Replies to post #32827 on Zion Oil & Gas Inc (ZNOG)

[Prophetic Watchman]

thats why they capped it cowboyee.

its a NON PRODUCER

they dont cap producing wells.

[DragonBear]

MJ#1 is not a dry hole-wrong

Straight from the Schlumberger of oil glossy terms:

dry hole

1. n. [Drilling]
A wellbore that has not encountered hydrocarbons in economically producible quantities. Most wells contain salt water in some zones. In addition, the wellbore usually encounters small amounts of crude oil and natural gas.

MJ1 was plugged. Because it was a dry hole.