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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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MIC-Info: RSA-MD5,RSA,
 DEypARrCAC0JwKgUtAVQLacE22tJmp6bv+Ppw749xaskac68p2uM57uxWgxjBP5k
 AGfUqN2TIYqTgGUSjgeCYw==

<SEC-DOCUMENT>0000216851-05-000038.txt : 20050830
<SEC-HEADER>0000216851-05-000038.hdr.sgml : 20050830
<ACCEPTANCE-DATETIME>20050830140849
ACCESSION NUMBER:		0000216851-05-000038
CONFORMED SUBMISSION TYPE:	NSAR-A
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20050630
FILED AS OF DATE:		20050830
DATE AS OF CHANGE:		20050830
EFFECTIVENESS DATE:		20050830

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PETROLEUM & RESOURCES CORP
		CENTRAL INDEX KEY:			0000216851
		IRS NUMBER:				135506797
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NSAR-A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-02736
		FILM NUMBER:		051058281

	BUSINESS ADDRESS:	
		STREET 1:		SEVEN ST PAUL ST
		STREET 2:		STE 1140
		CITY:			BALTIMORE
		STATE:			MD
		ZIP:			21202
		BUSINESS PHONE:		4107525900

	MAIL ADDRESS:	
		STREET 1:		7 ST PAUL STREET
		STREET 2:		STE 1140
		CITY:			BALTIMORE
		STATE:			MD
		ZIP:			21202
</SEC-HEADER>
<DOCUMENT>
<TYPE>NSAR-A
<SEQUENCE>1
<FILENAME>peonsara063005.fil
<TEXT>
<PAGE>      PAGE  1
000 A000000 06/30/2005
000 C000000 0000216851
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 PETROLEUM & RESOURCES CORPORATION
001 B000000 811-2736
001 C000000 4107525900
002 A000000 SEVEN ST. PAUL STREET, SUITE 1140
002 B000000 BALTIMORE
002 C000000 MD
002 D010000 21202
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007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
012 A000001 AMERICAN STOCK TRANSFER & TRUST CO.
012 B000001 84-416
012 C010001 NEW YORK
012 C020001 NY
012 C030001 10038
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 BALTIMORE
013 B020001 MD
013 B030001 21201
015 A000001 BROWN BROTHERS HARRIMAN & CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02109
015 C040001 3661
015 E010001 X
018  000000 Y
019 A000000 N
019 B000000    0
<PAGE>      PAGE  2
020 A000001 HOWARD WEIL, LABOUISSE
020 B000001 72-0696314
020 C000001     30
020 A000002 BRIDGE TRADING CO.
020 B000002 43-1450530
020 C000002     30
020 A000003 PETRIE PARKMAN & CO.
020 B000003 84-1108632
020 C000003     22
020 A000004 MORGAN STANLEY & CO.
020 B000004 13-2655998
020 C000004     18
020 A000005 MERRILL LYNCH, PIERCE, FENNER & SMITH
020 B000005 13-5674085
020 C000005     17
020 A000006 LEHMAN BROTHERS
020 B000006 13-2518466
020 C000006     17
020 A000007 BNY ESI & CO., INC.
020 B000007 13-3989198
020 C000007     11
020 A000008 TRADITION ASIEL SECURITIES
020 B000008 13-3517908
020 C000008      7
020 A000009 CS FIRST BOSTON CORP.
020 B000009 13-5659485
020 C000009      6
020 A000010 FORTIS SECURITIES LLC
020 B000010 13-3203169
020 C000010      6
021  000000      170
022 A000001 CHEVRONTEXACO FUNDING
022 B000001 75-3071421
022 C000001     41694
022 D000001         0
022 A000002 TOYOTA MOTOR CREDIT CORP.
022 B000002 95-3775816
022 C000002     39751
022 D000002         0
022 A000003 GENERAL ELECTRIC CAPITAL CORP.
022 B000003 13-1500700
022 C000003     28353
022 D000003         0
022 A000004 AMERICAN GENERAL FINANCE
022 B000004 35-0416090
022 C000004     23121
022 D000004         0
022 A000005 GMAC NCAT
022 B000005 52-2081069
022 C000005     19206
022 D000005         0
<PAGE>      PAGE  3
022 A000006 MERRILL LYNCH, PIERCE, FENNER & SMITH
022 B000006 13-5674085
022 C000006     17715
022 D000006         0
022 A000007 COCA COLA ENTERPRISES
022 B000007 58-0503352
022 C000007     17453
022 D000007         0
022 A000008 AIG FUNDING INC.
022 B000008 13-2701087
022 C000008     17264
022 D000008         0
022 A000009 BANK OF NEW YORK
022 B000009 13-4941102
022 C000009     14905
022 D000009         0
022 A000010 BROWN BROTHERS HARRIMAN & CO.
022 B000010 13-4973745
022 C000010     14894
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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087 A020000 716549100
087 A030000 PEO
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE   MAUREEN JONES
TITLE       CFO

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77C VOTES
<SEQUENCE>2
<FILENAME>peovote77c.txt
<TEXT>
The Annual Meeting of Stockholders was held on April 27,
2005.

A proposal to approve the adoption of Petroleum & Resources
Corporation 2005 Equity Incentive Compensation Plan was
approved with 9,537,628 votes for, 1,691,906 votes against,
552,864 shares abstaining, and 8,130,655 shares unvoted.
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77Q1 OTHR EXHB
<SEQUENCE>3
<FILENAME>bylawpeo.txt
<TEXT>
On April 14, 2005, the Board of Directors voted
to amend the Corporation's By-laws to reduce the size
of the Board to eleven directors, effective
April 14, 2005, and to further reduce the size of
the Board to ten directors, effective
April 27, 2005. Accordingly, the fourth sentence
of Section 3.1 of the Corporation's By-laws was amended,
effective April 14, 2005, to state: The number of
directors is fixed at eleven, and, effective
April 27, 2005, to state: The number of directors is
fixed at ten.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
