X0306 4 2014-04-10 0 0000216851 PETROLEUM & RESOURCES CORP PEO 0001423744 Dale Kenneth James PETROLEUM & RESOURCES CORPORATION 7 ST. PAUL STREET, SUITE 1140 BALTIMORE MD 21202 1 0 0 0 Common Stock 2014-04-10 4 A 0 234.54 27.98 A 4928.222 D Common Stock 2014-04-10 4 A 0 400 27.98 A 5328.222 D Represents deferred stock units received in lieu of director retainer fees at the election of the reporting person. Each deferred stock unit represents the right to receive one share of common stock. These shares were granted as restricted stock units which will vest one year from the date of grant along with dividend equivalents, unless the reporting person elects to defer the vesting date. The restricted stock units and dividend equivalents will be issued in shares of common stock. Gail L. Valenti as Attorney-in-Fact for Kenneth J. Dale 2014-04-14