ZeroPointEnergy, Don't count me among your following
I still believe that oil will be found in Israel. I still believe Zion might find it.
All I am saying is that if they do not strike oil with MJ02, then there could be something wrong with the way Zion is drilling. With the main issue being their regard and respect of their shareholder's investment.
When you take all the positives that MJ02 has on it's side and the money spent to position it to have that favor:
1.) MJ01 Data
2.) 3D Seismic Data ("The Secret Sauce")
3.) Drilling Rig
4.) Drilled from same pad where MJ01 was drilled
5.) Drilled from same pad where largest 3D Seismic survey in Israel's history was conducted.
6.) Drilled as a production well with a large borehole.
If they do not have oil at the end of this borehole, then they pretty much blew it. Either that, or they should not have drilled at all. They will have some serious explaining to do if that is the case.
No oil company in the world would drill if all the data above didn't conclusively show a commercial find. A lot more then shareholder value is depending on MJ02 being commercially viable. Zion's reputation as a reputable oil company is riding on this well being commercially viable as well.
With all of the above, Drilling and NOT striking oil could be seen as misleading in and of itself.
If any oil company, armed with all of the above, were to walk away from this endeavor without oil being found, the upper management team would be fired for fraudulently misleading their shareholders.
Seriously, what more could they possible ask of us, the faithful long term shareholder, with respect to securing an oil discovery? There simply is not anything else that can be provided at this time. We have given them every thing possible to provide them with success.
AI
Market Data 
Markets 
