Replies to post #50421 on Zion Oil & Gas Inc (ZNOG)

[docvienna]

What is NPV? Net production volume?

[Djbradles]

Thank you for that concise run down of operations both past, present, and future KyOil!

[alancg]

Good rundown. Is there a part of DST that would necessarily produce enough oil to require a tanker truck or two to take it away from the drill site? Just wondering if that sort of evidence is something we should expect to see or maybe it’s already happened.. at night perhaps?

[tisdal]

KyOil, have a question.

If this is true:

KyOil speculates it will be a commercial announcement of modest size, and with additional potential in the 3D area specifically, and in the license area generally.

Then why bring on a field developer like Mr. Star. I remember a while back, just prior to MJ01 completion, we brought on a Director with Mid-Stream build out expertise.

I guess it would depend on our definition of "modest". How large is large enough to justify seeking an experienced field developer like Mr. Starr.

I do have to admit that if you want to demonstrate to the Israeli Authorities how serious you are about developing this field, bringing on Mr. Starr should demonstrate Zion's intent to do this right.

[goldbug7]

Kyoil, kudos to you for an encouraging post. Here have been my thoughts for a while now. Months ago I posted on the number of our well (6) and what numbers mean. Six is the number of sin and the number of man. Seven is the number of completion and eight is the number of a new beginning. The only question I ever had would He use these numbers when drilling for oil in Israel. I didn’t look for this well to be the gusher we all hoped for, but I thought we would be able once we reached total depth to drill on an angle or even horizontal to those sweet spots 3D had shown, and if successful then that would be the seventh hole even though the oil would come up the sixth bore hole. I’m not aware that ever happened since they rarely communicate what’s going on. So I hoped at the very least, this well would point to a place to drill #7 and # 8 which would complete our search for oil in Israel. I wanted to encourage investors not to sell their shares right before our success. Your post and some other’s comments have done what I don’t think I would have accomplished with my post. Seeing that our new man has done horizontal drilling gives me hope that he’s willing to try whatever it takes. Either way we should all hang in there at least until Sept. 30 th .