Zion Oil & Gas encounters oil during open hole wireline logging
Zion Oil & Gas announces that during the current open hole wireline logging and subsequent reaming operations, Zion encountered free-flowing hydrocarbons while circulating drilling mud. Zion Chief Operations Officer Dustin Guinn, provided further understanding of recent events, stating, "We were cautiously optimistic given the amount of gas that accumulated in the well after returning from Shabbat after calling total depth at 5,026 meters. After making our first of three open hole logging runs, we decided to ream to bottom to clean the hole out in anticipation of our second logging run. After circulating the well, we experienced a continued and significant increase in gas followed by clear evidence of oil in our circulated mud from the bottom of the well. This is obviously very exciting news and as a result, we have decided to continue to drill up to another 70 meters. We expect that to take a couple of days, and barring any operational difficulties, we will continue with our open hole logs immediately thereafter."