Zion Oil & Gas Inc (ZNOG)

[x1power]

Looking stock over.
Debt is listed as $8.5 Mill currently, and even if this company can place their private offering, they will need lots more cash to keep going.

Not much available as to what their employee count is.
Looks like single rig company to me. Company does not offer much info on what sesmic (sp) tech they have used to determine the formation.
Was it presented previously?

Where is Israeli government on this company results to date?
They have not seem too concerned about company promise to produce?

What can ZN actually show forth as real oil/gas quality and quantity of mud sediment? If the company cannot bring specific readings into its next PR, that is puzzling.

What is the ZN well depth compared to Syrian oil finds in their country?
Syria presently produces not much oil or gas from their efforts. Would they not be in same general field find depth conditions?

Lots of investors seem to be buying in right now . . . will watch and see how it goes.

Interested in what kind of stock price develops after next PR (which is suppose to be in new few months).