Comments on: Zion Logs the Ma’anit Rehoboth #2

By: Lyndon

Lyndon — Fri, 18 Sep 2009 22:04:59 +0000

From the Sept. 18th 2009 update, despite drilling another almost 500 feet since last week, it wasn’t clear whether they hit or penetrated the Permian strata. Any opinion on the matter?

By: Lyndon

Lyndon — Fri, 18 Sep 2009 22:02:25 +0000

Where exactly is the Elijah #3 well going to be relative to the Maanit-Rehoboth well?

By: Rainman19

Rainman19 — Sat, 05 Sep 2009 09:38:18 +0000

Half the fun of investing is “reading between the lines.” As the company drills on, the feeling is that they’re through the Triassic and into the cap rock. (The cap rock could be 400ft thick.) All information suggests that the cap is extremely hard shale/dolomite and drilling will be slow. Interesting to note that they logged, but didn’t case the last 500m indicating that they aren’t worried about “stuck tools” in this part of the well. The hope is that they’ll be through the cap rock and into the Permian pay zone soon. jmho