X0201 5 2003-12-31 0 0 0 0000216851 PETROLEUM & RESOURCES CORP PEO 0001202950 TRUTA JOSEPH M 7 ST PAUL STREET STE 1140 BALTIMORE MD 21202 0 1 0 0 Executive Vice President Common Stock 2003-12-31 5 J 0 438 A 4809 I By Issuer's Thrift Plan Trust The number of shares of Common Stock reported as held by the Issuer's Thrift Plan Trust represents the undersigned's proportionate beneficial interest in such stock held in the Trust. Such number is based on information as of 12/31/03, the most recent date as of which such information is available. This number reflects periodic contributions made during 2003 and changes in the number of shares previously reported due to fluctuations in market price and interests in the Trust. Shares were acquired by the Trustee at various times during 2003. The Issuer's stock traded in a range of $23.77-$18.28 during the year 2003. Joseph M. Truta 2004-02-12