Pantheon Resources plc (LON:PANR), the oil and gas company developing the Kodiak and Ahpun oil fields immediately adjacent to pipeline and transportation infrastructure on Alaska’s North Slope, has announced that, in line with the succession plans announced in February 2025, Jay Cheatham, Non-Executive Director and the Company’s former Chief Executive Officer, formally retired at a meeting of the board of directors on Friday, 12th December, 2025.
Jay joined the Board in 2008 and served as Chief Executive Officer until early in 2025, and since stepping down as CEO he continued to serve as a Non-Executive Director.
The Board wishes to place on record its sincere thanks to Jay for his long and distinguished service to the Company and its shareholders. His leadership, commitment, and experience have played a central role in shaping the Group over more than 17 years. The Board extends its very best wishes to him for the future.
David Hobbs, Pantheon Resources Chairman, commented:
“On behalf of the Board, I would like to reiterate our deep appreciation for Jay’s exceptional contribution to the Company over 17 years. His dedication and wisdom have been instrumental in the Group’s development.”


































