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ADAMS NATURAL RESOURCES FUND, INC. Director's Dealing 2009

Jan 27, 2009

32691_dirs_2009-01-27_8a973f2b-4501-4fe3-b4f1-4cd01f957ba2.zip

Director's Dealing

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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: PETROLEUM & RESOURCES CORP (PEO)
CIK: 0000216851
Period of Report: 2008-12-31

Reporting Person: Escherich Frederic A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-27	Common Stock	J	47	$36.59	Acquired	3735	Direct
2008-12-31	Common Stock	J	215	—	Acquired	3950	Direct

Footnotes

F1: These shares were acquired as dividend equivalents which were issued in conjunction with 400 restricted stock units which vested on 3/27/2008.

F2: These shares were acquired in exempt transactions as a result of dividend reinvestment. The Issuer's stock traded in a range of $17.37-$44.41 during 2008.

F3: Of these shares, 1800 are held by the undersigned's spouse and 100 are held by one of the undersigned's children.