Replies to post #44319 on Zion Oil & Gas Inc (ZNOG)

[J777S]

Cowboyeeee can we repost this in response every time, as married50 put it, the straw man goes off?

Facts matter. Context and perspective matter.

In context, in light of recent events you related, and in light of recent letter, I would say we are approaching the glory days of ZION.

I would say. My money would say.

But we shall see.

All things considered I also suspect the timing on this well will coincide with a few other things breaking loose worldwide.

This last bit of information puts us weeks, maybe months away from a change of the daily reality.

Which is similar perhaps to some major news coming that will affect just about everything.

I see ZION being in tune with that wave.

Those who wait on the....will mount up on eagles wings....

Stay strong and long people....be strong.

[WebSlinger]

<< Zion found the estimated flow rate of 90 to 120 barrels using third party petrophysical analysis >>

Please post a link for this.

[TWISTED CHRISTIAN]

Zion found 90-120 barrels of light oil?

From MJ#01, Zion found the estimated flow rate of 90 to 120 barrels using third party petrophysical analysis, if my memory serves me correctly. They had light oil (the best) in the hole plus gas plus high heat.

So by my math, and according to your estimates, 120 barrels a day X $80p/barrel of (the best) oil is not commercial? 120 X 80 X 365 = $3,504,000 dollars per year in revenue.

Can you tell me what is needed for a commercial find? You do know that "high heat" is actually terrible for oil. Why oil is not found at deep depths.

[TWISTED CHRISTIAN]

Can you post a picture of what 'light oil'(the good stuff) looks like? How does that compare with the 'dark crude' in the reservoir of the Zion Oil drill site that was taken by satellite imagery?

[TWISTED CHRISTIAN]

Talk is cheap....most is worthless.

[WebSlinger]

<< Zion found the estimated flow rate of 90 to 120 barrels using third party petrophysical analysis >>

OK, I found the reference. It says that they found "FLUID" flowing at that rate. It wasn't pure oil.

"the data confirms the well artificially flows at a rate of approximately 90-110 barrels of fluid per day in the zone between 16,415 and 16,500 ft. We are still swabbing completion fluid as of this writing and the results of the well are inconclusive at this point as to whether the well will establish natural flow and what the volumetric contribution of oil and water will be."

As a matter of fact, it says that there were only "minor amounts of oil" in the fluid:

" Upon circulation of the acid out of the wellbore, minor amounts of oil were observed while taking small samples of the fluid being circulated out of the wellbore."

https://www.zionoil.com/updates/zion-oil-gas-confirms-active-petroleum-system-in-megiddo-jezreel-1-well-in-israel/