Zion Oil & Gas Inc (ZNOG)

[Imperial Whazoo]

Its altogether different. For one, the gas field is off shore. On shore, the politics of UN & world opinion undermining Israel are in play, while they are not in play at all off shore. A deep well that has multiple zones that can be perforated to create a shallower field in the entire northern border area is quite a big political problem, given the Russian, Iranian, terrorist, Turkish etcetera military presence in the areas immediately to the north and north east. It's political problems that will dictate the pace and nature of developments. Thats for sure. And it could cut either way. The pace could be dictated by the Israelis to be blisteringly fast or it could be frustratingly convoluted and drawn out. Whichever way, fast or slow, if a huge find is confirmed, defending that area will require lots of military involvement. Mr Brown can have the best of characters, which he apparently he has, but if the government says "Jump!!", everybody jumps.

Imperial Whazoo