Post by Ethan / JRyan on Aug 9, 2019 19:41:15 GMT -5
Agreement Signed to Begin 3-D Seismic Acquisition in Israel
- Mobilization of seismic equipment to Israel started
- Will be largest high-density land 3-D seismic in Israel
We have signed an agreement for geophysical acquisition services with our contractor, Acoustic Geophysical Services KFT (“AGS”), an international seismic company based in Budapest, Hungary.
We estimate that the ships carrying the trucks and equipment will arrive by the end of August. Barring any unforeseen circumstances, we also expect the equipment to be on location within the first few weeks of September.
We are pleased with our progress on this important 3-D survey, which we believe will be the largest high-density land 3-D acquired to date in Israel.
AGREEMENTS AND UPDATE ON 3-D SEISMIC PROJECT
In addition to the signed AGS agreement and expected equipment arrival, we are pleased to report the following progress:
The Ministry of Transport formally approved our importation of seismic source vehicles effective August 2, 2019.
The landowner permitting process continues unabated and is expected to be completed by the first week of September.
We are grateful to our dedicated shareholders and the nation of Israel for the opportunity to become true pioneers with this 3-D program, and we acknowledge the hard work of Zion’s team in Israel for their tremendous effort and professionally navigating the logistical challenges.
Zion Oil & Gas, a public company traded on the Nasdaq Stock Market (ZN), explores for oil and gas onshore in Israel on their 99,000-acre Megiddo-Jezreel license area.
Agreement Signed to Begin 3-D Seismic Acquisition in Israel
August 9, 2019Zion Oil & Gas, Inc. No Comments Blogs, Exploration Updates, News, Operations, Updates
Agreement Signed to Begin 3-D Seismic Acquisition in Israel
– Mobilization of seismic equipment to Israel started
– Will be largest high-density land 3-D seismic in Israel
We have signed an agreement for geophysical acquisition services with our contractor, Acoustic Geophysical Services KFT (“AGS”), an international seismic company based in Budapest, Hungary.
We estimate that the ships carrying the trucks and equipment will arrive by the end of August. Barring any unforeseen circumstances, we also expect the equipment to be on location within the first few weeks of September.
We are pleased with our progress on this important 3-D survey, which we believe will be the largest high-density land 3-D acquired to date in Israel.
AGREEMENTS AND UPDATE ON 3-D SEISMIC PROJECT
In addition to the signed AGS agreement and expected equipment arrival, we are pleased to report the following progress:
The Ministry of Transport formally approved our importation of seismic source vehicles effective August 2, 2019.
The landowner permitting process continues unabated and is expected to be completed by the first week of September.
We are grateful to our dedicated shareholders and the nation of Israel for the opportunity to become true pioneers with this 3-D program, and we acknowledge the hard work of Zion’s team in Israel for their tremendous effort and professionally navigating the logistical challenges.
Zion Oil & Gas, a public company traded on the Nasdaq Stock Market (ZN), explores for oil and gas onshore in Israel on their 99,000-acre Megiddo-Jezreel license area.
“The Lord Himself goes before you and will be with you; He will never leave you nor forsake you. Do not be afraid; do not be discouraged.”Deuteronomy 31:8
“Sing to the Lord, for he has done glorious things; let this be known to all the world. Shout aloud and sing for joy, people of Zion, for great is the Holy One of Israel among you.”Isaiah 12:5-6
- Will be largest high-density land 3-D seismic in Israel
We have signed an agreement for geophysical acquisition services with our contractor, Acoustic Geophysical Services KFT (“AGS”), an international seismic company based in Budapest, Hungary.
We estimate that the ships carrying the trucks and equipment will arrive by the end of August. Barring any unforeseen circumstances, we also expect the equipment to be on location within the first few weeks of September.
We are pleased with our progress on this important 3-D survey, which we believe will be the largest high-density land 3-D acquired to date in Israel.
AGREEMENTS AND UPDATE ON 3-D SEISMIC PROJECT
In addition to the signed AGS agreement and expected equipment arrival, we are pleased to report the following progress:
The Ministry of Transport formally approved our importation of seismic source vehicles effective August 2, 2019.
The landowner permitting process continues unabated and is expected to be completed by the first week of September.
We are grateful to our dedicated shareholders and the nation of Israel for the opportunity to become true pioneers with this 3-D program, and we acknowledge the hard work of Zion’s team in Israel for their tremendous effort and professionally navigating the logistical challenges.
Zion Oil & Gas, a public company traded on the Nasdaq Stock Market (ZN), explores for oil and gas onshore in Israel on their 99,000-acre Megiddo-Jezreel license area.
Agreement Signed to Begin 3-D Seismic Acquisition in Israel
August 9, 2019Zion Oil & Gas, Inc. No Comments Blogs, Exploration Updates, News, Operations, Updates
Agreement Signed to Begin 3-D Seismic Acquisition in Israel
– Mobilization of seismic equipment to Israel started
– Will be largest high-density land 3-D seismic in Israel
We have signed an agreement for geophysical acquisition services with our contractor, Acoustic Geophysical Services KFT (“AGS”), an international seismic company based in Budapest, Hungary.
We estimate that the ships carrying the trucks and equipment will arrive by the end of August. Barring any unforeseen circumstances, we also expect the equipment to be on location within the first few weeks of September.
We are pleased with our progress on this important 3-D survey, which we believe will be the largest high-density land 3-D acquired to date in Israel.
AGREEMENTS AND UPDATE ON 3-D SEISMIC PROJECT
In addition to the signed AGS agreement and expected equipment arrival, we are pleased to report the following progress:
The Ministry of Transport formally approved our importation of seismic source vehicles effective August 2, 2019.
The landowner permitting process continues unabated and is expected to be completed by the first week of September.
We are grateful to our dedicated shareholders and the nation of Israel for the opportunity to become true pioneers with this 3-D program, and we acknowledge the hard work of Zion’s team in Israel for their tremendous effort and professionally navigating the logistical challenges.
Zion Oil & Gas, a public company traded on the Nasdaq Stock Market (ZN), explores for oil and gas onshore in Israel on their 99,000-acre Megiddo-Jezreel license area.
“The Lord Himself goes before you and will be with you; He will never leave you nor forsake you. Do not be afraid; do not be discouraged.”Deuteronomy 31:8
“Sing to the Lord, for he has done glorious things; let this be known to all the world. Shout aloud and sing for joy, people of Zion, for great is the Holy One of Israel among you.”Isaiah 12:5-6