Porgie, you seem to be living in a reality distortion zone. ZN stated in the first sentence of the PR that they are encouraged by the testing results. Just need to run a production packer which is very common to isolate the oil zone.
Your statement is false. "The fact that ZNOG can't find oil lies completely with ZNOG itself."
You mentioned the shorting of the stock. Shorting of the stock has nothing to do with whether Zion found oil. Anyone can short a stock for any reason. Whether the company is successfully doing their job has nothing to do with whether or not someone who wants to bankrupt the company will try to make the stock plummet by shorting it. Seems simple to me. 2 different things.