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Sunday, October 22, 2023 8:00:12 AM
However, MJ1 had 'shows' but non flowing shows due to poor porosity. We are back in the original target area but with new purpose.
I had said in 2019, as givot got it to flow, so shall zion oil. It wasn't to happen then, but now technology has gotten better. It is not conventional in a normal sense.
So many say oil is not there, yet it is there and its light sweet crude.Can we get to it economically?
So if 1 million or 20 million barrels, doesn't matter, once flowing, the hunt is on. What i would want to know is once it is figured out how to get it out, how large is the formation from whence the light sweet stuff comes?
Ah 600 million shares......and counting.
Full disclosure, the share count has now diluted me to the point that it is just a stock I watch. I am pretty much out of the stock market as I can be. I have not added to my share count and do not plan on it. Still, been an interesting ride, learned a lot.
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