Pantheon Resources - US Gas Play

Just been checking through latest RNS and how they have been interpreted.I have to say if I was looking to invest and came across these it would scare me..Yet again the wording or the individual responsible for the interpretation for Plum Deep is incorrect.
Dow Jones Commodities Service
English
Comtex News Network. All Rights Reserved.

LONDON, Dec 27, 2006 (DJCS via Comtex) --
PANTHEON RESOURCES PLC (PANR.LN) fell 4 pence or 3.2% to 122.5 pence after reporting a pretax loss of GBP0.3 million for the 16 months ended June 30 and saying its Plum Deep zone is unlikely to be productive as a reservoir.



...... END ........

Then there is the following from the FT on 22/12/2006.......
Pantheon Resources lost 25.7 per cent to 127 1/2p after the exploration company admitted that its test well at the Padre Island site in Texas was unlikely to contain sufficient levels of hydrocarbons.

*. ...WRONG