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tisdal

08/07/18 12:58 PM

#24850 RE: KyOil #24834

Risk Factor of close to nil

One must remember that Israel uses 250,000 barrels of oil a day. 100,000 barrels a day go to the IDF. That makes this a national security issue. Israel will move heaven and earth to secure their oil supply for the IDF.

This is why I believe that Israel will build out, secure, and own the mid-stream. Israeli national security trumps over all regulations and red-tape. Once it starts, I would expect the mid-stream will be established extremely fast.

"Move aside Levi, Pipeline coming through!"

ratbike1000r

08/07/18 1:13 PM

#24853 RE: KyOil #24834

I agree, very little risk on factor #3

geopressure

08/07/18 1:27 PM

#24854 RE: KyOil #24834

The biggest risk factor is that the well is not commercial...

g8rfan

08/07/18 1:41 PM

#24856 RE: KyOil #24834

Ky, Should SEC compliance be included within "Regulatory Approval Risk Factor"??