Zion Oil & Gas Inc (ZNOG)

[Moses1492]

Agree and eloquently stated. I believe ZN's pps would likely have been over 50 cents here recently on the news of hydrocarbon shows and extension of lease alone. Unfortunately the entire OTC market is down 50% and also ZN can't speculate right now on what they "may" have given the current SEC investigation and are gun shy.

The other looming question remains are we going to have to wait 8 months while they fully test out the hole. I think ZN may have several additional kick-out lateral bores to drill if the deepest bottom hole section doesn't test commercially.

ZN will totally exhaust ALL potential zones as a last ditch effort. I think ZN asked for the max amount of time to test because they know its do or die so to speak. BUT HE has this in his hands so no worries :)