Panhandle Oil and Gas Inc. (the "Company") held its annual meeting (the "The Annual Meeting") of shareholders on March 7, 2013 at the Waterford Marriott in Oklahoma City, Oklahoma. A quorum consisting of approximately 77% of the Company's Class A Common Stock issued and outstanding was represented either in person or by proxy. At the Annual Meeting the Company's shareholders voted on proposals to: (1) elect Robert O. Lorenz and Robert E. Robotti as directors to serve for three year terms; and (2) ratify the selection of Ernst & Young LLP as the Company's independent registered public accounting firm for fiscal year ended September 30, 2013. Voting results of the proposals are as follows:

Proposal #1 - Election of Two Directors:



                                        For          Against      Withheld       Abstentions       Broker Non-Votes
Robert O. Lorenz                      4,918,883           N/A       126,374               N/A              1,354,279
Robert E. Robotti                     4,071,774           N/A       973,483               N/A              1,354,279

Proposal #2 - Ratification of Selection of Independent

Registered Public Accounting Firm:

For Against Withheld Abstentions Broker Non-Votes Totals 6,343,226 29,738 N/A 26,572 -0-