Production Update - Sept 2007

Pantheon Resources PLC
04 October 2007



Press release                                                  4 October 2007


Pantheon Resources plc Production Update September 2007

Pantheon Resources plc, ('Pantheon' or the 'Company'), the AIM-listed oil and
gas exploration company active in the Gulf of Mexico, is pleased to announce
that the Company's combined production, on a working interest basis, averaged
875 thousand cubic feet a day ('mcfd') in September 2007. This compares with 97
mcfd in August 2007. Average production to Pantheon for the July to September
period was 359 mcfd on a working interest basis.


Pantheon's historic monthly production is provided in Table 1.


Table 1: Pantheon Monthly Natural Gas Production on Working Interest Basis

         Jan   Feb   Mar   Apr   May   Jun   Jul   Aug   Sept   Oct   Nov    Dec
2006                                                     2      34    28     35
2007     42    95    108   80    61    81    106   97    875


Pantheon benefited from the start-up of two new discoveries; Dunn Deep #2 and
Wilson.  These augmented output from Pantheon's four fields in its Project
Wharton venture; Baptist, Caddo, Mohawk and Zebu.


Production commenced from the Wilson discovery on September 10, 2007. Initial
output was 2.5 million standard cubic feet of gas per day gross equating to
approximately 450 barrels of oil equivalent per day ('mmcfd').  Performance
continues to be monitored closely with the aim to reach 3 million mcfd.
Pantheon's working interest in Wilson is 31.77%.


Dunn Deep #2 came on-stream on September 17, 2007. Initial gross production from
the field was 3 million standard cubic feet of gas per day and 60 barrels a day
of condensate, equating to approximately 560 barrels of oil equivalent per day.


This occurred less than two weeks from confirmation of a natural gas find.
Pantheon has a 7.5% working interest in Dunn Deep.




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.

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



- end -






Further information:

Pantheon Resources PLC
Sue Graham, Chairman                                    [phone]


Oriel Securities Limited
Scott Richardson Brown                                  [phone]


Media enquiries:

Capital MS&L
Steffan Williams / Peter Curtain / Jennifer Martin      [phone]
[e-mail]





Notes to editors:



Pantheon Resources plc

Pantheon Resources plc was formed in 2005 to be an independent gas exploration
company focused on hydrocarbon producing basins onshore or near shore the Gulf
of Mexico.  On 5 April 2006, Pantheon was admitted to the AIM, having
successfully raised £10m from a mix of quality institutional and private
investors.




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