It's technically possible to put a 1770-KF2 or equivalent DH+ to DF1 converter between a DH+ equipped PanelView Standard terminal and a MicroLogix 1200 controller, but it's not economically feasible.
The 1761-NET-AIC is an electrical RS-232 to RS-485 converter. It cannot connect to a DH+ network, which uses a proprietary differential signaling method.
You probably noticed an RS-232 port on the PanelView terminal. That's for serial printing or upload/download only; it cannot be used for runtime communications.