Zion Oil & Gas Inc (ZNOG)

[married50]

KyOil, Can you give us your thoughts on Dunn's update? Is it possible that they have given up on the zones they have tested to date, or is there more to be done? I don't know how others feel but the update did not give me a lot of confidence. I also wonder how many more zones they need to test after Dunn stating at the meeting that (as I recall) there were only about 4 zones of interest. Also, we were advised that the current license will be extended another 6 months but we have heard nothing about the new license they applied for. Speculation aside, could it be that Israel is waiting to see what happens with MJ02 before considering a new license? Dunn also indicated in the latest update that the additional testing will be done in the next few weeks which I take to mean we are very close. I have been around for many years and this seems to be setting up just like MJ01. For the first time, I am beginning to think "dry hole." Trust me, I have an awful lot to lose, so I am not trying to be a wet blanket. Are others thinking the same way I am?