Replies to post #49633 on Zion Oil & Gas Inc (ZNOG)

[tisdal]

KyOil, OMG, Monty Kness I'm not worthy!

What a set of events. We are blessed to even have this well at depth, let alone, with Feasibility Studies saying it has the potential to produce from 4 different zones of interest. This ranks right up there with Mr. Guinn's "drilling with a spaghetti noodle" statement for MJ01.

Several hundred meters of shale formation. One company has been on the well for almost two years trying to solve the same formation issue. Casing while drilling technology. Broken torque ring forcing the effort to be repeated. This is an incredible piece of work where his hands were blessed to complete the job.

I do agree, they have a communication problem. A problem communicating the positive side of what they have accomplished and how unbelievably difficult it was to complete.

That we have four zones of interest analyzed by an intensive Feasibility Study where it was unanimously agreed upon that the well has the potential to produce.

Now maybe we can understand the statements of Mr. Brown; "Wait just a little while longer".

[Moses1492]

Agree 100%. All those advisors & noone knows how to craft an early PR message to guide expectations? ZN's handling of ASM was horrid (even without JBs statement) and destroyed their pps & shot themselves in the foot considering ongoing DSPP.

KyOil it seems pretty obvious to me now, while hoping for the best that MJ2 will be a producer, if not, their application to continue to explore is just that - an extension of lease to protect interests and keep trying.... not looking promising

You test from bottom up I would assume so they have early results