Here is my first update to you, in 2010, so:
May 2010 bring you health, happiness and success.
All of us share the same deep desire to achieve success with our goal to find oil and gas onshore Israel.
The past week has been most eventful, as every day revealed itself. Here are just some of the events:
The Ma’anit-Rehoboth #2 Well
We drilled the Ma’anit-Rehoboth #2 well to a depth of 17,913 feet (5,460 meters).
The Ma’anit-Rehoboth #2 Well
We drilled the Ma’anit-Rehoboth #2 well to a depth of 17,913 feet (5,460 meters) and the proposed completion procedures planned for this well have now been reviewed and agreed.
The Ma’anit-Rehoboth #2 Well
In previous weeks, I have summarized the situation regarding this well.
Drilling Operations on the Elijah #3 Well
Zion’s Asher-Menashe license area is along the Israeli coastal plain and on the Mount Carmel range, between Caesarea and Haifa. The Elijah #3 well site is situated approximately 12 miles north of Caesarea, just off Road 4.
Operations on the Ma’anit-Rehoboth #2 Well
As I have mentioned previously, we drilled the Ma’anit-Rehoboth #2 well to a depth of 17,913 feet (5,460 meters), and on October 2, 2009 released the drilling rig for use on the Elijah #3 well and temporarily suspended operations on the Ma’anit-Rehoboth #2 well, until a smaller rig becomes available for completion operations on the seven zones that warrant completion testing.
Operations on the Ma’anit-Rehoboth #2 Well
Zion submits periodic reports to Israel’s Petroleum and Mining Commissioner, Dr. Yaakov Mimran. In our most recent report on our Joseph license, submitted this week, we noted that:
Operations on the Ma’anit-Rehoboth #2 Well
In last week’s update (dated September 25, 2009) I wrote:
