Replies to post #21208 on Zion Oil & Gas Inc (ZNOG)

[JRyan]

Possible Reserves?

No where near the Billion BBLs this board has been pushing./quote]


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Well this one was ignored by some. In 2004 it was at least possible to some. No one knows but one thing is for sure. He can do anything!

There could be a reservoir of 980 million barrels of oil at the Meged-4 well northeast of Kfar Sava, exploration company Givot Olam said yesterday, reporting geological findings to the Tel Aviv Stock Exchange

Givot Olam Reports $6 Billion Oil Reservoir Near Kfar Sava
There could be a reservoir of 980 million barrels of oil at the Meged-4 well northeast of Kfar Sava, exploration company Givot Olam said yesterday, reporting geological findings to the Tel Aviv Stock Exchange.

Amiram Cohen
May 05, 2004 12:00 AM

There are others, we really just do not know. Here are a few that speak of the potential energy in the area. NatGas has already been found, and there were many doubters there also. FACT



Will Israel Win the Energy Prize in the Levant Basin?

Levant Basin Holds Massive Energy Potential

Assessment of Undiscovered Oil and Gas Resources of the Levant Basin Province, Eastern Mediterranean - U.S. Geological Survey estimated a mean of 1.7 billion barrels of recoverable oil and a mean of 122 trillion cubic feet of recoverable gas in the Levant Basin Province using a geology based assessment methodology.

Seems there are other opinions out there for a subjective view no?