Wednesday, July 18, 2018 6:27:22 PM
I hope not another Capital raise before positive news.
I find the possibility of that remote. I just do not think it is in the cards this time. With all respect, I do not think we have to worry about it though. :)
The previous challenge issued was if anyone can identify a dry hole with these 3 conditions, then I would be thankful and hedge my ZN position. I'll reduce the challenge now to if anyone can find a well that satisfied just 2 of these 3 conditions and was dry then I will be thankful and hedge my ZN position.
I also noticed the crickets on this question. The resident expert should have at least addressed it no? I wonder why? Fruits again....
When the target formation (Mohilla Triassic in MJ#1 case) was reached, oil free flowed to the surface.
This one is HUGE!!
Help me understand what I am looking at here. I know this is older but the Triassic was the target, the deepest zone and we 'think' the news from that one was not what we wanted to hear. Zones 2 & 3 are what they are testing now.
I remember back at Elijah#1 that I wanted to go deeper. Could someone explain why the deepest part was not what we were looking for?
I mean they had fairly good info going in I would think, not 3d but 2d was good enough to go after this:
Geologist identified an ideal petro system with very significant oil-in-place estimate. Ideal petro system = source is close to the reservoir, reservoir is fractured, and cap rock is tight.
Just reading and thinking aloud........I mean there are wells nearby that have information being used.
By the way, John Brown does answer emails.
He can not say much of course but we all know why even though some keep asking. What he did say of substance was this:
Thank you for your email and support. We of course view this only as a spiritual attack on Zion because of what we are doing in Israel. (Gen. 12:3) and we believe that we will be vindicated eventually of any accusations. We also believe that God has given us clear direction and a reassurance that He is with us and will protect Zion and all our shareholders.
So they are listening and do care, but because of this spiritual attack they are limited. I will be glad when this is over and they can speak of things without having worry about every little issue. This company is being refined in ways we do not understand!
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