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Zion Oil and Gas Inc V.ZN


Primary Symbol: ZNOG

Zion Oil & Gas, Inc. is an oil and gas exploration company. The Company holds replacement license for New Megiddo License 428 (NML 428), which lies onshore, south, and west of the Sea of Galilee. Its wholly owned subsidiaries include Zion Drilling, Inc., which is focused on owning a drilling rig, related equipment and spare parts, and Zion Drilling Services, Inc., which acts as the contractor providing drilling services. The Company has not generated any revenues.


OTCQB:ZNOG - Post by User

Comment by GenHandgrenadeon Apr 23, 2012 4:17pm
265 Views
Post# 19825776

RE: RE: RE: RE: RE: How low will this go?

RE: RE: RE: RE: RE: How low will this go?

I don't know. To little to late maybe. They would probably have to aquire another property only to drop it later. I don't know why these guys aren't putting the money into exploring and drilling the zinc prospects. Money seems to go into admin mostly from my read of the financials. When this hits .01 or .005 I will consider averaging down.

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