Zion Oil & Gas Inc (ZNOG)

[ratbike1000r]

If Zion was able to float a loan or extend payment for services they would definitely need good collateral of some kind. IMO The only collateral they could offer at this point would be a very promising out look on the well. If they could present a lender or a service provider proof that there is a high chance of success and payment won't be a problem I'm sure they would get on board.

If this is the case this is once again a very positive sign.

The fact that they are not asking for funding at this point can be nothing but a big positive.