X0303 4 2009-01-07 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 2009-01-07 4 M 0 5185 6.615 A 5185 D Common Stock 2009-01-07 4 M 0 5185 21.74 D 0 D Common Stock 2009-01-08 4 A 0 1786 0 A 0 D Common Stock 2008-12-31 5 J 0 E 148 0 A 7388 D Common Stock 2008-12-31 5 J 0 E 448 0 A 8370 I By Issuer's Thrift Plan Trust Stock options w/tandem SARs 6.615 2009-01-07 4 M 0 5185 0 D 2008-01-01 2013-01-09 Common Stock 5185 0 D N/A. Restricted Stock Grant. Shares will vest in 2012. These shares were acquired in exempt transactions as a result of dividend reinvestment. The Issuer's stock traded in a range of $17.37-$44.41 during 2008. The number of shares 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 December 31, 2008, the most recent date as of which such information is available. This number reflects periodic contributions made during 2008, shares acquired by the Trustee through dividend reinvestment, and changes in the number of shares previously reported due to fluctuations in the market price and interests in the Trust. Shares were acquired by the Trustee at various times during 2008. The Issuer's stock traded in a range of $17.37-$44.41. Joseph M. Truta 2009-01-09