Pantheon Resources - US Gas Play

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poo bear - Thu, 21 Dec 06 :

This is poorly writen.

AFX need to read RNS's better.

"UK smallcap opening - Pantheon Resources drop; well testing update disappoints


LONDON (AFX) - Shares in Pantheon Resources shed nearly 20 pct in value in
early deals, down 34 pence to 137-1/2 after the group's testing update for its
Padre Island, Texas prospect disappointed.
Pantheon revealed that its Kindee ST 212 #1 well on the Plum Deep structure
in Texas, which was spudded on Aug 1 2006 is unlikely to contain commercially
recoverable hydrocarbons.


Probably wont help, hopefully they will update it so it is not misleading.



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