Pantheon Resources : Operational Update - 6 December 2017

6 December, 2017

Pantheon Resources plc

Operational Update

Pantheon Resources plc ("Pantheon" or "the Company"), the AIM-quoted oil and gas exploration company with a working interest in several conventional project areas in Tyler and Polk Counties, onshore East Texas, is pleased to provide an update on VOBM#4 logging operations:

VOBM#4 well, Tyler County, 75% working interest

The Company is pleased to announce that Schlumberger has been contracted to log the VOBM#4 sidetrack well in Tyler County, targeting the Wilcox formation, and is scheduled to be on location to perform logging operations this coming weekend.

The Company will provide an update once logging and analysis has been completed.

-Ends -

Further information:

Pantheon Resources plc Jay Cheatham, CEO

+44 20 7484 5361

Justin Hondris, Director, Finance and Corporate Development

Stifel Nicolaus Europe Limited (Nominated Adviser and broker) Callum Stewart

+44 20 7710 7600

Ashton Clanfield Nicholas RhodesFTI Consulting Ed Westropp James Styles

+44 20 3727 1000

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

In accordance with the AIM Rules - Note for Mining and Oil & Gas Companies - June 2009, the information contained in this announcement has been reviewed and signed off by Jay Cheatham, a qualified Chemical & Petroleum Engineer, who has over 40 years' relevant experience within the sector.

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.