Zion Oil & Gas Inc (ZNOG)

[JRyan]

I am not what sure to say. I have looked into this a lot.

I tell you what, I am no oil guy but I am not stupid either.

Billion Barrel fields are RARE, I can not link it, but I showed in a post what Gharwar looked like in relation to Israel. Sure this could be deep and that one is not. Speculation is rampant, so I am trying to cool it down a bit. The potential could be for Billions of barrels but ZNOG can nor will they say that. Do you know how I know this? They do not have the information. We drilled a wildcat, you know the thing the shorty's keep forgetting. They can come back with estimates of what this one well, MJ2 would produce and maybe interpolate the field.

$10 a share would make me happy. Granted not as happy as $100 or $1000 for that matter but it is way too early for that. Lets just be commercial for now. I do not want to give the newbies any false hope here, heck this well could still be dry! I hope not, and my hunch is it is not, but I am ignorant of what they found as are all of you.

I would like KyOIl to address just how big a Billion barrel field is. I am 100% positive, there was never one in Ky.

Now since we are talking and talking scale. There are 500 Billion Barrels in the Bakken formation. My dad told me this in the 70's. Technology is getting good enough that we look like we can get 10-20 Billion if you count the Permian and Eagle Ford. This requires fracking, which is NOT an option for us at this time.