REG - Pantheon Resources - Operational Update and Change of Accounting Date

Pantheon ResourcesAnnouncement

23/04/2026 11:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260423:nRSW6915Ba&default-theme=true

RNS Number : 6915B  Pantheon Resources PLC  23 April 2026

 

 

 

 

23 April 2026

 

 

Pantheon Resources plc

Operational Update and Change of Accounting Reference Date

 

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:

 

·      Publication of its unaudited interim financial results for the
6-month period ending 30 June 2026 by 30 September 2026

·      Publication of its audited results for the 18-month period to 31
December 2026 by 30 June 2027

·      Publication of its unaudited interim financial results for the
6-month period ending 30 June 2027 by 30 September 2027

·      Publication of its audited results for the 12-month period to 31
December 2027 by 30 June 2028

 

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:

 

 Pantheon Resources plc
 Max Easley, CEO

 Justin Hondris, SVP, Investor Relations

 Canaccord Genuity Limited (Nominated Adviser, and Joint Broker)
 Henry Fitzgerald-O'Connor                                         +44 20 7523 8000

 Charlie Hammond

 BlytheRay (Corporate Communications)                              +44 20 7138 3204
 Tim Blythe

 Megan Ray

 Matthew Bowld

 

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
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCBGGDSIGDDGLX



            Copyright 2019 Regulatory News Service, all rights reserved