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<SEC-DOCUMENT>0000216851-07-000006.txt : 20070118
<SEC-HEADER>0000216851-07-000006.hdr.sgml : 20070118
<ACCEPTANCE-DATETIME>20070118134845
ACCESSION NUMBER:		0000216851-07-000006
CONFORMED SUBMISSION TYPE:	25
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20070118
DATE AS OF CHANGE:		20070118
EFFECTIVENESS DATE:		20070118

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:		25
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07648
		FILM NUMBER:		07537310

	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>25
<SEQUENCE>1
<FILENAME>peo25_01182007.htm
<TEXT>
<HTML>
<HEAD>
<TITLE>PEO - Form 25 - January 18, 2007</TITLE>
</HEAD>
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
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<TD width="1%" style="border-left: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
<TD align="center" valign="top" style="border-top: 1px solid #000000">OMB APPROVAL</TD>
<TD width="1%" style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
</TR>

<TR valign="bottom">
<TD width="1%" style="border-left: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
<TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">OMB Number:&nbsp;3235-0080</DIV></TD>
<TD width="1%" style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
</TR>

<TR valign="bottom">
<TD width="1%" style="border-left: 1px solid #000000">&nbsp;</TD>
<TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">Expires:&nbsp;February&nbsp;28, 2009</DIV></TD>
<TD width="1%" style="border-right: 1px solid #000000">&nbsp;</TD>
</TR>

<TR valign="bottom">
<TD width="1%" style="border-left: 1px solid #000000">&nbsp;</TD>
<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Estimated average burden
hours per response ... 1.00</DIV></TD>
<TD width="1%" style="border-right: 1px solid #000000">&nbsp;</TD>
</TR>
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<TD nowrap align="left" colspan="3" style="border-top: 1px solid #000000">&nbsp;</TD>
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<DIV align="center" style="font-size: 12pt; margin-top: 1pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>FORM 25</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>NOTIFICATION OF REMOVAL FROM LISTING AND/OR<BR>REGISTRATION UNDER SECTION 12(b) OF THE<BR>SECURITIES EXCHANGE ACT OF 1934.</B>
</DIV>

<DIV align="right" style="font-size: 12pt; margin-top: 12pt">Commission File Number ________</DIV>



<DIV align="center" style="font-size: 14pt; margin-top: 18pt"><B>Petroleum & Resources Corporation, NYSE Arca, Inc.</B>
</DIV>

<DIV align="center" style="font-size: 10pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)</DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>7 St. Paul St., Suite 1140, Baltimore, MD  21202 - (410) 752-5900</B>
</DIV>

<DIV align="center" style="font-size: 10pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
(Address, including zip code, and telephone number, including area code, of Issuer&#146;s principal executive offices)</DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Common Stock, $0.001 par value</B>
</DIV>

<DIV align="center" style="font-size: 10pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
(Description of class of securities)</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Please place an X in the box to designate the rule provision relied upon to strike the class of securities from
listing and registration:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT> 17 CFR240.12d2-2(a)(1)

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT> 17 CFR240.12d2-2(a)(2)

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT> 17 CFR240.12d2-2(a)(3)

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT> 17 CFR240.12d2-2(a)(4)

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT> Pursuant to 17 CFR240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or
withdraw registration on the Exchange.<SUP style="font-size: 85%; vertical-align: text-top">1</sup>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#120;</FONT> Pursuant to 17 CFR240.12d2-2(c), the Issuer has complied with the rules of the Exchange and the requirements of 17 CFR240.12d2-2(c) governing
the voluntary withdrawal of the class of securities from listing and registration on the Exchange.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to the requirements of the Securities Exchange Act of 1934, Petroleum & Resources Corporation (Name of Issuer or Exchange) certifies
that it has reasonable grounds to believe that it meets all of the requirements for filing the Form&nbsp;25 and has caused this notification to be signed
on its behalf by the undersigned duly authorized person.
</DIV>

<DIV align="center">
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<TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">January&nbsp;18,
2007
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Lawrence L. Hooper, Jr.
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top" nowrap>Vice President, General Counsel and Secretary</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Date
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Name
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Title</TD>
</TR>
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</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
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    <TD width="3%"></TD>
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    <TD width="96"></TD>
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<TR valign="top">
    <TD nowrap align="left"><SUP style="font-size: 85%; vertical-align: text-top">1</sup></TD>
    <TD>&nbsp;</TD>
    <TD>Form&nbsp;25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.</TD>
</TR>

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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">SEC1654(03-06)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Persons who respond to the collection of information contained
in this form are not required to respond unless the form displays
a currently valid OMB control number.</B></TD>
</TR>
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</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio --><!-- /Folio -->
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