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Yes he was. I think the next meeting will be in Israel probably, and for those who hold, I think we will all be able to afford to go.
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I was wearing a dolphin origami dollar on my lapel, but by the end of the reception - it just looked like a wadded up dollar lol.
Dustin mentioned that when you drill in other places, you have data to go off of. But there, you're the first to choose what kind of bit?, how much horse power?, how much torque?, what speed?.? Pray for his good judgement and decisions with this endeavor.
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lol I know. There were just too many people. I'm so glad to have your presence there also, and your input. It was a great meeting. I'm solid confident now more than ever.
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Thank you brothersinc!!
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John Brown is sincere in my opinion. And passionate, because he went through such a major transformation. And Dustin Guinn stated their goals were to find oil, and more importantly, spread the Gospel. I like that!
Today I double checked my hand written notes from the meeting and I have 7500 psi, 162 Celsius. I'm sorry for not being 100% sure, but this is important, and I don't want to get anything wrong. That's what I heard in the meeting. So I'm sure we can get confirmation, and would suggest doing so.
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And likewise meeting you and yours as well. I meant what I said before you left. Glad we were all able to hook up. May God bless!!!!
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Hard to tell - everyone was just there and mingling. Most of the questions seemed to come from regular investors. To ask a question, you would go to the mic, state your name and status such as shareholder, and ask. Seemed to me to be just investors like us. Zion did state that they would report the results for the Rights later.
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7500 I'm pretty sure. It's been a long day spike. 130,196 man hours. 379 days on job. I'll say more about Dustin Guinn tomorrow. Very impressed. At one point, they were able to bring in 500 meters of pipe from Italy in 2 days. He says Zion has the favor of God at the well.
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After the meeting , there was a reception for 2 and a half hours with food and drink, and we all got to meet with the Zion team - everyone from who answers the phone at the Dallas office to John Brown. There were pictures, and a lot of time to talk with them. My wife and I talked with one of the Zion employees that we have talked to on the phone many times (I asked where she was so we could meet her and she was very helpful), and met many of the ones from the Dallas office. That is when I spoke with Dustin Guinn and Victor Carrillo. It was a party. It was nice to meet fellow investors and a couple of the message board guys. I left feeling that we are weeks - not months away being blessed in a big way.
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tisdal I talked with Victor Carrillo at the reception for some time. He read your questions almost verbatim and gave the answers you have posted. But concerning the short issue, he did not address that at the meeting. Except to say that it is false and malicious. I think there is ongoing action Zion is involved with.
11 nations are represented at the well. Mostly Romanian. USA, Germany UK, Ukrane, Croatia, Romania, Scotland, Italy, Spain, Holland, and Texas lol. One visitor at the meeting was all the way from Indonesia.
Delays were caused by Israel and new laws, Zion was the first to have to follow.
Well depth pressure was 75 psi, temp was 162 degrees Celsius. Torque was 20% over recommended level - very risky! But with all this being said, the casing is secure now, and the water supply is protected.
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Yes Dustin Guinn said he believes it is going to be a success. He mentioned that the Israelis there love Zion. Zion has built sound barriers to soften the noise around the well.
The meeting opened with prayer. Was led by Victor Carrillo. Voting was done. and was unified with 95% or better voting for the proposals.
There are in Europe 21 rigs, North Africa 58, Turkey/Iraq 79, Saudi Arabia 283, and Israel 1. This statement drew applause from the audience of almost 300. The mentioning of the embassy in Jerusalem also drew the longest applause. It was a celebratory meeting. God was glorified and honored, and given credit for providing and sustaining.
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I asked Dustin Guinn if they were testing from the bottom up, and he said yes. He is the real deal too. He said this is a celebratory event. Very humble. He mentioned that there were bombs going off just 20 to 30 away and they had to have safety plans in place. Everyone feels good about showing up to work at the well as far as safety is concerned. He reiterated that they have had 0 incidents. That's important.
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Yes Peace about our investment is what we have too. Hi everyone. After the meeting after everyone had left to go to the reception, ratbike and I were talking, and John Brown comes walking back from the elevators to talk with us. There is no one behind us. He talked with us for about 10 minutes about Jesus, forgiveness, fulfillment, and the gospel. John Brown is the real deal. It was an honor to meet him.
Gathering my notes.
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I'll add that to tisdal's questions which are all good. Yes I think Israel is watching. God's ways are beyond our comprehension. The timing of Zion is perfect. ONLY 1 MORE DAY before the June 5th shareholders meeting.
I think when enough information is collected to warrant sharing - Zion will share it with us. That could be after all 5 zones have been tested, or that could be after the next zone, or the next. The thing is, it IS coming.
No more delays was referring to finding oil. Guess what. Zion found oil! Now we move forward with the next phase which is testing. To speak of delays about testing and try to apply that to waiting on finding oil is absurd and is completely missing the point that WE FOUND OIL ALREADY! Pay attention. Try to keep up. There are no more delays when it comes to finding oil.
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Another excellent post brother. I am confident about Zion and I will see the management and workers face to face in a couple days. I am humbled to be able to be part of such company.
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I think more like James 3:16 I took advantage of the price activity today. My confidence has only strengthened.
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Thank's for your response. Regarding equipment brought out to the site for testing and storage - what's your take on all the new equipment out there? You're in the business, so why do you think Zion has all that there?
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Thank you. My wife and I are very excited to be able to go and meet the Zion team. We are going more for the fellowship than anything else. I trust them, and I will be shocked if we all don't get information by then. I do think that everyone will get the information all at the same time with a major press release. But it will be nice to be able to ask them questions face to face. Let me know if I can help please.
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Gotcha. Understood. I'm hanging in there too. I was just referring to testing the first zone, and then moving to the next, and so on. I will try to be flexible because I know they are in a fluid situation. We will be blessed. But I hear you.
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ONLY 2 DAYS TRADING LEFT before the shareholders meeting in Dallas on June 5th. I don't think this will happen, but just thought of it and thought I would share. Zion could halt the stock at the start of the meeting which will begin with 1 hour of normal trading left in the day.
I would think it would be hard to continue testing on Sunday into the next zone if you didn't have a license lol. ooopps Zion is doing what they said they would do. This is exciting folks. Let me take my blood pressure med!
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Not true again!! geopressure; I'm genuinely curious about your expectations... Can you share with me how all that new testing and storage equipment will be used, and why you think Zion brought it in? if it will be successful??? Like what's your best case scenario???
Zion might NOT share information if Israel request that they hold off a bit. The tests probably are off the charts good results and THAT is why we have not heard. Shorts are not able to cover fast enough? I think there has been a leak and someone knows time i s RUNNING O U T ! ! ! !
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I have never seen such desperation by shorts! I bought more at $3.04 more blessings!!
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Cascade and geopressure; I'm genuinely curious about your expectations... Can you share with me how all that new testing and storage equipment will be used, and why you think Zion brought it in? if it will be successful??? Like what's your best case scenario??? And what about the institutions who are invested in ZN like Vanguard, Blackrock, Fidelity, and the rest - do they not know what they are doing? lol
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That was a drop in the bucket my friend. I'm all in and I'n not selling. I'm waiting for the BIG NEWS and it's not always easy.
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The 10% rule was just tripped - man they are really desperate.
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The shorts are trying to cover and get out, but not many are selling. Also Institutions are stepping in and buying the shares that the shorts want down low, so the shorts are not getting enough shares. The price may have gone down, but that doesn't mean very many are selling.
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Take good care brother!! And keep your priorities in place!! We are being blessed. And so is Israel.
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spike I will be at the shareholders meeting on Tuesday. Let me know what you want to ask Zion and I will personally ask them for you. Time is on our side here folks. I am very excited and confident - and not worried. And I bought 100% of my Rights this week. So now I will be able to buy those $3 shares when the time is right. I ended up not oversubscribing, but instead using 100% of that money and purchasing stock on the open market. So now I wait. And I now own more ZN stock than I ever have before. I'm looking forward to meeting Mr. Carrillo and the rest of the Zion team in a few days.
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Not true...... Just many of the FACTS are ignored selectively.
Like......Quote:
"After extensive well preparation, rig up and endurance testing of our service provider's imported well testing equipment, which includes additional well control equipment, flare stacks, separation units, slick line unit, stimulation and storage equipment, we are ready to begin the highly anticipated testing and flow back of the MJ #1 well."
Thanks to JRyan for this rundown on the new equipment.
Flare Stack
Quote:
A gas flare, alternatively known as a flare stack, is a gas combustion device used in industrial plants such as petroleum refineries, chemical plants, natural gas processing plants as well as at oil or gas production sites having oil wells, gas wells, offshore oil and gas rigs and landfills.
In industrial plants such as petroleum refineries, petrochemical or other chemical plants, and natural gas processing plants, the main purpose of a flare stack is that of safety by protecting pressure vessels or pipes from over-pressuring due to unplanned operational upsets.
Separation Units
Quote:
The term separator in oilfield terminology designates a pressure vessel used for separating well fluids produced from oil and gas wells into gaseous and liquid components. A separator for petroleum production is a large vessel designed to separate production fluids into their constituent components of oil, gas and water. A separating vessel may be referred to in the following ways: Oil and gas separator, Separator, Stage separator, Trap, Knockout vessel (Knockout drum, knockout trap, water knockout, or liquid knockout), Flash chamber (flash vessel or flash trap), Expansion separator or expansion vessel, Scrubber (gas scrubber), Filter (gas filter). These separating vessels are normally used on a producing lease or platform near the wellhead, manifold, or tank battery to separate fluids produced from oil and gas wells into oil and gas or liquid and gas. An oil and gas separator generally includes the following essential components and features:
1. A vessel that includes (a) primary separation device and/or section, (b) secondary “gravity” settling (separating) section, (c) mist extractor to remove small liquid particles from the gas, (d) gas outlet, (e) liquid settling (separating) section to remove gas or vapor from oil (on a three-phase unit, this section also separates water from oil), (f) oil outlet, and (g) water outlet (three-phase unit).
2. Adequate volumetric liquid capacity to handle liquid surges (slugs) from the wells and/or flowlines.
3. Adequate vessel diameter and height or length to allow most of the liquid to separate from the gas so that the mist extractor will not be flooded.
4. A means of controlling an oil level in the separator, which usually includes a liquid-level controller and a diaphragm motor valve on the oil outlet.
5. A back pressure valve on the gas outlet to maintain a steady pressure in the vessel.
6. Pressure relief devices.
Separators work on the principle that the three components have different densities, which allows them to stratify when moving slowly with gas on top, water on the bottom and oil in the middle. Any solids such as sand will also settle in the bottom of the separator. The functions of oil and gas separators can be divided into the primary and secondary functions which will be discussed later on.
Slickline Unit
Quote:
Slickline refers to a single strand wire which is used to run tools into wellbore for several purposes. It is used in the oil and gas industry, but also describes that niche of the industry that involves using a slickline truck or doing a slickline job.
Slickline looks like a long, smooth, unbraided wire, often shiny, silver/chrome in appearance. It comes in varying lengths, according to the depth of wells in the area it is used (it can be ordered to specification) up to 35,000 feet in length. It is used to lower and raise downhole tools used in oil and gas well maintenance to the appropriate depth of the drilled well. In use and appearance it is connected by the drum it is spooled off of in the back of the slickline truck to the wireline sheave a round wheel grooved and sized to accept a specified line and positioned to redirect the line to another sheave that will allow the slickline to enter the wellbore.[1] Slickline is used to lower downhole tools into an oil or gas well to perform a specified maintenance job downhole. Downhole refers to the area in the pipe below surface, the pipe being either the casing cemented in the hole by the drilling rig (which keeps the drilled hole from caving in and pressure from the various oil or gas zones downhole from feeding into one another) or the tubing, a smaller diameter pipe hung inside the casing.
There is new equipment at the well RIGHT NOW. FACT.
THERE IS ABOUT 9% (last report) INSTITUTIONAL INVESTMENT. FACT.
There are a lot of FACTS presented here, to go along with questions and possibilities. But 99.9% is wishful thinking for anyone with short interest.
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The following doesn't give you a confident "vibe"? lol
Thumbs up!
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Quote:
"After extensive well preparation, rig up and endurance testing of our service provider's imported well testing equipment, which includes additional well control equipment, flare stacks, separation units, slick line unit, stimulation and storage equipment, we are ready to begin the highly anticipated testing and flow back of the MJ #1 well."
Thanks to JRyan for this rundown on the new equipment.
Flare Stack
Quote:
A gas flare, alternatively known as a flare stack, is a gas combustion device used in industrial plants such as petroleum refineries, chemical plants, natural gas processing plants as well as at oil or gas production sites having oil wells, gas wells, offshore oil and gas rigs and landfills.
In industrial plants such as petroleum refineries, petrochemical or other chemical plants, and natural gas processing plants, the main purpose of a flare stack is that of safety by protecting pressure vessels or pipes from over-pressuring due to unplanned operational upsets.
Separation Units
Quote:
The term separator in oilfield terminology designates a pressure vessel used for separating well fluids produced from oil and gas wells into gaseous and liquid components. A separator for petroleum production is a large vessel designed to separate production fluids into their constituent components of oil, gas and water. A separating vessel may be referred to in the following ways: Oil and gas separator, Separator, Stage separator, Trap, Knockout vessel (Knockout drum, knockout trap, water knockout, or liquid knockout), Flash chamber (flash vessel or flash trap), Expansion separator or expansion vessel, Scrubber (gas scrubber), Filter (gas filter). These separating vessels are normally used on a producing lease or platform near the wellhead, manifold, or tank battery to separate fluids produced from oil and gas wells into oil and gas or liquid and gas. An oil and gas separator generally includes the following essential components and features:
1. A vessel that includes (a) primary separation device and/or section, (b) secondary “gravity” settling (separating) section, (c) mist extractor to remove small liquid particles from the gas, (d) gas outlet, (e) liquid settling (separating) section to remove gas or vapor from oil (on a three-phase unit, this section also separates water from oil), (f) oil outlet, and (g) water outlet (three-phase unit).
2. Adequate volumetric liquid capacity to handle liquid surges (slugs) from the wells and/or flowlines.
3. Adequate vessel diameter and height or length to allow most of the liquid to separate from the gas so that the mist extractor will not be flooded.
4. A means of controlling an oil level in the separator, which usually includes a liquid-level controller and a diaphragm motor valve on the oil outlet.
5. A back pressure valve on the gas outlet to maintain a steady pressure in the vessel.
6. Pressure relief devices.
Separators work on the principle that the three components have different densities, which allows them to stratify when moving slowly with gas on top, water on the bottom and oil in the middle. Any solids such as sand will also settle in the bottom of the separator. The functions of oil and gas separators can be divided into the primary and secondary functions which will be discussed later on.
Slickline Unit
Quote:
Slickline refers to a single strand wire which is used to run tools into wellbore for several purposes. It is used in the oil and gas industry, but also describes that niche of the industry that involves using a slickline truck or doing a slickline job.
Slickline looks like a long, smooth, unbraided wire, often shiny, silver/chrome in appearance. It comes in varying lengths, according to the depth of wells in the area it is used (it can be ordered to specification) up to 35,000 feet in length. It is used to lower and raise downhole tools used in oil and gas well maintenance to the appropriate depth of the drilled well. In use and appearance it is connected by the drum it is spooled off of in the back of the slickline truck to the wireline sheave a round wheel grooved and sized to accept a specified line and positioned to redirect the line to another sheave that will allow the slickline to enter the wellbore.[1] Slickline is used to lower downhole tools into an oil or gas well to perform a specified maintenance job downhole. Downhole refers to the area in the pipe below surface, the pipe being either the casing cemented in the hole by the drilling rig (which keeps the drilled hole from caving in and pressure from the various oil or gas zones downhole from feeding into one another) or the tubing, a smaller diameter pipe hung inside the casing.
Oh we aren't buying it either : / ) (let me turn of the violin music - record scratch sound) Still WAITING for that answer to the equipment and institutional question from ALL the negs lol.
Asking all the wrong questions, and trying to turn the attention away from what is really happening is a tactic that ain't workin' this time - and the shorts ain't coverin' fast enough. Zion is NOT about assets, and it is NOT about novice investors, and it is NOT about irrelevant dilution. Zion IS about oil in the ground, and high institutional investing, and a reset to the price of the stock when the size of the oil is announced. Just a matter of God's timing. That's just the way it is.
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geopressure; I'm genuinely curious about your expectations... Can you share with me how all that new testing and storage equipment will be used, and why you think Zion brought it in? if it will be successful??? Like what's your best case scenario???
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That's terrible what happened geopressure in your family's past history of oil investing. And as you said - they in in prison.
I believe with all my heart that I and my family will be blessed by investing in Zion because of 3 things: 1 The Bible tells me so that those who bless Israel will be blessed. 2 I have already been blessed by doing so. And most importantly, 3 I am led in my spirit in a very strong way to do so, and throughout my life I have been led in this manner before to take some "weird" steps or to do some "random" things, and every single time it has turned out to be a blessing. So I feel that Zion will find enough. I'll lean not on my own understanding, and I'll leave it up to God exactly how all the numbers work out. And all things will work together for my good. But this isn't just about me.
ZN !!!!!!!!
geo Zion is not about assets - it's about finding oil and gas. Zion is an exploration/production company - not a warehouse. Seriously? We are not saying assets are worth anything. We are saying we think there's a good opportunity to find oil and all that that means. What did Zion do to beef up their institutional investors department? It worked!
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I think Israel is the biggest factor regarding when news is released. When they have bombs dropping near where there are schools that children attend, I am very willing to cut them some slack. Zion is a company that is set apart so much so that it is difficult for some to even grasp what level Zion is operating on, as Zion is totally dependent on God providing.
It seems that reality is starting to set in for those still holding short positions, as they completely ignore the fact that there is all the new testing and storage equipment there now, and that institutional investment is at 9% by professional and knowledgeable investors. Expect that reality to get more and more desperate in the coming days.
We will learn much information in the next several days, and God is still in control of the timing. Better Him than me.
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I guarantee that Zion will put out a statement at the shareholders meeting that will include Biblical scripture. So we will have the company Zion putting out a statement, a statement put out at a shareholders meeting, a statement by a Zion spokesperson pertaining to the goals and accomplishments of the company - but of course the statement will be off-topic.?.? I think not!
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I agree. I think BIG NEWS will be put out before the shareholders meeting, but that there will be multiple news put out and there might be something smaller put out simultaneously as a PR at the meeting. Monday would be awesome for BIG NEWS so the SEC cannot leak early like tisdal mentioned. We are soooooo close.!!!
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Excellent plan. I hope they do it that way to help even the playing field as much as possible. Early trading on Monday morning will be very interesting. I think we will be getting news multiple times as Zion becomes more forthcoming.
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