PETROLEUM & RESOURCES CORPORATION - FORM N-PX - JUNE 30, 2011

FORM N-PX

 

 

 

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-02736
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PETROLEUM & RESOURCES CORPORATION
-------------------------------------------------------------------------
(Exact name of registrant as specified in charter)

 

 

 

7 Saint Paul Street, Suite 1140, Baltimore, Maryland 21202
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(Address of principal executive offices)

 

 

 

Lawrence L. Hooper, Jr.
Petroleum & Resources Corporation
7 Saint Paul Street, Suite 1140
Baltimore, Maryland 21202
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(Name and address of agent for service)

 

 

 

Registrant's telephone number, including area code: (410) 752-5900
Date of fiscal year end: December 31
Date of reporting period: July 1, 2010 - June 30, 2011

 

 

 

Item 1. Proxy Voting Record

 

Description

Proposal Type
(Management
or Shareholder)

Voted
(Yes or No)

Vote
(For, Against, Abstain,
For All-Directors,
Withheld-Directors)

For/Against
Management

Issuer: AGL Resources

Ticker: AGL

CUSIP: 001204-10-6

Meeting Date: 05/03/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Omnibus Performance Incentive Plan

MGMT

YES

AGNST

AGNST

Employee Stock Purchase Plan

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Vote on Executive Compensation

MGMT

YES

3 YEARS

AGNST

Issuer: Anadarko Petroleum Corporation

Ticker: APC

CUSIP: 032511-10-7

Meeting Date: 05/17/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Vote on Executive Compensation

MGMT

YES

3 YEARS

FOR

Gender Identity Non-Discrimination Policy

SHLDR

YES

AGNST

FOR

Independent Director Chairman

SHLDR

YES

AGNST

FOR

Accelerated Vesting of Equity Awards

SHLDR

YES

AGNST

FOR

Report on Political Contributions

SHLDR

YES

AGNST

FOR

Issuer: Apache Corporation

Ticker: APA

CUSIP: 037411-10-5

Meeting Date: 05/05/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Authorize Additional Common Stock

MGMT

YES

FOR

FOR

Authorize Additional Preferred Stock

MGMT

YES

FOR

FOR

Approval of Omnibus Stock Plan

MGMT

YES

AGNST

AGNST

Issuer: Baker Hughes Inc.

Ticker: BHI

CUSIP: 057224-10-7

Meeting Date: 04/28/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Reapprove Performance Criteria for Incentive Compensation Plan

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

FOR

Majority Vote Standards for Director Elections

SHLDR

YES

AGNST

FOR

Issuer: CF Industries Holdings, Inc.

Ticker: CF

CUSIP: 125269-10-0

Meeting Date: 05/11/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

End Staggered Board

SHLDR

YES

FOR

AGNST

Issuer: Chevron Corporation

Ticker: CVX

CUSIP: 166764-10-0

Meeting Date: 05/25/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Independent Director With Environmental Expertise

SHLDR

YES

AGNST

FOR

Human Rights Committee

SHLDR

YES

AGNST

FOR

Sustainability Metric for Executive Compensation

SHLDR

YES

AGNST

FOR

Guidelines for Country Selection

SHLDR

YES

AGNST

FOR

Financial Risks from Climate Change

SHLDR

YES

AGNST

FOR

Hydraulic Fracturing

SHLDR

YES

AGNST

FOR

Offshore Oil Wells

SHLDR

YES

AGNST

FOR

Issuer: Cliffs Natural Resources Inc.

Ticker: CLF

CUSIP: 18683K-10-1

Meeting Date: 05/17/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Increase Authorized Shares

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Majority Voting for Director Elections

SHLDR

YES

AGNST

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Issuer: ConocoPhillips

Ticker: COP

CUSIP: 20825C-10-4

Meeting Date: 05/11/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Omnibus Stock and Performance Incentive Plan

MGMT

YES

AGNST

FOR

Gender Expression Non-Discrimination

SHLDR

YES

AGNST

FOR

Political Contributions

SHLDR

YES

AGNST

FOR

Report on Grassroots Lobbying Expenditures

SHLDR

YES

AGNST

FOR

Accident Risk Mitigation

SHLDR

YES

AGNST

FOR

Company Environmental Policy (Louisiana Wetlands)

SHLDR

YES

AGNST

FOR

Greenhouse Gas Reduction Targets

SHLDR

YES

AGNST

FOR

Report on Financial Risks from Climate Change

SHLDR

YES

AGNST

FOR

Canadian Oil Sands

SHLDR

YES

AGNST

FOR

Issuer: Consol Energy Inc.

Ticker: CNX

CUSIP: 20854P-10-9

Meeting Date: 05/04/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Issuer: Devon Energy Corporation

Ticker: DVN

CUSIP: 25179M-10-3

Meeting Date: 06/08/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Eliminate Supermajority Voting Provisions

MGMT

YES

FOR

FOR

Remove Unnecessary and Outdated Provisions

MGMT

YES

FOR

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Shareholder Action by Written Consent

SHLDR

YES

AGNST

FOR

Issuer: Dow Chemical Company

Ticker: DOW

CUSIP: 260543-10-3

Meeting Date: 05/12/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

FOR

Shareholder Action by Written Consent

MGMT

YES

AGNST

FOR

Issuer: Energen Corporation

Ticker: EGN

CUSIP: 29265N-10-8

Meeting Date: 04/27/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Amend Stock Incentive Plan

MGMT

YES

AGNST

AGNST

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Report on Hydraulic Fracturing

SHLDR

YES

AGNST

FOR

Issuer: EOG Resources, Inc.

Ticker: EOG

CUSIP: 26875P-10-1

Meeting Date: 05/03/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Accelerated Vesting of Stock Awards Upon Change of Control

SHLDR

YES

AGNST

FOR

Political Contributions

SHLDR

YES

AGNST

FOR

Issuer: EQT Corporation

Ticker: EQT

CUSIP: 26884L-10-9

Meeting Date: 05/10/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Short-Term Incentive Plan

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Majority Voting Standard for Director Elections

MGMT

YES

FOR

FOR

Vacancies in Board of Directors

MGMT

YES

FOR

FOR

Eliminate Shareholder Pre-Emptive Rights

MGMT

YES

FOR

FOR

Issuer: Exxon Mobil Corporation

Ticker: XOM

CUSIP: 30231G-10-2

Meeting Date: 05/25/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

FOR

Independent Chairman

SHLDR

YES

AGNST

FOR

Report on Political Contributions

SHLDR

YES

AGNST

FOR

Policy on Water

SHLDR

YES

AGNST

FOR

Report on Canadian Oil Sands

SHLDR

YES

AGNST

FOR

Report on Natural Gas Production

SHLDR

YES

AGNST

FOR

Report on Energy Technology

SHLDR

YES

AGNST

FOR

Greenhouse Gas Emissions Goals

SHLDR

YES

AGNST

FOR

Issuer: FMC Corporation

Ticker: FMC

CUSIP

Meeting Date: 04/26/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Issuer: Forest Oil Corporation

Ticker: FST

CUSIP: 346091-70-5

Meeting Date: 5/11/2011

Election of Directors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Issuer: Freeport-McMoRan Copper & Gold, Inc.

Ticker: FCX

CUSIP: 35671D-85-7

Meeting Date: 06/15/2011

Election of Directors

MGMT

YES

FOR ALL- DIRS

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Environmental Expert Director

SHLDR

YES

AGNST

FOR

Issuer: Halliburton Company

Ticker: HAL

CUSIP: 406216-10-1

Meeting Date: 05/19/2011

Election of Directors

MGMT

YES

FOR ALL- DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Human Rights Policy

SHLDR

YES

AGNST

FOR

Political Contributions

SHLDR

YES

AGNST

FOR

Issuer: Hess Corporation

Ticker: HES

CUSIP: 023551-10-4

Meeting Date: 05/04/2011

Election of Directors

MGMT

YES

FOR ALL- DIRS

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Approval of Performance Incentive Plan

MGMT

YES

FOR

FOR

International Coal Group, Inc.

Ticker: ICO

CUSIP: 45928H-10-6

Meeting Date: 05/18/2011

Election of Directors

MGMT

YES

FOR ALL- DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Pollution Reduction

SHLDR

YES

AGNST

FOR

Other Business

MGMT

YES

FOR

FOR

Issuer: Massey Energy Company (Special Meeting)

Ticker: MEE

CUSIP: 576206-10-6

Meeting Date: 06/01/2011

Merger between Alpha Natural Resources and Massey Energy Company

MGMT

YES

FOR

FOR

Adjourn Meeting

MGMT

YES

FOR

FOR

Issuer: Massey Energy Company

Ticker: MEE

CUSIP: 576206-10-6

Meeting Date: 10/06/2010

Declassify Board of Directors

MGMT

YES

FOR

FOR

Eliminate Cumulative Voting

MGMT

YES

FOR

FOR

Remove Supermajority Provisions related to amendment of bylaws

MGMT

YES

FOR

FOR

Remove Supermajority Provisions related to business combinations with 5% stockholder

MGMT

YES

FOR

FOR

Remove Prohibition of Right to Request Special Stockholder Meetings

MGMT

YES

FOR

FOR

Increase Authorized Shares

MGMT

YES

FOR

FOR

Other Business

MGMT

YES

FOR

FOR

Issuer: MDU Resources Group, Inc.

Ticker: MDU

CUSIP: 552690-10-9

Meeting Date: 04/26/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Performance Goals for Long-Term Incentive Plan

MGMT

YES

FOR

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Issuer: Nabors Industries Ltd.

Ticker: NBR

CUSIP: G6359F-10-3

Meeting Date: 06/07/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

FOR

Majority Vote Standard for Director Elections

SHLDR

YES

AGNST

FOR

Annual Election of Directors

SHLDR

YES

FOR

AGNST

Issuer: National Fuel Gas Company

Ticker: NFG

CUSIP: 636180-10-1

Meeting Date: 03/10/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

FOR

Issuer: National Oilwell Varco, Inc.

Ticker: NOV

CUSIP: 637071-10-1

Meeting Date: 05/19/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Annual Election of Directors

MGMT

YES

FOR

FOR

Increase Authorized Shares

MGMT

YES

FOR

FOR

Political Expenditures Report

SHLDR

YES

AGNST

FOR

Issuer: New Jersey Resources Corporation

Ticker: NJR

CUSIP: 646025-10-6

Meeting Date: 01/26/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Issuer: Newfield Exploration Company

Ticker: NFX

CUSIP: 651290-10-8

Meeting Date: 05/05/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Omnibus Stock Plan

MGMT

YES

AGNST

AGNST

Performance Goals of Omnibus Stock Plan

MGMT

YES

FOR

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

FOR

Issuer: Noble Energy, Inc.

Ticker: NBL

CUSIP: 655044-10-5

Meeting Date: 04/26/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Approve Amendments to Stock Option and Restricted Stock Plan

MGMT

YES

AGNST

AGNST

Issuer: Northeast Utilities (Special Meeting)

Ticker: NU

CUSIP: 664397-10-6

Meeting Date: 03/3/2011

Approve Merger

MGMT

YES

FOR

FOR

Increase Common Shares

MGMT

YES

FOR

FOR

Fix Number of Trustees at 14

MGMT

YES

FOR

FOR

Adjourn Special Meeting

MGMT

YES

FOR

FOR

Issuer: Northeast Utilities

Ticker: NU

CUSIP: 664397-10-6

Meeting Date: 05/10/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Issuer: Oasis Petroleum, Inc.

Ticker: OAS

CUSIP: 674215-10-8

Meeting Date: 05/05/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Issuer: Occidental Petroleum Corporation

Ticker: OXY

CUSIP: 674599-10-5

Meeting Date: 05/06/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

FOR

Report on Political Expenditures

SHLDR

YES

AGNST

FOR

Director with Environmental Expertise

SHLDR

YES

AGNST

FOR

Issuer: Pioneer Natural Resources Company

Ticker: PXD

CUSIP: 723787-10-7

Meeting Date: 05/17/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Majority Voting for Directors

SHLDR

YES

AGNST

FOR

Declassification of the Board

SHLDR

YES

FOR

AGNST

Issuer: Potash Corporation of Saskatchewan Inc.

Ticker: POT

CUSIP: 737552-10-7

Meeting Date: 05/12/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Performance Option Plan

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Issuer: Praxair, Inc.

Ticker: PX

CUSIP: 74005P-10-4

Meeting Date: 04/26/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Performance Goals Under Section 162M Plan

MGMT

YES

FOR

FOR

Approve Amendments to Long-Term Incentive Plan

MGMT

YES

FOR

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Issuer: QEP Resources, Inc.

Ticker: QEP

CUSIP: 74733V-10-0

Meeting Date: 05/18/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Issuer: Questar Corporation

Ticker: STR

CUSIP: 748356-10-2

Meeting Date: 05/10/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Issuer: Royal Dutch Shell plc

Ticker: RDS/A

CUSIP: 780257-80-4

Meeting Date: 05/17/2011

Adoption of Annual Reports and Accounts

MGMT

YES

FOR

FOR

Approval of Remuneration Report

MGMT

YES

FOR

FOR

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Remuneration of Auditors

MGMT

YES

FOR

FOR

Authority to Allot Shares

MGMT

YES

FOR

FOR

Supplication of Pre-Emption Rights

MGMT

YES

FOR

FOR

Authority to Purchase Own Shares

MGMT

YES

FOR

FOR

Authority for Certain Donations and Expenditure

MGMT

YES

FOR

FOR

Issuer: Schlumberger Limited

Ticker: SLB

CUSIP: 806857-10-8

Meeting Date: 04/06/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Increase Authorized Common Shares

MGMT

YES

FOR

FOR

Clarify Voting Standards in Contested Director Elections

MGMT

YES

FOR

FOR

Approve Financial Statements and Declaration of Dividends

MGMT

YES

FOR

FOR

Ratification of Independent Auditors

MGMT

YES

FOR

FOR

Issuer: Southwestern Energy Company

Ticker: SWN

CUSIP: 845467-10-9

Meeting Date: 05/17/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Reduce Ownership Threshold to Call Special Meeting of Stockholders

MGMT

YES

FOR

FOR

Political Contributions

SHLDR

YES

AGNST

FOR

Issuer: Spectra Energy Corporation

Ticker: SE

CUSIP: 847560-10-9

Meeting Date: 04/19/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Long-Term Incentive Plan

MGMT

YES

FOR

FOR

Short-Term Incentive Plan

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

FOR

Director Election Majority Vote

SHLDR

YES

AGNST

FOR

Issuer: Teck Resources Limited

Ticker: TCK

CUSIP: 878742-20-4

Meeting Date: 04/20/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Issuer: Transocean Limited

Ticker: RIG

CUSIP: G90073-10-0

Meeting Date: 05/13/2011

Approval of Annual Report

MGMT

YES

FOR

FOR

Discharge Members of Board and Management From Liability

MGMT

YES

FOR

FOR

Appropriation of Available Earnings

MGMT

YES

FOR

FOR

Proposed Reallocation of Free Reserve to Legal Reserve

MGMT

YES

FOR

FOR

Rescission of Distribution to Shareholders

MGMT

YES

FOR

FOR

Release and Allocation of Legal Reserve

MGMT

YES

FOR

FOR

New Authorized Share Capital

MGMT

YES

FOR

FOR

Reduction of Maximum Number of Members of the Board to 12

MGMT

YES

FOR

FOR

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Issuer: Weatherford International Limited

Ticker: WFT

CUSIP: G95089-10-1

Meeting Date: 5/25/2011

Approval of Annual Report

MGMT

YES

FOR

FOR

Discharge Members of Board and Management From Liability

MGMT

YES

FOR

FOR

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Executive Compensation Vote

MGMT

YES

3 YEARS

AGNST

Issuer: Williams Companies, Inc.

Ticker: WMB

CUSIP: 969457-10-0

Meeting Date: 05/19/2011

Election of Directors

MGMT

YES

FOR ALL-DIRS

FOR

Ratification of Appointment of Independent Auditors

MGMT

YES

FOR

FOR

Executive Compensation

MGMT

YES

FOR

FOR

Frequency of Vote on Executive Compensation

MGMT

YES

3 YEARS

AGNST

 

 

SIGNATURES:

 

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

PETROLEUM & RESOURCES CORPORATION
-------------------------------------------------------------------------

(Registrant)

 

 

BY:

/s/ Douglas G. Ober

 

---------------------------------------------------

 

Douglas G. Ober

 

Chairman, President and Chief Executive Officer

 

(Principal Executive Officer)

   

DATE:

July 22, 2011