Zion Oil & Gas Inc (ZNOG)

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it is not a minimum of 3 years before zn can drill again-the 3d process is expected to last ca one year and we have been into that process for awhile

drilling would depend on 3d results-whether a jackpot was discovered while 3d survey was ongoing or whether the full 3? months of interpretation upon finishing the mapping-so they could drill as early as one year or earlier-by which time the interpretation is expected to be finished

and possibly even earlier if zn received additional investment,whether thru a partner or otherwise,and other info useful to drilling,similar to the rush of info recently re investment by other co's in north israel onshore licenses etc

just as givot received 50 million investment based on the meged field-especially the new field proceeding east and probably n from elad,one or more of these are less than 40 crow miles from zn's concession,if not zn's mj1 well,as previously researched and mapped
and thus givot is expected to be working in 4 wells at once,even though one or more of their wells was as expensive as mj1


companies dont need new s1 or s3 filing every time- i've seen at least 5 fundraises in companies under auspices of the same registration statement-last zn raise was under auspices of a 2017 filing

https://www.otcmarkets.com/filing/html?id=13098859&guid=EpA3UnmJNkI2Cbh


if zn can meet alternative nasdaq market standards by 180 days(july)then zn has another 180 days to get min pps to 1 dollar- which would be ca jan 2020 and thus would not be required to r/s til then-
and that is usually a court of last resort as we've noted many times- first co's like zn execute work to bring pps to min by showing value thru operational or fundraising etc activites

re the haaretz article written from an extreme viewpoint-look up wikipedia re haaretz-
as maps we have posted many times (and is in the ibox), very little of zn concession if any is marked as shale

it makes far less sense to oppose fracking in israel than the usa bc in the usa drinking water quality is a concern -whereas in israel drinking water comes mostly from desalination plants and upstream from the golan plus the golan and fracking was not seen as a concern in the golan, as per the study noted in the article