8th Jun 2007 15:13
Pantheon Resources PLC08 June 2007 June 8, 2007 PANTHEON RESOURCES PLC Production Update-April 2007 The Board of Pantheon Resources ("Pantheon") announces that the company'scombined production on a working interest basis averaged 61.3 thousand cubicfeet 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 Dec2006 2.1 33.5 28.3 35.12007 42.1 113.1 107.5 79.6 61.3 Pantheon now has three producing fields in the Project Wharton area. Thisshould be augmented shortly by a fourth with the Baptist discovery. The Companyhas at least a further 13 prospects on its Project Wharton venture remaining tobe drilled. The historic high exploration success rate gives confidence forfurther 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 beenreviewed and signed off by Mr Robert Rosenthal, (BSc Geology, MSc Geology),Technical Director at Pantheon Resources Plc, who has over 30 years relevantexperience within the sector. Contacts: Pantheon Resources PlcSue Graham, Chairman +44 20 7379 0118 Oriel Securities LimitedScott Richardson Brown +44 20 7710 7600 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Pantheon Resources plc