PAGE 1
000 B000000 12/31/2011
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
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
019 B000000 0
020 A000001 BARCLAYS CAPITAL INC.
020 B000001 06-1031656
020 C000001 104
020 A000002 SIMMONS & COMPANY INTERNATIONAL
020 B000002 76-0266412
020 C000002 68
020 A000003 HOWARD WEIL, LABOUISSE
020 B000003 72-0696314
020 C000003 27
020 A000004 TUDOR, PICKERING, HOLT & CO., LLC
020 B000004 20-0337158
020 C000004 24
020 A000005 DEUTSCHE BANK SECURITIES
020 B000005 13-2730828
020 C000005 23
020 A000006 CREDIT SUISSE
020 B000006 13-5659485
020 C000006 19
PAGE 2
020 A000007 DAHLMAN ROSE & CO.
020 B000007 13-3957463
020 C000007 17
020 A000008 JOHNSON RICE & CO.
020 B000008 72-1091384
020 C000008 16
020 A000009 STIFEL NICOLAUS & CO., INC.
020 B000009 43-0538770
020 C000009 4
020 C000010 0
021 000000 302
022 A000001 M&T BANK
022 B000001 16-0968385
022 C000001 43125
022 D000001 49857
022 A000002 SOCIETE GENERALE NORTH AMERICA
022 B000002 52-1128875
022 C000002 54997
022 D000002 0
022 A000003 BROWN BROTHERS HARRIMAN
022 B000003 13-4973745
022 C000003 0
022 D000003 30282
022 A000004 QUASAR DISTRIBUTORS, LLC
022 B000004 39-1982827
022 C000004 10772
022 D000004 14569
022 A000005 GENERAL ELECTRIC COMPANY
022 B000005 14-0689340
022 C000005 17199
022 D000005 0
022 A000006 TOYOTA CREDIT DE PUERTO RICO
022 B000006 66-0621435
022 C000006 9999
022 D000006 0
022 A000007 HSBC FINANCE
022 B000007 86-1052062
022 C000007 8949
022 D000007 0
022 A000008 BARCLAYS CAPITAL INC.
022 B000008 06-1031656
022 C000008 30
022 D000008 0
022 A000009 LEGG MASON INVESTOR SERVICES, LLC
022 B000009 13-4146187
022 C000009 0
022 D000009 20
022 A000010 FIDELITY DISTRIBUTORS CORP.
022 B000010 04-2270522
022 C000010 0
022 D000010 13
PAGE 3
023 C000000 145071
023 D000000 94741
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
028 A010000 0
028 A020000 0
028 A030000 0
028 A040000 0
028 B010000 0
028 B020000 0
028 B030000 0
028 B040000 0
028 C010000 0
028 C020000 0
028 C030000 0
028 C040000 0
028 D010000 0
028 D020000 0
028 D030000 0
028 D040000 0
028 E010000 0
028 E020000 0
028 E030000 0
028 E040000 0
028 F010000 0
028 F020000 0
028 F030000 0
028 F040000 0
028 G010000 0
028 G020000 0
028 G030000 0
028 G040000 0
028 H000000 0
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
035 000000 0
036 B000000 0
038 000000 0
042 A000000 0
042 B000000 0
PAGE 4
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
048 000000 0.000
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
057 000000 Y
061 000000 0
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
PAGE 5
063 A000000 0
063 B000000 0.0
066 A000000 Y
066 E000000 Y
071 A000000 139238
071 B000000 127660
071 C000000 778376
071 D000000 16
072 A000000 12
072 B000000 96
072 C000000 14427
072 D000000 0
072 E000000 81
072 F000000 0
072 G000000 0
072 H000000 2533
072 I000000 69
072 J000000 49
072 K000000 37
072 L000000 98
072 M000000 501
072 N000000 28
072 O000000 107
072 P000000 0
072 Q000000 28
072 R000000 72
072 S000000 24
072 T000000 0
072 U000000 0
072 V000000 72
072 W000000 777
072 X000000 4395
072 Y000000 0
072 Z000000 10209
072AA000000 39333
072BB000000 0
072CC010000 0
072CC020000 49851
072DD010000 9671
072DD020000 0
072EE000000 39181
073 A010000 0.3900
073 A020000 0.0000
073 B000000 1.5800
073 C000000 0.0000
074 A000000 199
074 B000000 0
074 C000000 16083
074 D000000 0
074 E000000 0
074 F000000 732656
PAGE 6
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 73
074 K000000 0
074 L000000 820
074 M000000 660
074 N000000 750491
074 O000000 934
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 619
074 R040000 16127
074 S000000 0
074 T000000 732811
074 U010000 25641
074 U020000 0
074 V010000 28.58
074 V020000 0.00
074 W000000 0.0000
074 X000000 25835
074 Y000000 39814
075 A000000 0
075 B000000 791712
076 000000 24.48
077 A000000 Y
077 B000000 Y
077 Q020000 Y
080 A000000 GREAT AMERICAN INSURANCE COMPANY
080 C000000 3600
081 A000000 Y
081 B000000 5
082 A000000 Y
082 B000000 5
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
PAGE 7
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE BRIAN S. HOOK
TITLE TREASURER