Replies to post #47629 on Zion Oil & Gas Inc (ZNOG)

[KyOil]

that is the $1M question mrbojangle!

Typically, a well is not completed in order to be tested, but completed only after tests prove completion is worth it.

Completion involves activities like setting the production pipes down hole and setting the xmas tree on the surface. Here is one reference on completion steps:
https://www.rigzone.com/training/insight.asp?insight_id=326#:~:text=Well%20completion%20incorporates%20the%20steps,and%20installing%20a%20production%20tree.

Notice that setting casing can be part of completion, but only for the deepest zone which is the target zone. The intermediate zones are cased during drilling so that the hole does not cave in, or fluids come into the hole, or mud leave the hole. So, intermediate casing is not part of completion. And casing the target zone is usually done, but is not in the case of "open hole" completion. MJ02 was not an open hole completion, but a closed completion with "liners" which is a specific form of casing.

So, MJ02 is being completed with liners and a xmas tree. This would not have been done unless tests prior to the liners and tree being installed indicated that oil/gas would flow. Therefore, my hypothesis is that the well is being completed for dual purposes:
1) to aid in reservoir testing (size) where there are longer flow periods and shut-in periods than in well testing, and
2) production.

If my hypothesis is correct, then Zion is not planning on making an announcement until the reservoir is sized and they skipped the announcement of MJ02 flowed at x BOPD.