Zion Oil & Gas Inc (ZNOG)

[JRyan]

Ghawar Field In Perspective...

When we are talking about oil fields and the possible size...I would like to add some perspective. I keep thinking 1 Billion barrels for a multitude of reasons but the main one is Israel's immediate needs.

Some speculate that it is the largest ever. I do not feel that is reasonable but I will state that all things are possible with God but I do not think this will happen.


Here is why, look at Israel in relation to size of SA.






Here is Ghawar....in relation...at at 100 billion barrels the largest ever so far.




Notice how close this would be to other countries..





This could very well be the reason, the geopolitical reason for Zion to be quiet. I am not saying that is why, just stating it is a possibility.


A 50 million barrel reserve would be fine and accomplish many things for Zion. Cash flow being the largest.

When we talk of the largest ever, then it would be an issue of what countries take part in the bonanza as you can see the size does not work.


One last thing, here is the layout of Ghawar..



Guess where we are??