Replies to post #48226 on Zion Oil & Gas Inc (ZNOG)

[tisdal]

lishious, 40BillionBarrels would be amazing; ~$4000.00 per share.

That would be a low estimate according to the two PPS Spreadsheets we have out there.

For WiseYoda and the Reverend, that would put them at:
100,000 shares x $4000.00 per share = $400,000,000
They would become 1/2 billionaires overnight. Lifestyles of the rich and famous :-)

$1,000 per share would make all of us very happy. Heck $100 per share would make us happy.

[JRyan]

Wow, I hope your joking. That is way too large but I guess anything is possible but you would have to have 50-100 wells. I think we need to look at perspective, Ghawar was 100 Billion Barrels.

The largest field ever found. I think the Permian is somewhere around 70 billion but it is like Ghawar, depleting.






It could be large but it would take multiple wells to determine this. < 1 Billion is what I am thinking by the time there are 5 wells. IF the oil is there.