TIDMPANR

RNS Number : 4069Q

Pantheon Resources PLC

05 June 2018

5 June, 2018

Pantheon Resources plc

Corporate update

Pantheon Resources plc ("Pantheon" or "the Company"), the AIM-quoted oil and gas exploration company with a 50% - 75% working interest in several conventional project areas in Tyler and Polk Counties, onshore East Texas notes with great sadness the sudden passing of Bobby Gray, principal of Vision Resources, Pantheon's working interest partner and Operator of its East Texas projects.

Jay Cheatham, CEO, said:

"I am devastated by the passing of Bobby who was a very good friend as well as the CEO of our partner and Operator Vision. He was a man of great resource and integrity and will be sorely missed by everyone who knew him.

"As we work through this difficult time, discussions with members of the Vision team are underway to ensure continuity of operations and we will keep the market appraised as appropriate."

-Ends -

Further information:

 
                                                    +44 20 7484 
 Pantheon Resources plc                              5361 
 Jay Cheatham, CEO 
 Justin Hondris, Director, Finance and Corporate 
  Development 
 
 Stifel Nicolaus Europe Limited (Nominated          +44 20 7710 
  Adviser and broker)                                7600 
 Callum Stewart 
 Ashton Clanfield 
 Nicholas Rhodes 
 
                                                    +44 20 3727 
 FTI Consulting                                      1000 
 Ed Westropp 
 James Styles

For further information on Pantheon Resources plc, see the website at: www.pantheonresources.com

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) is incorporated into, or forms part of, this announcement.

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END

MSCLLFLRREIEIIT

(END) Dow Jones Newswires

June 05, 2018 12:18 ET (16:18 GMT)

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