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tisdal

04/22/18 8:39 AM

#13747 RE: RaptureSpecialist #13745

As Zion's COO said, test phase is crucial.

As we all know, If MJ#1 has uncovered a commercially producible reservoir of good size, then all these good things will follow.

Crucial

...(of a decision or event) extremely important because many other things depend on it...


I have thought about it. I pray over it every morning (Shalom-Shalom).

It is now in His hands as I always will be.

TAB78

04/22/18 2:34 PM

#13754 RE: RaptureSpecialist #13745

I hope and pray these speculations come true, but for now please don't be offended if stay on the conservative side of things.

I want a pps over the moon and a dozen splits in the next ten years, but I am gonna keep my forecast on more conservative numbers until we know much, much more.

One well pumping 10,000 barrels a day, I might add may not be pumping anything September or later. Takes time to get plans approved, permits, contracts signed, materials sourced.

Yes the Israeli government will prioritize this but I am thinking 3 months minimum maybe six month's or more.

If there is any legal challenges from local environmental groups.

IMO MJ#1 will pumping and seeing oil to Haifa by Sept. But it's only my opinion based on current information. Now if anything changes then so will my analysis.

Also, there may be work going on we are not aware of, but involved would been required to sign an NDA so we will not until the time is right.