Zion Oil & Gas Inc (ZNOG)

[KyOil]

5 Primary Zones Above Mohilla

Looks like the Mohilla was not commercial and testing will now move further up the hole. The two previously identified secondary zones are now primary zones, and three more zones were identified as primary.

With 5 zones to test, it's quite possible that the Cretaceous has one or two zones in addition to the Jurassic having multiple zones. Both geologies showed fractured carbonate reservoirs and shows of hydrocarbons as stated by ZN PRs while drilling. The Cretaceous logs were shown in a video last fall. The Jurassic was where high pressure was encountered that caused drilling to halt for 42 days.

The testing delay is disappointing to say the least. It's the right thing to do to keep moving up the hole and testing other geologies. This is an exploration well and that is the purpose they serve. At shallower depths testing should move faster with shorter trip times, not so high temps, and no need for repeated acid and swabbing since they are already fractured.

Even with that, we may not have results by YE 2018 with testing on hold until mid-Oct.

I'm settling in for the long haul. Took it on the chin hard this time. Will be back in full force sometime in the coming months. Going to be focusing on my other businesses in the meantime. Will check the board on occasion if anyone wants to reach me. Replying to one of my posts is probably the best way to ensure I see your post to me.

Shalom to all!