Replies to post #38979 on Zion Oil & Gas Inc (ZNOG)

[DragonBear]

A drill down on the graphic in the link you posted shows Israel and Lebanon are on the African "Plate".

Along with folds within a plate, and faults within the folds. Israel, and Lebanon, ended up in a fold essentially in between two plates. Might as well throw in Jordan also getting screwed by divine providence or sumpthin. With Syria only marginally better.

So there is no inference to be made that Israel has onshore oil just because it's neighbors do.

There's this concept the whole ME is just floating on oil. Well, it doesn't. Then comes the "leap of faith" since the East Med may have oil, that means there must be oil onshore. No it means the geological history of the East Med doesn't match the history of the dry land. Transitive properties just don't work with geology. Just because there are large oil fields in the Gulf of Mexico, some offshore from Georgia, doesn't mean Atlanta is floating on oil, or by continuing transitive imagination, Nashville Tenn is also floating on oil. The geology is different.

[IRisky]

Porgie, Bear, thank you for making my point.

The Permian Basin (Texas) is North and Inland (on shore) and contains a Major Oil Source. And this is a fact of not only history, but is still true today.

And back to my statement made so many years ago. The Permian Basin shows a configuration much like Israel.
This is a great map and explanation.
https://www.britannica.com/place/Permian-Basin

Please see Israel's similarities bordering the Mediterranean.
https://www.answers.com/Q/What_is_the_lowest_point_in_Israel

It's just a matter of time before ZION hits a major Oil discovery. The new rig will help in their search.
And thank you for reaffirming my beliefs that Israel is on track for this discovery.

Per Bear: Transitive properties just don't work with geology. Just because there are large oil fields in the Gulf of Mexico, some offshore from Georgia, doesn't mean Atlanta is floating on oil, or by continuing transitive imagination, Nashville Tenn is also floating on oil. The geology is different.

Bear...It sure looks like the indicators point at Oil onshore near the Leviathan.

I would like to see your facts with proof (other than sheer speculation and blind comments) that Israel will never produce Oil as you are always stating.

Have a great day !!!