Pantheon Resources - US Gas Play

WW - I think the "in line with expectations" bit is specific to the shallow zones, in that they were suspected to be tight and potentially water-bearing. I don't think its a summary of the overall results from the PD drilling. I think the prospects for the deeper zones are independent of the early shallow results and the odds of success probably at least as good as before drilling started (although I have no experience in well drilling or operations). Handily enough the sp now represents very little in terms of built-in expectation of success, especially given the initial production already achieved and low risk development of Wharton, and is much closer to the absolute base represented by the cash in hand.