Monday, November 27, 2017
Panhandle Oil and Gas Names New Board Member
Duke Ligon is a longtime Oklahoma City business executive with a diverse background in oil, law, and finance. In August 2017, Duke Ligon was appointed to the board of directors of Panhandle Oil and Gas, Inc.
In accepting board membership, Mr. Ligon took on a newly created position that will involve standing for election at the next annual shareholders meeting. Panhandle’s chairman of the board described a sense of enthusiasm at having the Oklahoma City business leader join the board, because in addition to being a longtime company shareholder, he offers a unique combination of Wall Street acumen and oil and gas business experience.
Panhandle Oil and Gas is a company recognized for its results in the production and exploration of oil and natural gas. Established in Range, Texas County, Oklahoma, in 1926, Panhandle possesses 255,000 fee mineral acres and has royalty and working interests in approximately 6,200 wells. With more than 5,500 shareholders, it pays quarterly dividends on stocks.