Zion Oil and Gas is steadily moving forward with operational plans in anticipation of the new license being granted very soon. The company’s most recent updates have alluded to its intentions of re-entering the MJ-1 well.
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Zion Oil and Gas reports encouraging test results at its Megiddo-Jezreel-2 (MJ-02) well, onshore Israel. Following the annual operational hiatus for the next few weeks of Jewish holidays, Zion plans to begin operations to install the packer and test the flow rate of its primary zone.