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04/30/18 5:04 PM

#14410 RE: JRyan #14408

ZN management confident of successful results
3 Primary and 2 secondary target zones
Flow testing starts tomorrow
Management going to Israel to oversee flow testing

Looks very very good!

"We are very pleased with our internal geoscience staff and our independent petrophysical consultants, each of whom did a great job in their analysis. We are confident that their analytical work positions us well to deliver successful results.

Zion’s CEO, Victor G. Carrillo, added, “Based on our internal interpretation that is supported by third-party petrophysical analysis we have chosen up to three primary and two secondary deep target zones to test for flow/production capacity.


We expect to start testing the first zone in the first week of May and testing will likely take several weeks to complete (depending on individual zone outcomes).