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Zion Oil and Gas Inc 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

Post by Biofinderon Nov 12, 2021 2:12pm
187 Views
Post# 34120827

Let’s see what happens next...

Let’s see what happens next...November 11, 2021

Update: MJ02 In Israel

 

Dear Zion Supporters and Shareholders,

Thank you for your patience and perseverance.

Active drilling of the Megiddo-Jezreel #2 (MJ02) project continues unimpeded. We are making progress toward drilling to total depth what will soon be, by God's grace, a significantly deeper well than the MJ#1 well.

We are currently in the fourth and final section of well. This section contains multiple areas of potential interest. All necessary well testing equipment is now on location, and the testing crew's visas have been approved and issued by the authorities. The testing program has been submitted to the regulatory body and should commence in this quarter.

We are in continuous dialog with Israel's Energy Ministry concerning the timeline for testing, and based on the testing, completion of the MJ02 well.

We are continually thankful for our loyal shareholders and supporters. We will provide material updates when we have relevant information to share with the public.

Sincerely,

Rob Dunn
CEO

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