Pantheon Resources - US Gas Play

'The one thing that does make me more confident though is that they were testing shallow down rather than bottom up.... surely that means they felt it more likely that shallow wasnt going to produce and that the 800ft zone is the main event.'

Really? So perhaps PANR should drill in my back yard first since I think it's less likely to be commercial?!

On another (more important) matter, you seem to be implying that the negative result on this zone might be indicative of what might lie ahead in the next zone? Is this correct?