Post by Ethan / JRyan on Nov 11, 2021 17:34:09 GMT -5
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.