Thursday, March 31, 2022 11:58:41 PM
when i was president/exec director of a company there were only a few ppl who actually did the work - i took my fiduciary responsibilities seriously and thus gave a proper summary at each board meeting-sometimes board members said board meetings were too long - they didnt care what happened or know what new things were happening unless they volunteered to be involved as long as they got their milk and cookies- i dont see that happening w ZN based on their podcasts and PR's etc
I also see some of the revisions to the by laws preparing for the usual june stockholder meetings- those new provisions giving them the flexibility to deal w such meetings whether they have a commerical discovery or bust by then
https://www.zionoil.com/updates/zion-oil-gas-operations-update-from-israel-as-of-february-16-2022/
February 16, 2022
Update: MJ02 In Israel
Dear Zion Supporters and Shareholders,
2022 has kicked off to a fast and exciting start for Zion and its operations team as we prepare to continue developing and testing the MJ-02 well.
We are pleased to announce that all necessary services for completing the well, along with enhancement and reservoir testing, have been secured.
Zion has partnered with some of the leading Petro physicists and stimulation experts in the United States to plan the next phase of the operation.
As Zion continues to navigate manufacturing and logistical delays, the plan is to resume operations in quarter one.
These operations will start with necessary re-certifications and inspection of the rig while also upgrading critical systems that will benefit this operation and allow for enhanced drilling operations in the future.
Upon completing the inspections, upgrades, and rigging up, the crew will complete the final casing and tubular run before moving on to the enhancement and reservoir testing phase.
We continually give thanks to God and our loyal shareholders and supporters who make all this possible.
We will continue to provide material updates when we have relevant information to share with the public.
Sincerely,
Rob Dunn
CEO
Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?
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