Replies to post #44460 on Zion Oil & Gas Inc (ZNOG)

[WebSlinger]

<< We encountered oil at a depth of between 16,415 ft and 16,500 ft during drilling operations, when we circulated bottoms up. The oil was separated and tested internally and externally through our mudlogging company’s chromatograph, indicating “Light Oil” based on the chemical composition of the analyzed stream. >>

They said it was "indicating" light oil. That doesn't mean it is light oil. It is just another forward-looking expression that provides hope to the masses.

My understanding is that they never updated what they actually found, which is not good news