Zion Oil & Gas Inc (ZNOG)

[WiseYoda]

I agree. The license getting extended which they wouldn’t have done without oil so question is if its commercial quantities or not. The largest shareholder doubling his position this year who basically bought the oil rig this time around. Since he’s investing directly with the company I believe he’s seen the 3D imaging. My guess is theres oil and Zion just needs to hit it and he’s funding it believing they’ll do it. Why on earth would they be drilling in the same exact location when theres plenty more room within the licensed area to drill else where? Israel is becoming an energy powerhouse and will eventually cause Ezekiel 38 to come to pass.

Question for the board: I saw that picture of how stacked the drill was as many are calling it a Christmas tree. I remember it wasn’t stacked like that last time. Could this be an indicator that Zion may have a discovery? Why would the drill be so stacked like that as it wasn’t last time.