Pantheon Resources (PANR.L) Update on Forthcoming Shareholder Presentation

Pantheon Resources plc (“Pantheon” or “the Company”), the AIM-quoted oil and gas exploration and production company with 100% working interests in several conventional projects on the North Slope of Alaska announces that following the announcement on 1st March 2021, the forthcoming shareholder presentation and Q&A will now take place on the afternoon of Tuesday20th April 2021.

The Company made the decision to postpone the webinar to ensure that testing and analysis of the Talitha #A well has been fully completed prior to the webinar to enable a more informative presentation. Weather conditions on the Alaska North Slope remain cold and the Company intends to make full use of the remaining drilling season. All shareholders and other interested parties are welcome to take part. Specific details on commencement time and how to access the Webinar will be made available in due course.

Notes to Editors

Pantheon Resources plc is an AIM listed Oil & Gas exploration and production focused on several large projects located on the North Slope of Alaska (“ANS”), onshore USA. A major differentiator to other ANS projects is its close proximity to transport and pipeline infrastructure. The Group’s stated objective is to create material value for its stakeholders through oil exploration, appraisal and development activities in high impact, highly prospective conventional assets, in the USA; a highly established region for energy production with infrastructure, skilled personnel and low sovereign risk. All operations are onshore USA, with drilling costs materially below that of offshore wells.

On the North Slope of Alaska, Pantheon holds working interests of 100% in projects spanning 160,000 acres covered by c.1,000 square miles of proprietary 3D seismic. The Company has received Independent Expert Reports certifying a Contingent Resource of 76.5MMBO (million barrels of oil) recoverable on its Greater Alkaid project and 302MMBO Prospective Resource at its Talitha project.

Information contained within this RNS is considered to be inside information prior to its announcement. For further information on Pantheon Resources plc, see the website at: . The information contained within this RNS is considered to be inside information prior to its release. Neither the contents of the Company’s website nor the contents of any website accessible from hyperlinks on the Company’s website (or any other website) incorporated into, or forms part of, this announcement.

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