TIDMPANR

RNS Number : 9514G

Pantheon Resources PLC

18 November 2022

18 November 2022

Pantheon Resources plc

Block Listing Six Monthly Return

Pantheon Resources plc ("Pantheon" or "the Company"), gives below the information required by Schedule 6 of the AIM Rules for Companies in connection to the Pantheon Resources plc 2009 Discretionary Share Option Plan which was updated in July 2020 (the "Scheme").

 
 Name of company:                             Pantheon Resources Plc 
 Name of scheme:                              Pantheon Resources Plc 2009 
                                               Discretionary Share Option Plan 
                                             --------------------------------- 
 Period of return:                            From: 18 May 2022 
                                               To: 18 November 2022 
                                             --------------------------------- 
 Balance of unallotted securities under       32,830,000 Ordinary Shares of 
  scheme from previous return:                 GBP0.01 each in the Company 
                                               ("Ordinary Shares") 
                                             --------------------------------- 
 The amount by which the block scheme         N/A 
  has been increased since the date of 
  the last return (if any increase has 
  been applied for): 
                                             --------------------------------- 
 Number of securities issued/allotted 
  under the scheme during the period:         8,900,000 
                                             --------------------------------- 
 Balance under the scheme not yet issued      23,930,000 Ordinary Shares 
  at the end of the period subject to 
  the block admission: 
                                             --------------------------------- 
 Number and class of securities originally    32,830,000 Ordinary Shares on 
  listed and the date of admission             18 May 2022 
                                             --------------------------------- 
 Total number of securities in issue          775,031,350 Ordinary Shares 
  at the end of the period 
                                             --------------------------------- 
 
 Name of contact:                             Justin Hondris 
                                             --------------------------------- 
 Telephone number of contact:                 +44 20 7484 5361 
                                             ---------------------------------

Further information:

 
 Pantheon Resources plc                             +44 20 7484 5361 
 Jay Cheatham, CEO 
 Justin Hondris, Director, Finance and Corporate 
  Development 
 Canaccord Genuity plc (Nominated Adviser 
  and broker) 
 Henry Fitzgerald-O'Connor, James Asensio, 
  Gordon Hamilton                                   +44 20 7523 8000 
 
   BlytheRay 
 Tim Blythe, Megan Ray, Madeleine Gordon-Foxwell    +44 20 7138 3204

Notes to Editors

Pantheon Resources plc is an AIM listed Oil & Gas company focused on several large projects located on the North Slope of Alaska ("ANS"), onshore USA where it has a 100% working interest in 153,000 highly prospective acres with potential for multi billion barrels of oil recoverable. A major differentiator to other ANS projects is its close proximity to transport and pipeline infrastructure which offers a significant competitive advantage to Pantheon, allowing for materially lower capital costs and much quicker development times. 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.

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November 18, 2022 08:22 ET (13:22 GMT)

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