Zion Oil & Gas Inc (ZNOG)

[TWISTED CHRISTIAN]

Zion found 90-120 barrels of light oil?

From MJ#01, Zion found the estimated flow rate of 90 to 120 barrels using third party petrophysical analysis, if my memory serves me correctly. They had light oil (the best) in the hole plus gas plus high heat.

So by my math, and according to your estimates, 120 barrels a day X $80p/barrel of (the best) oil is not commercial? 120 X 80 X 365 = $3,504,000 dollars per year in revenue.

Can you tell me what is needed for a commercial find? You do know that "high heat" is actually terrible for oil. Why oil is not found at deep depths.