Zion Oil & Gas Inc (ZNOG)

[tisdal]

Positive trend

We have had two news events now where the stock price didn't get hammered. It went up.

With respect to Afek/Genie, if they truly have not found oil in the Golan, then where is all the billions of gallons of oil that the US Geological survey says is in Israel? If it is in the Levant Basin based on the World Class Gas finds off shore, then where within the Levant is the oil that has been producing so much gas?

Is it in the Meggiddo Jezreel Valley License Area?

As stated by Genie:

"In Israel, our nascent drilling subsidiary, Atid, continues to enjoy strong interest from prospective clients for contracted drilling services following the successful completion of a water well last year. Since Atid already owns its drilling rig, Genie's investment in that business is expected to be modest until we reach profitability," Mr. Stein added

Could Zion be one of the prospective clients?