PANTHEON RESOURCES PLC

Share Issue/Capital Change • May 18, 2023

National Storage Mechanism | Additional information

RNS Number : 9510Z

Pantheon Resources PLC

18 May 2023

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 November 2022 To:   18 May 2023
Balance of unallotted securities under scheme from previous return:	23,930,000 Ordinary Shares of £0.01 each in the Company ("Ordinary Shares")
The amount by which the block scheme has been increased since the date of the last return (if any increase has been applied for):	N/A
Number of securities issued/allotted under the scheme during the period:	nil
Balance under the scheme not yet issued at the end of the period subject to the block admission:	23,930,000 Ordinary Shares
Number and class of securities originally listed and the date of admission	32,830,000 Ordinary Shares on 18 May 2022
Total number of securities in issue at the end of the period	787,855,052 Ordinary Shares
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 Limited (Nominated Adviser and broker)
Henry Fitzgerald-O'Connor, James Asensio, Gordon Hamilton	+44 20 7523 8000
BlytheRay
Tim Blythe, Megan Ray, Matthew Bowld	+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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BLRAPMFTMTTBBLJ