Did you ever get out to Taboga Island? I went out there frequently for the beach and snorkeling. A couple of times I stayed the night at the small Army barracks that was at the end of the island. That was a cool set up, at night they would string up a bed sheet between two poles they had on the front lawn then set up a movie projector and watch movies......People would walk out from the village and we would all sit on the front grass and watch.
I went to Taboga many times. As I recall there was a small adjacent second Island to the Southwest. There was a reef between the two and we used to anchor up and bottom fish for snapper there. Over closer to the small Island it was 20-30 feet deep and I used to spearfish there freediving. On one scuba trip on the far side of the big Island a buddy and I caught a bunch of lobsters. We used to pull in from squalls when fishing and anchor up off the beach and replenish our beer supply from the bar there. The last thing I had to do for my dive master certification was to throw all your gear overboard (from anchor) in thirty feet of water and then dive down there with just your suit on and gear up. Tip: the trick is grab the weight belt first. I did that just off the beach on Taboga. Dang, I loved Panama.