Pantheon Resources PLC Announces Operational Update and Change of Accounting Date

About this update from Pantheon Resources Plc

Operational Update and Change of Accounting Reference Date LONDON, UK / ACCESS Newswire / April 23, 2026 / Pantheon Resources plc ("Pantheon" or the "Company"), the oil and gas company developing the Kodiak and Ahpun projects on Alaska's North Slope, is pleased to provide the following updates: Operational Update Since the AGM and Board changes in March, the Chairman and CEO of Pantheon have been almost exclusively focused on farm-out discussions for the Company. There is currently a number of different organisations of varying sizes in the data room with the majority remaining actively engaged and a number of additional companies continue to express interest in engaging. These discussions are complex and a rapid outcome should not be expected but progress is being made. The Board is encouraged by the level of ongoing engagement, and the Company currently anticipates providing an update to the market before the end of the summer. Change of Accounting Reference Date and Reporting Calendar The Company announces that it has resolved to change the accounting reference date from 30 June to 31 December, with immediate effect. As a result of the change, the Company will adhere to the following reporting timetable: The Company believes this change will achieve a number of benefits including better alignment with internal planning and budgeting systems which operate on a calendar year basis, and to better align it with U.S. and U.K. tax regulatory timetables, improving efficiencies in tax compliance and in administration thereof. Further information: 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 [email protected] or visit www.rns.com. SOURCE: Pantheon Resources PLC View the original press release on ACCESS Newswire

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