Zion Oil & Gas Inc (ZNOG)

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sounds good

to back you up on your statements,zn found more than a teaspoon of oil-and it wasnt kerogen, as dd has shown/posted many times from zn's filings-

we dont know how much oil there was in the 90-110 barrels /day they were getting from the small acid triassic job-where they found "light oil" as per chromatographic readings - only that it was not commercially economic to produce

but since the oil they did encounter was essentially in the very bottom -within 100 ft -of the well bottom of 5060 meters -and since the huge offshore gas stratum is 5000-7000 meters deep

and since the medeg fields to zn's sw in the same stratum that flows thru zn's concession to syria's oilfields -namely the palmyra stratum/rift-were close to 5k deep(e.g 4700 meters), there is a fair likelihood that an oilbearing strata in zn's concession would be just a little deeper than the 5060 meters zn drilled- how deep was the afek/genie well(s)in the golan?

delek purchased an onshore concession just 20 miles to zn's west-on the supposed basis that the offshore stratum which has produced huge offshore leviathon gas fields for delek and others -continues east under onshore israel

and the intersection of a line from leviathon thru deleks new onshore concession buyin and the palymyra strata from syria to telaviv and jerusalem meets in zn's concession!!!

re another criticsm,just to deal with one of them, there are very few aquifers in israel to threaten-unlike the usa- and we dont hear much in the usa(except presumably in a few local areas) about oil operations damaging aquifers-where a lot of fracking has been done

i've posted articles re how israel gets most of its drinking water from desalination plants now

even in an article and publication critical of israel posted here before,said article noted that fracking would NOT be a problem in the golan heights area,which is where most of israels natural fresh water comes from! So the logical conclusion should be that onshore oil operations are not a threat to drinking water!! especially as zn's concession is downstream from the golan


the entire history of zn's operations and the search for oil to the north, west and south of zn's concession logically leads a non biased mind to conclude zn's concession may very well have a commercial field. Otherwise we are to believe zn's concession is about the only area concession to not have a commercial field-unlikely.

For these reasons and more than can be discussed i think zn's concession has a commercial field somewhere.

zn's disclosures indicate as you say a system of cap rock, high pressure and high temperatures often associated w oil or gas fields.
the 3d, as zn made clear, is to determine whether there is such a field in the mj1 area,since they found a system there,to see e.g., if such a field was displaced vertically or horizontally by a fault line etc.

an added benefit of discovering such a field within the 2.5 mile 3d radius of the well is that a new well could be placed on the same well pad,thus saving considerable time and money on a new well,since horizontal well trajectories can now be made as much as 5 miles horizontally on top of the vertical depth drilled