Zion Oil & Gas Inc (ZNOG)

[DragonBear]

so, zn leasing land from a religious kibbutz which observes these festivals

It takes an average of 6 weeks to drill a conventional oil well.

MJ1 was spud 04-Jun-17. Drilling should've been completed, and flow rate results given by the end of Aug 17. Or does this religious kibbutz observe non-working festivals 95% of the available hrs in a day, the year around?

Instead Brown, and his gang played the MJ1 well for a year's worth of PRs, along with 6 DSPPs, each bringing in approx $6M in financing. Of course having a well completed in a normal length of time wouldn't have allowed enough time to stage another 4 PSPPs. Where did all the money go? It's something the SEC would be interested in. And they care not how many religious festivals are observed by a kibbutz in Israel, or scripture in a PR.