Zion Oil & Gas Nears First Drilling Milestone in Megiddo-Jezreel #2 (MJ-02) Well in Israel
Retrieved on:
Monday, February 1, 2021
"The investment in a drilling rig capable of handling this wellbore schematic puts Zion in a much better position to meet its drilling objectives than ever before."
Key Points:
- "The investment in a drilling rig capable of handling this wellbore schematic puts Zion in a much better position to meet its drilling objectives than ever before."
- The drilling crew will complete a set of downhole measurements (wireline logging) before running the first section of the casing.
- "To accomplish our 2021 exploration plans, we still need investor support in Zion," stated Zion Founder and Chairman, John Brown.
- Zion Oil & Gas, a public company, traded on OTCQX Best Market, explores for oil and gas onshore in Israel on their 99,000-acre Megiddo-Jezreel license area.