<SEC-DOCUMENT>0000216851-14-000009.txt : 20140203
<SEC-HEADER>0000216851-14-000009.hdr.sgml : 20140203
<ACCEPTANCE-DATETIME>20140203141524
ACCESSION NUMBER:		0000216851-14-000009
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20131231
FILED AS OF DATE:		20140203
DATE AS OF CHANGE:		20140203

ISSUER:		

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

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

	MAIL ADDRESS:	
		STREET 1:		7 ST PAUL STREET
		STREET 2:		SUITE 1140
		CITY:			BALTIMORE
		STATE:			MD
		ZIP:			21202

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ARZAC ENRIQUE R
		CENTRAL INDEX KEY:			0001009234

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-02736
		FILM NUMBER:		14567718

	MAIL ADDRESS:	
		STREET 1:		ABERDEEN ASSET MANAGEMENT INC.
		STREET 2:		1735 MARKET STREET - 32ND FLOOR
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>5</documentType>

    <periodOfReport>2013-12-31</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <form3HoldingsReported>0</form3HoldingsReported>

    <form4TransactionsReported>0</form4TransactionsReported>

    <issuer>
        <issuerCik>0000216851</issuerCik>
        <issuerName>PETROLEUM &amp; RESOURCES CORP</issuerName>
        <issuerTradingSymbol>PEO</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001009234</rptOwnerCik>
            <rptOwnerName>ARZAC ENRIQUE R</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>PETROLEUM &amp; RESOURCES CORP.</rptOwnerStreet1>
            <rptOwnerStreet2>7 ST. PAUL STREET, SUITE 1140</rptOwnerStreet2>
            <rptOwnerCity>BALTIMORE</rptOwnerCity>
            <rptOwnerState>MD</rptOwnerState>
            <rptOwnerZipCode>21202</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2013-12-31</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>5</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>497.77</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>13467.923</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Of these shares, 473.77 shares were acquired in exempt transactions as a result of dividend reinvestment.  An additional 24 shares accrued as dividend equivalents on 400 restricted stock units which vested on March 20, 2013.  The Issuer's stock traded in a range of $24.11 - $29.00 during 2013.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Gail L. Valenti as Attorney-in-Fact for Enrique R. Arzac</signatureName>
        <signatureDate>2014-02-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>arzacpeopoa.txt
<DESCRIPTION>ARZAC ADX POWER OF ATTORNEY
<TEXT>

POWER OF ATTORNEY

       I, Enrique R. Arzac, appoint Lawrence L. Hooper, Jr., Gail Valenti,
and John Chester Bridgeman, signing singly, attorney-in-fact to:
(1)	Execute on my behalf and in my capacity as a director and/or an
officer of Petroleum & Resources Corporation, a Maryland
corporation (the "Corporation"), Forms 3, 4 and 5 (the "Form"
or "Forms") in accordance with Section 16(a) of the Securities
Exchange Act of 1934 (the "Act") and the rules thereunder; and
(2)	Perform any and all acts on my behalf which may be necessary or
desirable to complete and execute any Form and timely file such
Form with the United States Securities and Exchange Commission
and any stock exchange or similar authority; and
(3)	Take any other action in connection with the foregoing which,
in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by me, it being
understood that the documents executed by such attorney-in-fact
on my behalf pursuant to this Power of Attorney shall be in
such form and shall contain such terms and conditions as such
attorney-in-fact may approve in his discretion.
       I grant to each such attorney-in-fact full power and authority to do
and perform any act necessary or proper to be done in the exercise of any
of the rights and powers herein granted, as fully to all intents and
purposes as I might or could do if personally present.  I ratify and
confirm all that such attorney-in-fact shall lawfully do by the rights and
powers granted by this Power of Attorney.  Each attorney-in-fact shall
have full power of substitution or revocation.
       I acknowledge that the attorneys-in-fact, in serving in such
capacity at my request, are not assuming, nor is the Corporation assuming,
any of my responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934.
       This Power of Attorney shall remain in full force and effect until I
am no longer required to file the Forms with respect to my holdings of and
transactions in securities issued by the Corporation, unless I earlier
revoke it in a signed writing delivered to the Office of the Secretary of
the Corporation for distribution to the foregoing attorneys-in-fact.
       IN WITNESS WHEREOF, the undersigned has caused this Power of
Attorney to be executed as of this 11th day of October, 2012.

___________________________       /s/ Enrique R. Arzac
	           Witness		  Enrique R. Arzac

___________________________
                      Witness



State of Maryland
City of Baltimore

On this ______ day of __________, 2012, before me, the undersigned
director/officer, personally appeared Enrique R. Arazac, known to me (or
satisfactorily proven) to be the person whose name is subscribed to within
the instrument and acknowledged that he/she executed the same for the
purposes therein contained.

In witness hereof I hereunto set my hand and official seal.

_________________________         ___________
Nolan G. Robinson                    Date
Notary Public
My Commission expires ____________________



2
NY3 - 295530.01
NY3 - 295530.01
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
