Production Update- April 2007

Pantheon Resources PLC
10 May 2007

                                                                    May 10, 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 79.6 thousand cubic
feet a day ('mcfd') in April 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

Pantheon now has three producing fields in the Project Wharton area. This
should be augmented shortly by a fourth with the Baptist discovery. Despite its
current small size, production at Project Wharton is providing a solid earnings
base. 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.

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                                     [phone]

Oriel Securities Limited
Scott Richardson Brown                                   [phone]




                      This information is provided by RNS
            The company news service from the London Stock Exchange