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Monday, January 01, 2024 1:18:01 PM
Here is the reason some people say it's a SCAM.
Nearby when this photo was made, Genie Energy was drilling a well in the Golan Heights. It cost 16.5 million dollars to drill, was drilled in 3 months, and closed down as non-commercial within 7 months from spud. Compare this to MJ#1, and ask yourself, where did Zion Oil spend the extra 120 million dollars, why did the well cost 10 times as much and take 12 times longer, and as of today, the commercial operation issue still isn't resolved?
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