Replies to post #16412 on Zion Oil & Gas Inc (ZNOG)

[tisdal]

Capt, 7x7=49Bbbls or 50Bbbls

First two of the 5 x 5's are coming:
**THIS IS SPECULATION**

Zion Oil and Gas in Cooperation with the Nation of Israel Announces the Oil of Israel.

- MJ#1 has discovered 5 different productive zones.
- The deepest zone is immediately producible through MJ#1
- Zion's test results estimate at least 50Bbbls in the oil field.
- Zion estimates a $50 NetBack per barrel.
- The MJ#1 will move to production while Zion begins drilling MJ#2,3,4,5, ETC. to gain access to the other 4 zones of production.
- Zion will be required to raise another $50M to complete these tasks.
- All financing will be provided by the Nation of Israel under favorable but undisclosed terms.
- As a condition of this financing, Zion Oil and Gas is happy to announce that the Israeli Petroleum Commissioner has accepted a seat on the Board of Directors for Zion Oil and Gas.

Shalom

[green dolphin]

Yes Captn!! Testing has been going on for long enough that a test result could be put out any day now! When I think about the shareholders meeting planned for this Tuesday, I think the odds for news coming out before then are pretty high. Combined with the $5 Rights price, I think Zion thought the test results were going to be out before then too and were just off a couple weeks. But that's OK - better safe and thorough. But most of all, I am encouraged by the last PR that John Brown mentioned the scripture in, and told us that Zion has something going on that is worth shouting about and giving God the credit. Now that IS encouraging!!!

ZN $$$$$$$$