Zion Oil & Gas Inc (ZNOG): JRyan. Quote from 10-K: We will need t...

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Zion Oil & Gas Inc (ZNOG)

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Re: JRyan post# 25131

Wednesday, 08/08/2018 7:19:04 PM

Wednesday, August 08, 2018 7:19:04 PM

JRyan.
Quote from 10-K: We will need to raise funds in order to drill our next exploratory well to the desired depth and to conduct any post drilling testing that may be required.
I read this as simply a matter of fact statement saying they don't presently have the funds to start another well, but I don't read this as commenting on the success of MJ #1.

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