Zion Oil & Gas Inc (ZNOG)

[alancg]

Your objection regarding the lack of fluid composition details from MJ01 is not valid. By the same reasoning I suspect you would think management should release their 3D survey results.

As I posted, fluid composition is the fifth and final moment of truth in determining a commercial discovery. I’m fine with knowing Zion found an “active petroleum system” in MJ01 and no doubt have the fluid composition details from that well.

As a result, they conducted an expensive 3D survey, bought a drilling rig and went deeper to their target on the other side of the fault that runs through the site. They have assembled stimulation and testing resources far beyond anything in the previous 20 years. These things tell me the composition of the fluids found in MJ01 are worthy of all the subsequent efforts and expenses generated by Zion and their stockholders in the MJ02 endeavor.

I suggest you reconsider what our eyes and ears were created for.