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Wish this update would have given us a date but sadly it was not to be. However the new date for investing was telling. End of the first quarter, as expected!
So glad you are back! Hopefully, you'll stick around for a while so you can honor us with your vast levels of wisdom.
Cash raise underway. Moving forward.
Just dropping in on the Board to say, hi. Hi!
I still haven't sold one share but I haven't bought more either.
The discussions are basically the same here, I see.
I'm right...no, I'm right and you're wrong. No, I'm right and everybody is wrong.
In the meantime, after all these many years, the excuses, reasons, etcetera...
We STILL have no oil.
Be blessed
<< Having ZN hit Oil or Gas or Both... is not really a big miracle to Him. >>
So God told you that he is going to let ZNOG find oil?
God did not tell me anything - God does "EXPECT" us to do things for Israel - They are His Chosen People - Genesis 12:3 - And this is one of the many things that I contribute to for Israel
If so, you might want to change the channel....
I like this Channel... been on it for years. Ok...Serious for just a minute - I looked up a bunch of my friends - Frat Brothers - Family - Whoever I could find
Made a list of those that regularly attend Church - donate their time to Good Organizations - They basically are believers and show their faith.
All the friends that I have that are "Believers" and practice their faith are just so much more successful. So many fewer problems in their lives.. Just saying
And yes....there are exceptions to the Rule, but I really don't know any of those. And God uses all kinds of People - Like Pharoah (Exodus 9:12)..
<< what I care about is MY Faith and not Yours..... >>
Whatever happened to the Great Commission? Or is it just all about you?
I have already shared my Faith with you - explained it to you on numerous occasions before on this Board.
My Job is to show you the Faith - God's job to water your faith. (And some seed was devoured by the Birds Mark 4:4 )
There .... did it again.
WebS.... I would love to debate with you all night but I have a busy day tomorrow.
You take care Bud. Be humble and don't stumble.
Good night .... Pray for ZION
<< Is it possible that you have several accounts ....under different names....and you are a DUMPER and BUY kinda guy ?? >>
Comments like that make you look stupid.
I've seen it done. 3 locations .... 3 different Laptops....... 3 different IP's with MAC addresses. 3 different email accounts. (lotta trouble for little gain)
You can also do it with Proxy Servers.
Now you look stupid.
But I like you anyway. You are the only one on here that regularly posts -
thank you for taking the time to ping pong back and forth with me.
<< Having ZN hit Oil or Gas or Both... is not really a big miracle to Him. >>
So God told you that he is going to let ZNOG find oil?
If so, you might want to change the channel....
<< what I care about is MY Faith and not Yours..... >>
Whatever happened to the Great Commission? Or is it just all about you?
<< Is it possible that you have several accounts ....under different names....and you are a DUMPER and BUY kinda guy ?? >>
Comments like that make you look stupid.
First, iHub doesn't allow multiple accounts, and they track that sort of thing.
Second, almost nobody shorts penny stocks, and it is ridiculous to even bring it up. Most brokerages don't even allow it, and the ones that do have hefty "borrow" fees (like $2.50 / per share). Nobody is going to put up $2.50 for a share worth 6 cents.
And what do all your links and information have to do with ZN ? Nothing.....
ZN has already been investigated by the Trade Commission and everybody else and what did they find......Nothing.
And we all knew COVID was a SCAM..... We just didn't tell you.
Come up with some better angles .....this is too easy.
Is it possible that you have several accounts ....under different names....and you are a DUMPER and BUY kinda guy ??
He's looking out for us. Remember the Good Samaritan and the Hurt Guy on the side of the Road ???
He's trying to warn us that there is a Bridge OUT so we do not RUNNOFT IT .....
Herein lies the Rub....Sir
I have a God that provides miracles .... and big miracles at that.
My God parted the Red Sea... Freed Israel from Captivity......brought dead Men back to life (you should see this place at 5pm) Calmed a Stormy Sea....and the list goes on and on.
Having ZN hit Oil or Gas or Both... is not really a big miracle to Him. Snap of the fingers so to speak.
He created the Heavens in a day. No small miracle there.
Again... it's a Faith Thing. I have a God that provides these kinds of things.
And considering that He has blessed Israel with just about EVERYTHING else ..... Gas.....Technology.....Agriculture .....and the list goes on.
I just don't see him withholding Oil from Israel.
So that being said... Do you live in the Physical and Carnal World? And when it does not go your way or it does not seem to look like it is going your way..... do you tend to lash out at anything and everyone that is associated?
And when it comes to Faith, do you have your own of something ?
I just don't know and I refuse to label or judge anyone. Not my job.
Are you an Antitheist or non believer. I don't know....
HA HA.....you might be an AI BOT conversing in an attempt to gas light or trigger.
But what I care about is MY Faith and not Yours..... and how my Faith can get me closer to Him.
And if this small thing that I do supporting ZN in their endeavor is my way.... I am happy to do so.
Have a great day Boss....keep up the good work.
oh.... on the AI BOT subject.... are AI BOTS written in machine language or just straight to C Sharp ???
<< That would be "just my luck." Sell all my shares beause it's been two decades, just to watch something happen to pushes the share price to $1.00. At this point, I am willing to wait another decade or so but thanks for the "heads up!" >>
I totally understand that sentiment.
There's the proof!
So I and others who have been around a while should sell all their shares becasue it's been two decades. That would be "just my luck." Sell all my shares beause it's been two decades, just to watch something happen to pushes the share price to $1.00. At this point, I am willing to wait another decade or so but thanks for the "heads up!"
I couldn't agree more about the "prosperty" churches but so far you have not answered my challange and you will not be able to do so. Placing strawmen, like "prosperty" churches does'nt cut it.
If you think the first time investor is not looking into what they are purchasing then you are just like our current leadership, thinking you are smarter than the “average” person. It’s doubtful anyone would invest in this company other than because of the Bible versus and other statements that are put out there, investors of Zion are either due to an act of faith or a short that is manipulating the stock. With that said, only the “short” really has anything to lose in the long run, so who is actually the smart one?
<< It's the rah-rah pumpers that don't like their scams being exposed and want to squash debate. >>
Exactly. That is true on almost every iHub board.
One example is the ARYC board. I was on that board battling the rah rah pumpers almost every day for a long time. They made all sorts of claims about how great the company was. Executives from the company were finally indicted and the President was just sent to prison earlier this year to 8 years.
https://www.sec.gov/files/litigation/complaints/2021/comp25029.pdf
https://www.justice.gov/usao-ndca/pr/silicon-valley-executive-sentenced-defrauding-investors-and-participating-covid-19-and
One of the rah rah pumpers was charged with conducting a fraudulent pump-and-dump scheme and sentenced to 4 months.
https://www.sec.gov/litigation/litreleases/lr-24832
https://pressbanner.com/scotts-valley-man-gets-4-month-sentence-for-fraud/
<< We all know / knew / calculated the risks..... >>
"We all"?
More like a minority understand the risks. There are plenty that have no idea what they have invested in.
The vast majority have probably bought into this stock because it has quoted a few Bible verses.
<< it's a faith thing my man. >>
Placing faith in a company (ZNOG) or a person (Brown) is not a smart thing to do, especially after more than two decades of failure.
Oh the irony!
Agree 100% narrative pumping should be fully analyzed.
Questions should be made and researched as deeply as is possible.
Rah Rah pumping, as you describe, on a massive scale should be broken down fully with why questions coming at the narrative from all angles and resources. Not just from the collective source producing the mass narrative.
Apply this truth you posted to all things.
Absolutely!!
ZNOG is odd because of the "faith" aspect. No doubt it looks foolish to be investing at this point, all things considered.
But, yes so many rah rah narratives can and should be broken down to reveal their very core essence.
Let's see what happens. 24 is going be an event full year.
i dunno.... i have adhered to Biblical Rules most of my life and I have been substantially prosperous. I can't complain
Homebrew.... it's a faith thing my man.... Genesis 12:3
I look back at all the things that I have done and the majority of them did not POP right off the bat. Some I have waited YEARS for, but finally.
it's like you have to wait so long for the BIG ONES to happen. But everything I have done ....has prospered.
Wait....there was one that really flopped. but I still have hope for it ....maybe.....some day.
but I bet you want ZN to hit just as bad as i do......
But they found a few quarts of "fluid" several years ago...LOL 😂🤣😅
Shameless Affinity-Scam, and their deluded cult members.
Zion, like the televangelist scammers, especially the "prosperity" scams.
It's the rah-rah pumpers that don't like their scams being exposed and want to squash debate.
We all know / knew / calculated the risks.....
Some buy House and Car Insurance .......just in case. It's all a gamble
It's not over till it's over and right now....it's not over.
And ZN is a gamble but What if ?...... Cast your Google Search to Leviathan gas field -- Levantine basin, a rich hydrocarbon area in one of the largest offshore natural gas field finds. Wikipedia https://en.wikipedia.org/wiki/Leviathan_gas_field (Bruce ..... notice I put a link in just for you)
What goes with Oil ? Natural Gas ??? Leviathan !!!!
Why did Israeli Oil Minister grant an extension ? Does he know something ?
have a great day
ZNOG has spent almost $285 MILLION (over $1/4 BILLION) of investor's money over the past few decades and as far as I know they haven't had even $1 in revenue so far. And a large part of that money goes into the pockets of their many "executives".
In addition, they continue to dilute shares every year.
The vast majority of shareholders are underwater. Anyone that invests in this will likely end up the same way.
You are here to discuss the Stock ???? So tell us why you continually BASH the Stock.
The Longs tend to discuss the stock....ie "When - Where - How many"....
Look at your last posts.....all Bashing....
Repair Men, Bankers, Doctors, Dentists ...... BE HERE AT 10:AM SHARP !!!!!
And then you sit there for 90 minutes listening to their lame second hand Elevator Music while people that are are really sick cough all over you.
HA HA HA ...... Sarcasm at it 's finest !!!!
Everybody look at this..... This is why EV's will go away.....AGAIN ....
https://media.gab.com/system/media_attachments/files/159/465/502/playable/d74a16c40bc55f77.mp4
Actually the naysayers are out early. Whenever I call for a plumber or other workman, I get a range of times they may come. For example I’m told someone will be there between 10 and 2:00. Over time I’ve come to realize that it will usually be the later time. So when our last update said they would begin sometime in the first quarter (Jan, Feb, March ) I knew it would be March and most likely the end of March. So I’m not getting antsy, or whiney, or have my expectations high till then. And even then things in Israel could be worse than they are now. I believe they will begin work again on His timeline. He’s never early, He’s never late. His timing is always the same; It’s Perfect!
That was indeed a brilliant answer. I can finally see the light. Keep 'em coming!
<< Name one true, born again, evangelical Chrisitan organization that engages in scams. I am not referring to "name only" Christians and please don't respond with Zion. >>
All humans, including "true, born again, evangelical Christians" are sinners. And some of those sinners are scammers.
I wish you would think a little bit more before you posted lies about Zion.
That's exactly what I am saying. Name one true, born again, evangelical Chrisitan organization that engages in scams. I am not referring to "name only" Christians and please don't respond with Zion. That's a totally losing argument because it is a Christian Company. Prove me wrong!
Yes, I have been to Megiddo. As Napolean stated, "it's the perfect battlefield." Be that as it may, to repeat they/he lied is pretty bold, if not arrogant. This is why you have virtually no credibility. You cannot back those accusations up with any degree of certainity whatsoever. The annual meeting will be coming up in a few months. Why don't you come right out and make your accusations to them personally? Are you aware of the sophisticated weapons Hezbollah possesses - weapons that can reach Tel Aviv. I am not saying that they will strike in Megiddo but they certainly have not refrained from raining missiles in the North. Your arguments are so ridiculous, I kick myself for even responding - my bad! As for me and my family, we have chosen to wait until they either succeed or fail. Either way, it's not a big deal to me.
Megiddo population <1000. Tel Aviv population > 500,000.
If Hezbollah rockets can hit Megiddo, they can hit Tel Aviv.
Who you gonna target?
I wish you'd think just a little bit before you accept the lies of Zion Oil.
Have you ever been to Megiddo? It's farm land. Miles and miles of flat farm land in all directions. Look at a map, if their rockets can hit Megiddo, they can hit Tel Aviv. I think you know better, bombs are NOT landing in Megiddo, they are aiming for Tel Aviv. And only a few hit Tel Aviv as it is.
You think the enemy is so stupid that they would try to burn several hundred feet for barley crop in Megiddo when those same rockets could hit Tel Aviv? I think you know better.
So tell me, when they had to delay of the 3D test because of the rainy season, for six months, did you believe them? THEY LIED, there are two rainy seasons in Israel, six months apart (waiting for one rainy season to end until the next rainy season starts) When they said Rob Dunn bought the rig from his old company because he was aware it was such a great deal, did you believe them? Even when you see the Viking Services article back in 2014/2015 saying they were going to sell Zion a rig to drill their second hole? THEY LIED, (hoping you wouldn't realize Viking Services was the parent company to Central European Drilling and Rob Dunn was buying the rig from himself). It was always the plan to buy the Viking used rig. And then when Rob Dunn said he would update us every two to three weeks, did you believe him? HE LIED.
But you still believe they struck oil at MJ#1 six years ago? Down to the molecular level using chromatography, but no further details ever revealed? Except for a 100 barrels of "FLUIDS", the fluids being a mixture of brine water and oil, but never stating how much of it was oil? Open your eyes, they are lying.
So, getting back to your original statement, please explain why the farmers are working, farming, and plowing their crops at Megiddo, but the oil workers cannot work there. The cultists here need to open their eyes.
<< Why are you here ? >>
I am here to discuss the stock, which is the entire purpose of the board.
<< I am not sure how one can refer to themselves as a "good samaratin" and salaciously describe a Christian company a scam. >>
Are you saying that there are no Christian scammers?
Everybody here has the choice to buy in or sell off .....
Good Samaritan going down the road and sees somebody hurt...... the Hurt Guy does not have the ability to walk away....or sell his stock in this case.
Everybody here wants to be here....wants to stay in ....wants to bless Israel.
i see this more as The Money Changers in the Temple. Buying all the half shekels and then selling them for 10 shekels
All the Bashers here - can buy lots of stock...and then sit quiet....stock goes up and then they sell. That's a more accurate explanation of why you are here.
Try another approach Pastor....this one won't hunt.
And again ..... Why are you here ?
I am not sure how one can refer to themselves as a "good samaratin" and salaciously describe a Christian company a scam.
<< Why are you here ??? >>
So when the Good Samaritan saw something bad, should he have just minded his own business like everyone else?
If someone feels that a stock is a scam, shouldn't they warn potential new investors?
Shouldn't both sides be heard? Or should only the rah rah pumpers be heard?
This is one of your dumbest ever posts. Did you ever stop to think that maybe, just maybe, the fact that Israel is engages in a 5+ front war might cause delays?
Homebrew..... if this is such a SHAM Company.....and a such a Loser .....and Affinity SCAM....and that JB and the BOD are deranged......
Why are you here ???
Please give us some kind of plausible answer or excuse for you taking the time to post every other day.
But will...You....and Bruce....and Porkie.... just brush over this and not answer ???
Some kind of answer would be great.
And you can't say you are doing it out of the goodness of your heart warning others away from a SCAM. (Bologna)
If I did not have a dog in this fight....i would simply move on and not waste another keystroke. I have better things to do and more profitable ventures to attend to.
To me....ZN is doing the right thing to help Israel. (And I also contribute to other entities in Israel not just ZN)
And it's Play Money. And I will continue to support Israel in any way I can.
I think you guys are retired and bored to tears. This is your only outlet. (heavy sigh) ..... Sad
Drilling gullible gambler's wallets....ooops, I mean "investors"...wink wink.
That they are drilling, or the drilling rig is active, or even if the drilling rig has been moved: all are considered insider information by Zion Oil, and they will not disclose that information. But if they don't say in Fridays quarterly/annual report release, I would say something seriously more than "procedural problems" are going on.
Doing nothing at all for 5 1/2 months following the award of the lease would be bizarre, even for Zion Oil. Especially considering their March 2023 "hit the road running" press release. I guess others have already mentioned Rob Dunn's promise to update us once every two or three weeks, so enough said.
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ABOUT ZION OIL AND GAS COMPANY
Zion Oil & Gas is a U.S.-based corporation formed under Delaware law, exploring for oil and gas in Israel on licensed and permitted areas of approximately 99,000 acres located onshore between Tel Aviv and Haifa. Click on below link to find out more about Zion Oil & Gas.
COMPANY INFORMATION
In 1985, during a visit to Israel, John M. Brown (our founder and CEO) became inspired and dedicated to finding oil and gas in Israel, and he started the process that led to the Joseph Project. During the next fourteen years he made several trips each year to Israel, hired oil and gas consultants in Israel and Texas, met with Israeli government officials, made direct investments with local exploration companies, and assisted Israeli exploration companies in raising money for oil and gas exploration in Israel. This activity led Mr. Brown, together with others who had assisted him during those years, to form Zion Oil and Gas, Inc. in April 2000 in order to receive the award of a small onshore petroleum license from the Israeli government. Upon its formation, Mr. Brown and the others contributed to Zion all of the technical, economic, legal and financial data they had accumulated over the years relating to oil and gas exploration in Israel. We were reincorporated in Delaware on July 9, 2003. Though we have been around a long time, support for Israel, it is similar to the recent phenomena of social and ethical investing,where in crowd fundraising and otherwise people can choose investments which match their social & political, etc., outlook. To our knowledge those groups are not discriminatorily targeted because of their beliefs.
Below link to ZN®ion's home page & corporate Public Relations banner, more info, inspiration of and ZN's SEC filing archive.
https://www.zionoil.com/
Share Structure
Ownership Summary as reported in the most recent 13-F filings
https://whalewisdom.com/stock/zn
https://www.nasdaq.com/symbol/znog/institutional-holdings
https://www.morningstar.com/stocks/pinx/znog/ownership
ZNOG Statistical Resources
https://www.otcmarkets.com/stock/ZNOG/quote Level 2
https://finviz.com/quote.ashx?t=zn
https://www.otcmarkets.com/stock/ZNOG/security
** https://finance.yahoo.com/quote/ZNOG/key-statistics?p=ZNOG
https://marketwirenews.com/stock/znog/short/
https://www.marketscreener.com/quote/stock/ZION-OIL-GAS-INC-5543530/
Penny Stock Exempt
Transfer Agent Verified
Independent Directors
Authorized shares: 800,000,000 11/01/2021
400,000,000 11/30/2020
200,000,000 09/30/2018
Outstanding shares: 323,653,837 11/01/2021
241,121,879 03/31/2021
238,488,738 03/05/2021
237,512,743 01/28/2021
237,167,067 01/04/2021
236,693,125 12/02/2020
236,524,194 11/30/2020
231,762,828 09/30/2020
173,367,104 05/07/2020
164,691,068 03/31/2020
123,973,084 12/31/2019
64,415,398 09/30/2018
55,888,399 12/31/2017
Held at DTC: 262,060,470 11/01/2021
179,968,498 03/31/2021
179,660,518 03/05/2021
179,487,173 01/04/2021
179,371,295 12/02/2020
179,413,084 11/30/2020
Restricted shares: *6,985,000
Float: 262,060,470 11/01/2021
223.78M 09/30/2020
124,191,166 01/17/2020
95.63M 12/02/2019
57,430,000 09/30/2018
Beneficial Shareholder: 45,700 08/10/2021
https://www.otcmarkets.com/stock/ZNOG/security
* estimate
* https://www.sec.gov/Archives/edgar/data/1131312/000121390020036443/f10q0920_zionoil.htm
Shorting Activity
Notorious clearing house for unlocked GTC shares, log in to see ZNOG availability, up dated hourly.
https://www.interactivebrokers.com/en/index.php?key=ZNOG&cntry=usa&tag=&ib_entity=llc&ln=&asset=&f=4587&conf=am&amref=1
Links to see recent short interest activity
https://iborrowdesk.com/report/ZN
http://shortvolumes.com/?t=ZNOG
https://fintel.io/ss/us/znog bi-monthly + daily intraday
http://shortsqueeze.com/?symbol=znog&submit=Short+Quote%E2%84%A2 bi-monthly
http://www.buyins.net/tools/symbol_stats.php?sym=ZNOG daily squeeze & friction
https://marketwirenews.com/stock/znog/short/
PREDICTED REVENUE WHEN ZION OIL STRIKES
Netback as of 04/10/2020
Posted by JRyan 10/11/2021
NOTE: I am using 300 million shares, todays share price, & todays Oil Price
Jake Maruschok's ZNOG Netback spreadsheet updated daily...sometimes
https://docs.google.com/spreadsheets/d/1Oxc9TLczRxQ_OvAnqN8beZ4foiCXh3GTtuETheInesw/edit#gid=0
Source
https://stocktwits.com/jmaruschok/message/409362402
LATEST UPDATES 2020-2021
Zion Oil & Gas Completion of the drilling phase of MJ-02 well November 23, 2021
https://www.zionoil.com/updates/zion-oil-gas-completes-drilling-phase-of-the-megiddo-jezreel-2-mj-02-well-in-israel/
Zion Oil & Gas Operations Update from Israel as of November 11, 2021
https://www.zionoil.com/updates/zion-oil-gas-operations-update-from-israel-as-of-november11-2021/
Zion Oil contracted for directional drilling services, Operational Update 09/21/2020
https://www.zionoil.com/updates/press-release-september-21-2020-zion-oil-gas-drilling-rig-set-to-depart-for-israel/
What is Directional Drilling?
https://en.m.wikipedia.org/wiki/Directional_drilling
VIDEO: Casing the first section of the Megiddo-Jezreel #2 Well in Israel 2/8/2021
https://www.facebook.com/zionoil/videos/746152222987089/
.
Nature of Operations as of November 2018
Zion Oil & Gas, Inc., a Delaware corporation is an oil and gas exploration company with a history of 18 years of oil & gas exploration in Israel. As of September 30, 2018, the Company has no revenues from its oil and gas operations.
Zion maintains its corporate headquarters in Dallas, Texas. We also have branch offices in Caesarea, Israel and Geneva, Switzerland. The purpose of the Israel branch is to support the Company’s operations in Israel, and the purpose of the Switzerland branch is to operate a foreign treasury center for the Company.
Exploration Rights/Exploration Activities
The Company currently holds one active petroleum exploration license onshore Israel, the Megiddo-Jezreel License, comprising approximately 99,000 acres. The Megiddo Jezreel #1 (“MJ #1”) site was completed in early March 2017, after which the drilling rig and associated equipment were mobilized to the site. Performance and endurance tests were completed, and the MJ #1 exploratory well was spud on June 5, 2017, ahead of the June 30, 2017 deadline under the then-existing license terms. The MJ #1 well has been drilled to a total depth (“TD”) of 5,060 meters (approximately 16,600 feet). Thereafter, the Company obtained three open-hole wireline log suites (including a formation image log) and the well was successfully cased and cemented. The Ministry of Energy approved the well testing protocol on April 29, 2018. Testing of the well is ongoing and the Company expects that testing will be concluded in the fourth quarter of 2018.
Depending on the final outcome and results of the current MJ #1 well and having adequate cash resources, multiple wells could be drilled from this pad site as several subsurface geologic targets are reachable using directional well trajectories.
Megiddo-Jezreel Petroleum License, No. 401 (“MJL”)
The MJL was awarded on December 3, 2013 for a three-year primary term through December 2, 2016, with the possibility of additional one-year extensions up to a maximum of seven years. The MJL lies onshore, south and west of the Sea of Galilee, and the Company continues its exploration focus here as it appears to possess the key geologic ingredients of an active petroleum system with significant exploration potential. In late November 2016, The State of Israel’s Petroleum Commissioner officially approved Zion’s drilling date and license extension request.
On October 30, 2017, the Company sought a multi-year extension to its existing license. After receiving feedback from Israel’s Petroleum Commissioner, the Company submitted a revised extension request on November 9, 2017. On November 20, 2017, Israel’s Petroleum Commissioner officially approved the Company’s multi-year extension request on its Megiddo-Jezreel License No. 401, extending its validity to December 2, 2019. Until recently, the Company remained subject to the following updated key license terms:
No. | Activity Description | Execution by: | ||
1 | Submit final report on the results of drilling | 31 May 2018 | ||
2 | Submit program for continuation of work under license | 30 June 2018 |
On June 1, 2018, Zion submitted its Megiddo-Jezreel #1 End of Well Report (EOWR) for the MJL, thus fulfilling our item No. 1 Final Report license work plan obligation, shown above.
On June 14, 2018 Zion submitted its Application for Extension of Continued Work Program Due Date on the Megiddo-Jezreel License No. 401 . The additional time was necessary because the Company had still not completed testing and evaluating all planned testing zones. On July 1, 2018, Israel’s Petroleum Commissioner granted Zion’s work program report extension to November 1, 2018, as shown below.
No. | Activity Description | Execution by: | ||
1 | Submit program for continuation of work under license | 1 November 2018 |
On October 23, 2018 Zion submitted its Application for Extension of Continued Work Program Due Date on the Megiddo-Jezreel License No. 401 . The additional time was necessary because the Company had still not completed testing and evaluating all planned testing zones. On October 28, 2018, Israel’s Petroleum Commissioner granted Zion’s work program report extension to January 31, 2019.
The above notes excerpted from page 5 of 3rd quarter 10-Q November 8, 2018
https://ih.advfn.com/p.php?pid=nmona&article=78651027
https://www.sec.gov/Archives/edgar/data/1131312/000121390018015173/f10q0918_zionoilandgas.htm
Notes from November 20, 2018 Operational Update:
Given the thermal gradient, flow rates, surface pressure and low salinity, certain ministries within the Israeli government have made requests of Zion concerning the use of the well as a water monitoring well. Zion will review the economic impact and obligations as a result of this request to determine a prudent plugging plan.
•Zone 4;
?1,784-1,775 meters flowed naturally and continuously to surface. The fluid characteristics obtained from monitoring samples taken while the well was flowing indicated low chloride water.
•Zone 5:
?1,232.5-1,228 meters flowed naturally and continuously to surface. The fluid characteristics obtained from monitoring samples taken while the well was flowing indicated low chloride water.
https://www.sec.gov/Archives/edgar/data/1131312/000121390018016338/f8k112018_zionoilandgas.htm
Reference made to August 16, 2018 Operational Update re. future plans
https://www.sec.gov/Archives/edgar/data/1131312/000121390018011310/f8k081618ex99-1_zionoil.htm
/
November 2017 installing blowout protector (BOP)
Zion Oil & Gas Spuds the Megiddo-Jezreel #2 Well in Israel January 6, 2021
3D Grid Map upon completion October 2019
Source: https://www.zionoil.com/updates/
3D Assessent Report completed April 2020 is exclusive and proprietary to the State of Israel and ZION
3D & Rig podcasts
Robert Dunn, speaks about Zion’s recent rig purchase and other details of operations during this time of the COVID-19 spread worldwide.
https://www.zionoil.com/updates/zion-podcast-episode-1-interview-with-zion-chief-operations-officer-robert-dunn/
Dr Lee Russel, Zion Oil & Gas Senior Geoscience Advisor, speaks about his background, his coming to work with Zion, his work on the Megiddo-Jezreel #1 well, and his 3-D seismic interpretation work
https://www.zionoil.com/updates/zion-podcast-episode-2-interview-with-zions-senior-geoscience-advisor-dr-lee-russell/
Zion President, Bill Avery, and Zion CFO, Mike Croswell. Discussion includes the recent filing of the 10-Q, understanding financial aspects, how the rig is a game-changer for Zion..
https://open.spotify.com/episode/4xVV6kgCcFBvF76NsTHJki?si=NvH1GALjThS_ODpZJbsVDA
Jeffrey Moskowitz, Zion's VP, and Israeli Branch Managing Director. The interview discusses Jeff's role at Zion, his history , background, work at the Israeli office, 3-D Seismic work, the purchase of the rig.
https://open.spotify.com/episode/4xXap2YcEe5ZInnNdOSnJv?si=YBisoD9bSDm5Y-UkXOT2JQ
Zion Founder and CEO,John Brown. Discussion includes his heart for Israel, his single-minded focus on obeying God in all things, and his reliance on God's timing.
https://open.spotify.com/episode/2fzeiOxzB58isHgGu3uCr4?si=dx3u3fcIQkWEvbZm-FagEA
Zion Oil & Gas Purchases Drilling Rig for Israel Operations
Zion Oil & Gas, Inc. (Nasdaq: ZN) announces they (i) entered into a Purchase and Sale Agreement on March 12, 2020, for a drilling rig, drill pipe, and related equipment for $5.6 million in cash, and (ii) closed that purchase on March 12, 2020, the same day, by Bill of Sale from the seller to Zion.
On March 13, 2020, Zion paid the seller $4.6 million in cash and remitted the remaining $1.0 million in cash to an escrow agent to be held pending completion of acceptance testing of the rig upon its arrival in Israel.
“This is a new era for Zion and a positive step forward for our 2020 exploration plans,” Zion’s COO, Robert Dunn said. “With our asset based in the State of Israel, our planning and flexibility will become more robust.”
“We believe this is the right time for this to happen,” stated Zion’s President, Bill Avery. “Having cash budgeted and available for the purchase of this rig shows the strong support of our shareholders and evidence of God’s faithfulness.”
The rig is a 1600 horsepower AC Top Drive equipped rig with a twin 1600 horsepower mud pump system with a depth capability of 20,000 ft. The rig will be equipped with almost 15,000 ft of heavy 5” drill pipe along with associated well control equipment and inventory.
Actual rig pictured above. Currently stacked awaiting shipment to Israel. 1600 horsepower AC Top Drive equipped rig capable of 20,000ft depth.
The rig underwent a full CAT III & IV certification in late 2017, reassuring the quality of the rig and ancillary equipment, and it has drilled two wells since certification.
The rig and equipment will be imported into Israel from Romania, where the Drilling Rig is currently stored.
The State of Israel has currently imposed travel restrictions relating to the Coronavirus outbreak, including a requirement that any person arriving in Israel, including the operating crew for the rig, will currently need to undergo a two-week quarantine.
In addition, the ports of entry into Israel through which the rig will need to enter, may be undergoing work disruptions on account of the virus outbreak. Accordingly, it is not possible at the present time to accurately estimate the time or resources that may be necessary to import the Drilling Rig onto the well site or any delay arising as a consequence of the outbreak.
Zion Oil & Gas, a public company traded on NASDAQ (ZN), explores for oil and gas onshore in Israel on their 99,000-acre Megiddo-Jezreel license area.
WATCH THIS SHOW ON CNBC/EUROPE
http://www.exin.tv/mini/cplayer2.html?2,18%20Aug%202006,Zion%20Oil%20and%20Gas,CEO%20Gene%20Soltero
USGS Assessment of Undiscovered Oil and Gas Resources of the Levant Basin Province, Eastern Mediterranean
https://pubs.usgs.gov/fs/2010/3014/pdf/FS10-3014.pdf
~~~~ RESEARCH LINKS & POSTS ~~~~
**** Compiled Zion Information, The SEC, Share Pricing, Field Size!****
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=142598743
* How oil and gas are resources estimated with MJ#1 detail & drilling timeline 7/17/2017 through 3/12/2018
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142326507
* Testing Zones update November 2018
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144911158
* ZN Formation pressure encountered in 2018 & clarification of
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142566219
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144936287
* ZN Wellbore Pressure versus Formation Pressure
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145013764
* ZN Heavy gas encountered Oct 12, 2017: what it means
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144960708
Drilling and Testing Hot, High-Pressure Wells
https://www.slb.com/~/media/files/resources/oilfield_review/ors93/0493/p15_32.pdf
HPHT wells
https://www.slb.com/-/media/Files/resources/oilfield_review/defining_series/Defining-HPHT.pdf?la=en&hash=3FF8F894C76522C77D31DAF3B136B24371E7CCDC
Drilling & Construction HPHT wells
https://www.slb.com/~/media/Files/resources/oilfield_review/ors98/sum98/pgs_36_49.pdf
Directional Drilling
https://drillers.com/directional-drilling-everything-you-ever-wanted-to-know/
Logistics & equipment
https://www.halliburton.com/content/dam/ps/public/solutions/contents/HPHT/related_docs/HPHT_Global_Client_Brochure.pdf
Wellhole analysis, what we know
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143010760
Packers
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143010760
Reservoir Fractures & Pressure
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143010760
Small Acid Job & Completion Fluids
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143309742
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143362301
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143440488
Formation Testing
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143361725
MJ#1 zone trap area and size.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143129790
Discounted rig costs for ZN
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144174715
Onshore Gas
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143858086
MJ#1 Reservoir Announcement Size
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142884720
MJ#1 Geology After Testing Triassic
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143028742
Genie, MJ#1 and the Rift (see 14min)
https://www.youtube.com/watch?v=Uqi1o-_a2ao&feature=youtu.be
https://blogs.timesofisrael.com/israels-oil-in-golan-megiddo-jezreel-valley/
Genie took ~2 years to spud exploratory well
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143591767
Genie took 10 months to drill 1000meters
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143590326
Map of four previous ZN wells
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143258821
Levant Basin report via USGS circa 2010
https://pubs.usgs.gov/fs/2010/3014/pdf/FS10-3014.pdf
Fracking and how it relates to ZN
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143300005
MJ#1 zone trap area and size
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143129790
Well Test Step 1 - Open Hole
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142845818
Well Test #2 - Pressure Transient Test
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142846173
Well Test #3- Production Flow Test
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142846523
Well Test Summary
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142846973
2D vs 3D Seismic
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142854420
Risk Factor #1 - Can the well be drilled?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142701633
Risk Factor #2 - Finances Available to Drill And Test The Well?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142726740
Risk Factor #3 - Regulatory Approval
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142734193
Risk Factor #4 - SEC Compliance & Final Risk Factor Score Card
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142745430
Risk Factor of Exploratory Well vs. Production Well
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143155094
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144935395
* Calculating PPS based on Israel's Energy Independence
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142628564
* Oil Company that owns 3D Technology
http://www.usgeophysical.com/
* How do seismic surveys work
http://www.oilandgaslawyerblog.com/how-do-seismic-surveys-work/#more-48
* How 3D Seismic Imaging changed the Drilling Industry
http://www.domeenergy.com/3d-seismic-imaging-changed-drilling-industry/
* 3D Underground structures in clearer focus
http://www.dea-group.com/en/dea-magazine-2017-01underground-structures-clearer-focus
* 3D In the Med & Middle East
http://www.pgs.com/data-library/europe/mediterranean/
* Basic 3D
http://www.drillingformulas.com/basic-understanding-about-3d-seismic-for-petroleum-exploration/#more-6265
* 3D Evaluation, sweep example
https://csegrecorder.com/articles/view/an-evaluation-of-single-vibrator-single-sweep-3d-seismic-acquisition
* MJ#1: " a focused 3D seisimaging shoot of approximately 50 square kilometers surrounding the MJ#1 well."
https://www.zionoil.com/updates/press-release-november-29-zion-oil-gas-plans-going-forward/
~sq. kilometers to sq. miles
https://www.dollartimes.com/calculate/area/square-kilometers/square-miles
~If the area of the circle is 50 kilometer2
https://www.calculator.net/circle-calculator.html?radius=&radiusunit=meter&diameter=&diameterunit=meter&circumference=&circumferenceunit=meter&area=50&areaunit=kilometer&ctype=1&x=82&y=17
* MJ#1 Low Chloride Well monitoring:
~Salinity of fresh, brackish and sea water
https://www.engineeringtoolbox.com/water-salinity-d_1251.html
~Mineral content of drinking water, 100 USA cities
http://www.mgwater.com/mgrank.shtml
~WHO Guidelines
https://www.who.int/water_sanitation_health/dwq/chloride.pdf
~~~~ LAWSUITS LINKS & POSTS ~~~~
Lawsuits and SEC investigation impact
All Lawsuits Against Zion Oil & Gas Have Now Been Dismissed
https://www.zionoil.com/updates/press-release-april-1-2020-all-lawsuits-against-zion-oil-gas-have-now-been-dismissed/
https://www.prnewswire.com/news-releases/all-lawsuits-against-zion-oil--gas-have-now-been-dismissed-301033335.html
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142984351
SEC investigation filing, timing
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143586499
Shareholder Suits re ZN notice of Sec Investigation
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143563443
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144013604
http://securities.stanford.edu/filings-documents/1066/ZOGI00_01/201889_f01c_18CV02067.pdf
Yolanda Holtzee is Whistleblower by her own admission.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143550100
Opinion by IRisky
https://investorshub.advfn.com/boards/read_pmsg.aspx?message_id=143102483
Possible Reason for ZION SEC Investigation
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143166134
A quick brief over where things stand
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143685490
[ZION $ZN AND] THE STOCK MANIPULATION MEME
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143727229
Possible Outcome for ZION SEC Investigation
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144043255
JRyan's Lawsuit Compilation List up to Oct 9
https://investorshub.advfn.com/secure/post_reply.aspx?message_id=144235839
Lead plaintiff
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=144252116
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=144261260
Malicious Prosecution against a named plaintiff.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144499304
PacerMonitor, Texas Northern District Court
https://www.pacermonitor.com/public/case/25309943/Peak_et_al_v_Zion_Oil__Gas_Inc_et_al
Litigation accrued estimated loss $500,000 a/o Nov 8, see 10-q , page 33
https://www.sec.gov/Archives/edgar/data/1131312/000121390018015173/f10q0918_zionoilandgas.htm
Assessment Report of November 6, 2015
~~~~~Image & Research Sources~~~~~
Assessment Report issued November 6, 2015
https://www.zionoil.com/updates/zion-oil-gas-announces-independent-resource-assessment-report/
8-K exhibit from Nov 6, 2015
https://www.sec.gov/Archives/edgar/data/1131312/000121390015008273/f8k110615ex99i_zionoilgas.htm
The entire exhibit list
https://www.sec.gov/Archives/edgar/data/0001131312/000121390015008273/0001213900-15-008273-index.htm
Upper Jurassic Original Oil-in-Place (OOIP) and Recoverable Oil
as of September 1, 2015
Gross Prospective Resources
Target Horizon MBbl
Low Estimate Best Estimate High Estimate
(P90) (P50) (P10)
OOIP 32,198 86,061 241,544
Recoverable 5,786 17,893 54,776
Triassic Original Oil-in-Place (OOIP) and Recoverable Oil
as of September 1, 2015
Gross Prospective Resources
Target Horizon MBbl
Low Estimate Best Estimate High Estimate
(P90) (P50) (P10)
OOIP 9,322 26,901 85,250
Recoverable 1,749 5,699 19,694
Example of an Fault Line Structural Trap
https://en.wikipedia.org/wiki/Directional_drilling
MJ#1 zone trap area and size.~~~ We are talking thousands of acres size and feet deep for the reservoir.
~~~ Note: See Seismic Locater (figure 11) before attempting to read AR-2118 & ZI-5128 seismic maps.
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Chart Source: https://www.stockscores.com/charts/charts/?ticker=znog
ZN MJ#1 well finds active petroleum system that is not commercially productive. 3-D seismic testing in progress.
Zion Oil and Gas, Inc., a Delaware corporation, which has an active petroleum exploration license onshore Israel, the Megiddo-Jezreel License (“MJL”), comprising approximately 99,000 acres, announces that it has completed the testing program of its primary zones located within the Jurassic and Cretaceous-age Formations of the Megiddo-Jezreel #1 (MJ #1) well. As a result of the testing, Zion has determined that the well is not commercially productive.
Given the thermal gradient, flow rates, surface pressure and low salinity, certain ministries within the Israeli government have made requests of Zion concerning the use of the well as a water monitoring well. Zion will review the economic impact and obligations as a result of this request to determine a prudent plugging plan.
•Zone 4;
1,784-1,775 meters flowed naturally and continuously to surface. The fluid characteristics obtained from monitoring samples taken while the well was flowing indicated low chloride water.
•Zone 5:
1,232.5-1,228 meters flowed naturally and continuously to surface. The fluid characteristics obtained from monitoring samples taken while the well was flowing indicated low chloride water.
8-k November 20, 2018
https://www.sec.gov/Archives/edgar/data/1131312/000121390018016338/f8k112018_zionoilandgas.htm
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