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Re: dby03 post# 31371

Wednesday, 03/27/2019 11:23:12 PM

Wednesday, March 27, 2019 11:23:12 PM

Post# of 54125
thanks,that makes sense-- i knew the parent co of the subsidiary zn leased the drill rig from was in bankruptcy,that dustin was ceo of viking services in 2015 ,but neither viking nor its sub was in bankruptcy to my knowledge- thus the quandary -guess i should have reread all the pr's-didnt realiaze they had changed course w the rig as the pr i posted sounded final

so, as you say:
"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)."

still dont know if rig is on site -didnt see any mention of movement of rig in 10k-and put it out there for others to do a 10k scavenger hunt for the rig-no takers i dont think

good to know it can drill to over 7000 meters-23000 feet

dont know if dafora's sub(unless dafora is the sub) is still in bankruptcy in europe or what kind of bankruptcy-dont like to take advantage but if dafora or sub is closing out may be able to obtain the rig for a good price

Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?

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