Zion Oil & Gas Inc (ZNOG)

[dby03]

I found a couple of things


This is the article you provided which was a ZN Press Release from

Monday, June 29, 2015

Zion in Talks with Viking for Land Rig to Drill in Megiddo-Jezreel License  | Rigzone

https://www.rigzone.com/news/oil_gas/a/139378/Zion_in_Talks_with_Viking_for_Land_Rig_to_Drill_in_MegiddoJezreel_License


Here's the other one. Note the dates.

June 4, 2017 - 11:52 PM EDT

Drilling Begins! Zion Oil & Gas Spuds Megiddo-Jezreel #1 Well - Oil & Gas 360

https://www.oilandgas360.com/drilling-begins-zion-oil-gas-spuds-megiddo-jezreel-1-well/

The salient difference -

"Zion is contracting with world class service providers such has Halliburton, Baker Hughes, Weatherford and highlighted by DAFORA's F-400 drilling rig. The rig has a 3,000 HP capacity drawworks capable of drilling to over 7,000 meters (~23,000 feet). This provides more than sufficient horsepower and safety factor to drill our planned well with a target depth of up to 4,500 meters (~15,000 feet)."


And here's a third PR which explains the whole thing -

October 19, 2016

Zion Oil & Gas Nears Drilling Phase in Northern Israel

https://www.zionoil.com/updates/zion-oil-gas-nears-drilling-phase-in-northern-israel/


“We are excited to have successfully negotiated a drilling contract with DAFORA S.R.L. as well as completing and submitting our drilling engineering plan,” says Victor G. Carrillo, Zion’s CEO. “Reaching these two milestones, combined with signing agreements with both Kibbutz Sde Eliyahu on whose property the drill pad will be situated, and the Israel Land Authority (ILA) to access and utilize the drill site, allows us to start drill pad construction soon.”

Zion’s oil well drilling contract is with S.C. Daflog S.R.L., the Israeli-registered entity of and related party of DAFORA, a Romanian company.

“Given that DAFORA has drilled over 1,000 wells in Romania, Eastern Europe and East Africa, we are confident they are the right partner for our Megiddo-Jezreel #1 well in Israel,” Zion’s President, Dustin Guinn, said. “Zion will use DAFORA’s F-400 drilling rig, currently stored in Israel, to drill to about 4,500 meters (~15,000 feet).”


On the 3D, that makes sense.

I wonder if they have to try to see through a limestone cap rock?