Just a point, Givot found commercial oil in the meged field, southwest of MJ1. Yes, they STILL have a commercial license, you know the 30 year one I think. The Golan, it has it as well, but not practical to get. Mj1 is an area that has the same formations that is providing the oil of Syria, yet that is conventional oil.
Point is , it's there, but to your point maybe not commercial. That was said of the Bakkan as well...
We shall see. We even know it's light sweet crude, just like the Bakkan.
Interesting times for sure.
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