “the Company,” a non-operating independent oil and natural gas company with reserves and production primarily in the Mid-Continent region and the Eagle Ford Shale, today announced estimated total proved reserve volumes for the Company’s fiscal year ended Sept. 30, 2014. Additional information on the Company can be found at www.panhandleoilandgas.com.

Panhandle Oil and Gas Inc. Reports Fiscal Third Quarter and Nine Months 2014 Results

OKLAHOMA CITY – Aug. 7, 2014 – PANHANDLE OIL AND GAS INC. (NYSE: PHX) today reported financial and operating results for the Company’s fiscal third quarter and nine months ended June 30, 2014.

HIGHLIGHTS FOR THE PERIODS ENDED JUNE 30, 2014

Panhandle Oil and Gas Inc. Reports Fiscal Second Quarter, Six Months 2014 Results and Mid-Year Reserve Update

OKLAHOMA CITY – May 8, 2014 – PANHANDLE OIL AND GAS INC. (NYSE:PHX) today reported financial and operating results for the Company’s fiscal second quarter and six months ended March 31, 2014.

HIGHLIGHTS FOR THE PERIODS ENDED MARCH 31, 2014

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