Pantheon Resources PLC
08 June 2007
June 8, 2007
PANTHEON RESOURCES PLC
Production Update-April 2007
The Board of Pantheon Resources ('Pantheon') announces that the company's
combined production on a working interest basis averaged 61.3 thousand cubic
feet a day ('mcfd') in May 2007.
Pantheon's historic monthly production is provided in Table 1.
Table 1: Monthly Net Production on Working Interest Basis (mcfd)
Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
2006 2.1 33.5 28.3 35.1
2007 42.1 113.1 107.5 79.6 61.3
Pantheon now has three producing fields in the Project Wharton area. This
should be augmented shortly by a fourth with the Baptist discovery. The Company
has at least a further 13 prospects on its Project Wharton venture remaining to
be drilled. The historic high exploration success rate gives confidence for
further growth.
The Board of Pantheon also notifies the market that its website,
www.pantheonresources.com, complies with Rule 26 of the AIM Rules for Companies.
In accordance with the AIM Rules, the information in this report has been
reviewed and signed off by Mr Robert Rosenthal, (BSc Geology, MSc Geology),
Technical Director at Pantheon Resources Plc, who has over 30 years relevant
experience within the sector.
Contacts:
Pantheon Resources Plc
Sue Graham, Chairman +44 20 7379 0118
Oriel Securities Limited
Scott Richardson Brown +44 20 7710 7600
This information is provided by RNS
The company news service from the London Stock Exchange