Zion Oil & Gas Inc (ZNOG)

[KyOil]

I'm still wrestling with the purpose of today's PR.

The 10Q yesterday gave a timeline on testing (several weeks). Today's PR did not. A few operational hints were given in today's PR such as everything is in Israel and DST is the type of testing. But that is not worth a PR within 24 hours of the 10Q. And those items could have been included in the 10Q operations update section.

The first topic mentioned is probably the most important: applying for both replacing and extending the #428 license. But it does not expire until Aug, and Zion usually gets a last minute extension. Further, Zion has never before stated that an extension was requested (to my recollection); they have only stated when an extension was granted.

Perhaps today's PR is simply covering some legal requirement/risk?

I would be frustrated that the PR is very confusing, but all Zion updates and PRs are confusing. So at least they are consistent.