Zion Oil & Gas Inc (ZNOG)

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very good-the ff article says 3d is relatively recent- zn no doubt was trying to save costs-if zn had previously used 3d some no doubt would cry waste

dont know how prevalent % of 3d is in oil industry -but in the mining stocks i've followed very few have used 3d so far

tisdal, could you re-post your map of previous zn wells- dont see it in the ibox
it really seems that each dry well- noncommercial -is by the process of elimination leading them to the deep oil hiding-deep speaks to deep-and would seem to be reserved onshore israel to the only present wildcatter onshore israel,especially w this specific mission,something which requires wisdom- something the world knows nothing about

great things are rarely easy-if they were, somebody else wold do it

the 2.5 mile 3D radius kyoil mentions would most likely allow zn to drill the next well from the same pad-lateral wells have gone over at least 3 miles

that and the plans to pursue the 1st active petroleum system they've encountered syncs with what i've heard,plus the 1st water or water monitoring well-water before oil

r/s of 20 is ridiculous- zn has 6-7 months before it even has to decide how to get pps up to 1 dollar again- and at the moment a r/s of 3:1 would be sufficient -but there is no rush-other factors could extend the 180 day period (after notice of deficiency of pps) another 180 days as i've cited from articles

and as i've posted e.g., another dallas based oil co which has been below 1 dollar pps for at least 5 years on a major exchange- ca 24c now, as it has been for a long time
if other factors are met -such as captilization/market value etc the 1 dollar min bid is not necessary

https://www.oilandgaslawyerblog.com/how-do-seismic-surveys-work/