Replies to post #18328 on Zion Oil & Gas Inc (ZNOG)

[Captnstarstripe]

So ZN is testing 2 zones at the same time and this basically puts them on the same track time table as if they were testing zones independent of each other. The PR seemed enthusiastic about these 2 zones as well. All good in my opinion!

[mrbojangle]

The verse is very timely my friend!

Some traders who are participants on this board have expressed a lot of frustration with the progress made over the last 2 weeks and with the information provided in the PR.

While I feel bad for those who'd bought May & July calls, this is not a good stock to trade near term options. ZN is a wildcat exploration company drilling in unknown territory. I've worked in engineering for over 30 years and I can tell you that the best planned projects NEVER go exactly as planned (I'm sure JRyan can attest to this). This well, being drilled in unknown geology is no different. Do not be angry that Zion ran into an unanticipated problem as the testing progressed. This is how things go. Expect it. And my advice would be to take whatever timeline is anticipated for Zion's progress with this well and add 25%. And pray for the continued integrity of the well.