Zion Oil & Gas Inc (ZNOG): You are correct, at least the little bit...

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Zion Oil & Gas Inc (ZNOG)

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Re: Rainman19 post# 1159

Wednesday, 12/16/2009 10:26:06 AM

Wednesday, December 16, 2009 10:26:06 AM

You are correct, at least the little bit of recovered oil shows that movable oil exists in the rock.... Now the hard part is to find a suitable reservoir where the rock is suitably developed to hold and allow flow of the hydrocarbons (need porosity, permability and a trapping mechanism to hold it there)...

Maybe it will be uphole in the other 4 zones, maybe it will be in the Deep - as yet unpenetrated Permian...

The "swing for the fences" discovery potential in the Permian is my main reason for buying into this stock. The reward is 1000 to 1 if they hit a "middle east sized pool"....

I hope we get a more detailed weekly report this Friday, a gameplan of what's been done so far and the roadmap for the further completion attempts on the #2...

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