Zion Oil & Gas Inc (ZNOG): KyOil, summarizing what I got from your...

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Re: KyOil post# 51450

Monday, 10/03/2022 10:35:51 PM

Monday, October 03, 2022 10:35:51 PM

KyOil, summarizing what I got from your analysis.

It's not about MJ02 being a gusher, it's about it being able to identify a reservoir and its size, validating the 3D data. That really is the goal at this point.

If the reservoir size is "substantial" and it validates the 3D Data, Zion will then be able to justify (based on the MJ02 validated 3D data) the drilling of MJ03 (where ever necessary) based on the validated 3D data to fully access the oil reserve exposed in by MJ02.

Did I get this correct? Will Zion be able to get a production license based on this validating??

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