Zion Oil & Gas Inc (ZNOG): KyOil what would you estimate the costs...

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Zion Oil & Gas Inc (ZNOG)

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Re: KyOil post# 46506

Friday, 02/04/2022 9:11:49 AM

Friday, February 04, 2022 9:11:49 AM

KyOil what would you estimate the costs is for ZN's completion activities? With over 170 million new shares issued through the DSPP it would appear they have raised 25-35 million in proceeds. Would this be more than enough to cover 8 months of production prepping & testing on a well this deep?

If we need to drill more side-track wells, I'd imagine that would costs well over 50 million.

Your insight is most appreciated

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