Zion Oil & Gas Inc (ZNOG)

[microcaps1]

this article has been posted many many times- so no reason to ignore the articles stated reason for the 50M investment by ATEV in givot -article says bc estimated 20-50m barrel recoverable apparently discovered in ca feb in a field proceeding east from elad-
which itself is under 40 miles from ZN's MJ1 well,as per many posts i posted

e.g.,

microcaps1 Tuesday, 03/12/19 11:53:34 AM
Re: axle777 post# 31118 0
Post # of 31383

it could - 50k km sq is 78 square miles-e,g, the avg american city of 250k ppl is 50 sq miles

so 30 miles long by 2.6 miles wide-the shape of some oil fields would come mighty close to mj1

and very well could flow into zn's huge 99000 acre concession west of mj1

of course they dont know the full extent of the oil field-

microcaps1 Monday, 03/11/19 01:43:43 PM
Re: None 0
Post # of 31383

http://beit-shean-en.netzah.org/

zn's well is more than a few miles south of beit shean,which is 49 mim from tel aviv

mj1 is ca 5 mi S of beit shean and the new meged field starts 16 mi e of tel aviv-proceeding east and probably north as all currently known fields in that area proceed n and s,as noted by a map jryan?posted some time ago

http://en.netzah.org/rasstoyanie.php,and thus distance between farthermost point of new meged oilfield from mj1 is under 40 miles

and the n and e portion of such meged field would be even closer to
mj1 and zn's concession

evidence of these oil fields close by zn's concession plus offshore fields plus palymira oil strata from syria thru zn's concession puts zn's concession at the bullseye triangulation
point of those surrounding series of fields

delek bought into 2 licenses in n israel to w of zn's concession

none of this guarantees a big field to zn but it is promising and debunks the false cry of there is no oil in israel,especially north israel



https://www.haaretz.com/israel-news/business/israeli-oil-explorer-recruits-mysterious-investor-group-to-revive-its-fortunes-1.6912052