Zion Oil & Gas Inc (ZNOG)

[Bruce_Mcdonalds]

For another viewpoint of similar numbers in a spreadsheet, you can review JRyan's spreadsheet in post # 18014. The spreadsheet ignores transport costs of 425 lb per barrel oil (it ain't free) and the 8 million a year administrative cost for their Texas office, but concludes Zion would clear about $10 a barrel with $60 oil. I tend to agree with his conclusion, although not his exact numbers.

Unfortunately who-ever does a spreadsheet will come to about the same conclusion JRyan did, cause those are, more or less, the numbers. And, of course, we don't have $60 oil for which to ekk out our $10 a barrel profit.