Zion Oil & Gas Inc (ZNOG)

[tisdal]

If spud announcement is accompanied by positive 3D.Seismic

And a clear indication that this time, MJ#2 is not a wild cat well, but a directed well attempting to access what appears to be a reservoir of some size, then $5.50 maybe in the cards.

It all depends on how much Zion is comfortable releasing to the public these days. To date, Zion has held the 3D Seismic data close to the chest.

I do know that Zion has an attorney on the board now, and they are probably being guided with respect to what to say and what not to say. No doubt, every press release goes through that individual prior to release