Zion Oil & Gas’ management is “optimistically enthusiastic” about the impending drilling results of the Megiddo‑Jezreel #1 (MJ#1) well onshore Israel, CEO Victor G. Carillo said recently. The well was at an approximate depth of 15,193 ft at the time of the comment and was expected to reach a total depth of 16,733 ft. Final wireline logs were being run and lower casing was being set. The company was making final decisions about the well testing program, which is expected to take place in late March or April.
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