Pantheon Resources - US Gas Play

confucius1...

no pwald9 was suggesting that some shallower prospects have done better than some deep in this area....but that it did not guarantee bad news on the deep here...

I was suggesting that if golden gate thought the shallow was more likely to be commercial than the deep, then in my opinion they would have been more likely to have tested from bottom up....

that they tested shallow down gives me a cause for optimism for the rsult from the deep but only my view no advice intended,

however the planned coring and logging the deeper target and then drilling down to TD makes it look more like they want to get data for next drill than that they necessarily expect it to produce..I hope I am being overly cautious on this point though....lets hope its a very good producing zone eh?

"Drilling to the next planned core point is now underway. This will initiate the collection of a second and final core. This second core will be taken in the deepest zone which spans over 800 gross feet. Once this is collected, drilling will proceed to a TD of 15,450 feet measured depth. At this stage a comprehensive logging and sampling programme will be undertaken."

so while I have not sold any this morning, I have not added any either...

RoL
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