Zion Oil & Gas Inc (ZNOG)

[Bruce_Mcdonalds]

Are you going to be able to fish the pipe out in November?
Answer: Currently, active work on the ground is paused due to personnel and logistical issues amid the ongoing conflict in Israel. We expect operations to resume soon.

What does soon mean? This month or next year?
It is uncertain at this moment. We hope to resume drilling operations soon but can't provide a specific timeframe.

Who talks like this? these answers sound a bit like the AI Andrew Summey mentioned in the work experience section of his Resume on LinkedIn last summer. Maybe his AI was just too honest. But whatever.

[IRisky]

Love the way you THINK Monroe !!!!!
Me thinks that we have about 90 days to wait until new Administration is ON BOARD and running hot straight and normal.
90 days..... you can hold your breath for 90 days.

C'mon ZN BOD.......make us Proud !!!!

[Monroe1]

Way oversold, personnel in place and equipment ready willing and able, buyers who buy when blood is in the streets(literally!!!), drill baby drill attitude incoming, dwindling supply and competition, increasing tension on political front.... count down 5 more days.....

All IMA (assessments) and why I am a buyer. The war has pushed the greenie weenies out the back door. Enter a refocused O&G era. Israel is not about to
pass up the chance to be a producer of carbon.

[chill-will 1]

What’s the news

[TommyBoyTrader9460]

$ZNOG

$ZNOG Strong push off the 50 day MA as this Is gaining momentum..looks to test the 200 day MA and a break above it would be huge.. pic.twitter.com/BwFU8TZgm8

— Chris from Massachusetts AKA TommyboyTrader (@autumnsdad1) October 29, 2024

[JRyan]

Wow, didn't see this coming. No reason to get excited, nothing new here.

Volume 1 million, small...

Still nice to have a +10% day...

[Monroe1]

It's a pretty sticky situation. Israel chose to hit Iran during the BRICs meeting. https://www.thehindu.com/news/national/brics-summit-a-total-success-russian-ambassador-denis-alipov/article68807278.ece probably on encouragement from some 3 letter agency. Iran was admitted into the group. So they will be selling oil to those countries in the group and the exchange will not be in dollars going through the BIS. This is a big middle index finger flashing. Screw the sanctions buddy, I got new partners ready willing and able to do business. I agree with this article. We brought it on ourselves and now the question .. gets even dicier. Russia will defend their partners. To add more juice, we now see Turkey very interested in joining. Think of it, a UN and EU member which means the Euro Dollar, will see a NATO member saying bye bye to exclusively using the dollar for international settlements. This is a really big deal. Very bigly.
How many others will want to skip out on the dollar? So very well, we have competition for Zurich and the big banking establishment. As the saying goes, these nimwits "shit in their mess kit". There is a good chance for a lot more saber rattling which puts the world on a more dangerous footing. The next president will certainly be handed a mess. One of which is clueless and follows the orders of the big banking mafia, the other will inherit and deal with the mess. In any case, there are turbulent times ahead most likely on a number of fronts which could see oil prices double or more from here. Would Zion be then pumping semi marginal oil which would make good sense at higher prices? I think they are going to do whatever it takes to get the oil into production. How much and for how long? We love mysteries! All I know is that calmer heads hopefully rule the day as all this mess kit mess gets figured out. We don't need anything nuclear to be flying over head.

[IRisky]

I don't envy Iran's position right now..... .they have "poked" The Bear.

I think Bruce has been talking to ZN BOD and gave them a great pep talk and I can't thank him enough.
Kudos to Bruce !!!

[Monroe1]

Amen to that.

[IRisky]

I pray that when a new Administration is in place that PPS will hit the moon.

[Monroe1]

When peace comes this will shoot up. Before that perhaps, should Israel take out some Iranian oil facilities or more likely just the disruption of the oil transport. Less supply to the world markets puts pressure on the ppb going up.

[chill-will 1]

Okay

[IRisky]

Hey....i see your point on this and yes - i agree keep the Investors updated....
but the Guys (my employees) don't always give me "all the details" - but they seem to get it done.
Just sayin....you never get all the information .... all the time. It's just business

[Bruce_Mcdonalds]

They should have told us of the status of their effort to contract an outside firm to grab the dropped drill sting. the status of getting the equipment on site that can get that drill string, and the status for getting updated/new work permits for the workers with the 90 day expired work visas.

Those are the questions investors have on their mind.
And we don't need the latest grab of Bible verses their AI comes up with.

[IRisky]

Bruce.... I think they are saying we are in a "Holding Pattern" (but doing what they can in the background)
And if I was in ZN's shoes, I would not put out good news.
Everyday I would put out "NSTR" .....nothing else.

[IRisky]

I am somewhat "Pumped" about the update from ZN.....I will go ahead and purchase more.
think I will celebrate tonight at my favorite Restaurant by the Lake.

[Bruce_Mcdonalds]

New update on Zion Oil's website.
What do you think, did they say we hit commercial oil and every chance we get, we are busy getting ready for production? Or did they say the drillers went home to Romania and they are all safe, while we in Dallas are on holiday? Hard to tell, I guess you could read it either way.

[IRisky]

That was QUICK !!!! And no explanations in my inbox. I thought you had to explain why.....
Porky ....was that you ?
Are you still in France ???

[Porgie Tirebiter]

This is a link to a really good article summarizing the Ness / Givot Olam / Zion story:

Evangelical preachers claim that a giant oil find in Israel will usher in the end of days. Enter the con men and penny-stock hustlers.

[Homebrew]

And the gullibles believe it because the crooked scamming CEO blathers on about "God". 🤣😂

[Bruce_Mcdonalds]

Did you follow what happened to the investors of Givot Olam, the one hit wonder oil-in-Israel stock that actually hit oil in Israel?

They hit oil, zero dividends were paid to the investors, the well operated at a loss so that insiders could get royalities, when the limited partnership went bankrupt operating the well (at a loss), they ceased their operation. Givot Olam is now trading at 1/100th of what it was trading at before they struck oil. They haven't even bothered to update their website since 2015.

I don't think you can win when you have folks like this operating what is essentially a treasure hunt. In this treasure hunt, if they find the treasure, you get bunkum and scratch. And if they don't find the treasure, they get millions in salary. What a business model for Zion Oil !

[Ness Energy]

I had accumulated a few hundred thousand shares of ness energy before I invested in Zion Oil, yet when looking at which is worse, Zion is active and borderline worthless, and Ness isnt trading to where theres no way to even sell your stock at a loss. either way, no crude oil has been found in inland Israel. ness started in 1979, Zion in 2000. thats 45 years of losses.

[Bruce_Mcdonalds]

These were the good ol' days!

[Bruce_Mcdonalds]

No one knows how many of the 50,000 people invested in Zion Oil over the past 24 years got divorced or committed suicide over their losses, but I do know there were two posters here who said they were all in with their retirements, and last time I looked at Mr. Staples handyman website in Maine, he was still doing high ladder work for people well into his 70s. What happened to those 3 people, real people, not made up, not speculated, was EVIL.

How many others?

[JRyan]

So D, you still read em everyday, still getting paid I assume.

I refuse to help the HOO. So even though I am not a big fan of the HUB either, but I will answer you.

I am not going to apologize for my support of ZN, I still believe in the original mission. Of course you dont and that's fine. Your hatred is obvious but your motives are not to the average reader.

Nonetheless, we probably do agree on some things outside of Zn.

As of the last 2 weeks, I care not about the oil. I want to see peace but we both know that isn't going to happen anytime soon, and if there was to be peace, that in itself raises flags.

Trying times for that small nation for sure.

I have been by that well, I see no reason for a crew to even be there at the moment......heck farmers have it bad enough.

So hate the company all you want, but now is not the time.

Would I forgive you for all that you and your ilk have done? I already have, you will reap what you have sown, that is not up to me.

In the end the Ancient of days calls the shots.

[JRyan]

Trying times, the oil can wait.

Sad to the see the region in flux.

Pray for peace....

[chill-will 1]

Oh wow

[alancg]

Yep. Been watching the rocket fallout close to the drill site. Hope all is ok there.

[chill-will 1]

Quiet over here

[IRisky]

Bruce....we are going to make you Time Keeper for ZN .... discussing your compensation at a later date

[Bruce_Mcdonalds]

I always liked the six month delay in the siesmic testing due to rain excuse as pretty good (rainy seasons are six months apart in Israel, so they delay due to rains until the next rains!). But honorable mention would have to be the statement by the CEO in 2018, "weeks, not months". Yup, you guessed it, it was months.

But from this point on, they are shut down to Feb 2025, no more excuses required. This group is so forgiving.

[Magician19]

As I was traveling through Ohio yesterday, I saw a Chevy Truck from Kentucky with a ZION sticker on the windshield.

Any Zion owners on here from Kentucky, with a Chevy truck?

[Bruce_Mcdonalds]

If you guys keep winning like this, pretty soon there will be no ZNOG left!

[IRisky]

Bruce, every time you post - price starts going up. ---- Great Job !!!!

[Bruce_Mcdonalds]

So they spent 21 months from the announced Dec 9 2022 plan, waiting then implementing what turned out to be a 3 month work-plan. The cost to keep the Dallas office open for those 21 months at $600,000 a month, doing nothing else, would be 12.6 million dollars. Now add in a few million for the cost of the contractors for the 3 months work. End result, they might start working again 1st quarter 2025 (add in 2.5 million dollar additional for keeping the Dallas office open). This is not opinion, just the facts.

Here is my opinion: It's not like Zion Oil has no history. This wasn't a good deal for investors. Zion Oil has never been a good deal for investors. Something wrong with the education of people these days to so easily fall for this kind of idiocy.

Now, go ahead, post you're going to wait another six months to hear the results. Good for you, maybe you will learn something. But you're paying a premium price for your educaton.

[WebSlinger]

September 11, 2024

Dear Zion Shareholders and Supporters,

We want to give you an update on the current status of our MJ-01 re-completion project. Our operations have recently faced significant delays due to an unforeseen combination of downhole challenges, logistical constraints, and geopolitical factors.

Not surprisingly, after six years of inactivity in a well over three miles deep, the MJ-01 wellbore presents a challenging environment. One major delay that has arisen is our drill pipe separated and a section of it (the "fish") dropped near the bottom of the hole. This is not an uncommon occurrence with oil and gas drilling operations, but we do need to recover the fish to resume operations. The specialized tools we need are not in Israel, but we believe we have located all of them, which then will need to be shipped to Israel, clear Israeli customs, and be transported to our rig site.

Another delay arose out of the logistical challenges we face. The ongoing conflict in the region has impacted shipping routes, the timely arrival of necessary equipment, and created travel difficulties for our rig crews. Our operations require specialized rig crews who are not available in Israel.

Our rig crews, largely from Hungary and Romania, have worked on our I-35 rig since its manufacture and are very knowledgeable and efficient with its operation. Nevertheless, it is physically demanding and dangerous work, which normally requires shifts of crews alternating from the rig site to home and back to avoid physical and mental fatigue, which can lead to accidents and injuries. Due to our logistical issues, some of our crew members have already been on-site for 80 consecutive days, which poses a heightened safety risk. We, however, have been blessed with no accidents or injuries to date!

An even further delay has been created by many of our rig crew members reaching the limit of their work visas. This requires us to reset visas, which is not a simple process, and it adds another layer of delay and complexity.

We are also mindful of the significance of several upcoming dates in October. The one-year anniversary of the October 7th attacks marks a particularly sensitive period, especially given the ongoing war being fought on several fronts, and the emotional weight this date carries for Israel, alongside the High Holy Days of Rosh HaShanah (Feast of Trumpets), Yom Kippur, (Day of Atonement), Sukkot (Feast of Tabernacles), and Simchat Torah (Celebration of the yearly restart of the reading of the Torah – the first five books of the Bible).

In light of the combination of downhole, logistical, and crew challenges, as well as holidays, and the one-year remembrance of October 7, we have temporarily paused active operations. This is a necessary step to ensure the safety of our personnel and the integrity of the wellbore. We anticipate that once we have the necessary tools and renewed visas for our crews, we can resume operations in Q4 2024. This is, of course, all subject to the realities of the present geopolitical environment. The conflict in Israel, while not directly impacting our operations on a daily basis, creates uncertainties that could affect our schedule at any time.

We remain optimistic that we can resolve our current issues, and we remain committed to moving our project forward as quickly and safely as possible. We will continue to provide updates as new, significant developments arise.

Thank you for your prayers and continued support during this phase of the project.
Robert Dunn
CEO
Monty Kness
COO & Exec VP

[Monroe1]

Update just out. The realities of war are being felt. The company's update is well appreciated. So with the delays we sit back and wait it out.
They should be ready to roll once work can be resumed. It is what it is. I have no problem with it. While it is not just another day at the office,
it is amazing to me the company has been able to continue in any shape or form.

[IRisky]

On the next BOD Meeting - I am appointing you WebS as CFO.
Your Compensation will be discussed at a later date

......."and some have greatness thrust upon them.'

[WebSlinger]

The company is definitely top-heavy.

There is no need for all of the executives and board members in this company.

ZNOG has wasted over $290 MILLION over the years (yes, that is correct, $290 MILLION), with a large part of that going into the pockets of executives and board members.

[Homebrew]

1) No
2) Affinity scam for insider enrichment.

Have we hit oil yet? I still haven't sold one share since I purchased them many years ago.

OR

Is there some other grand excuse/reason why we still haven't?

[Cooldeliosis]

From the pictures from Zion on X looks like these two companies are on site.
https://www.h2oil.co.uk/services/
https://wfr-ofs.nl/

[Freedom1776]

Have we hit oil yet? I still haven't sold one share since I purchased them many years ago.

OR

Is there some other grand excuse/reason why we still haven't?

I don't think anyone has used the excuse/reason that "my dog ate my homework". Why don't we try that one on for size. LOL!

[WebSlinger]

<< But I would not buy Bit Coin if it is part of the Mark of the Beast as you put it. >>

If bitcoin is a part of the mark of the beast, the Bible seems to indicate that you won't have a choice.

"He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name."

Luckily, we all don't have to invest in ZNOG. :)

[IRisky]

Bruce, You did not like that last message that I put up about all the Prophesied miracles that have occurred in the last 2000 years ???
And I posted a link for you as well so you could read it

Yes .... i agree that you are correct on the Mark of the Beast part...

But I would not buy Bit Coin if it is part of the Mark of the Beast as you put it.

Scary .....is it not ???

[Bruce_Mcdonalds]

Zion Oil as a Prophecy for profit stock: looking back to the year 2010, there were two major Biblical prophecies going around at that time for which people might have been interested in investing, to try to gain riches based on the prophecies in the Bible. The first would be the Oil Prophecies, and investing $10 in Zion Oil stock would have been one way to do that. If you invested $10 in Zion Oil stock (to buy 1 share), today that stock would be worth... 5 cents. The other major prophecy going around in 2010 was the Mark of the Beast. For prophecy guru's, it should have been clear, and should have been known, the new BitCoin they were seeing, that had to be the number one precursor to the Biblical Mark of the Beast. If you invested $10 in bit coins at the end of 2010 (to buy 25 coins), today that $10 would be worth $1 million! Boy, did we all ever make a stupid decision, or what?

[IRisky]

Wait for it .....

I haven't been keeping up lately with what they have been up to. Other than the 100 million shares of new stock being issued, did I miss anything?

Yes.... You MISSED your Bedtime

[Monroe1]

No, go on back to bed. You will be notified once oil is pumping.

[WebSlinger]

<< Half a mile seems to be the sweet spot that Zion wants to get to.
https://www.prnewswire.com/news-releases/zion-oil--gas-confirms-active-petroleum-system-in-megiddo-jezreel-1-well-in-israel-300698633.html >>

What makes you say that?

The link to the article discusses finding a minor amounts of oil at around 16,500 ft, which is a little over 3 miles.

[Cooldeliosis]

Half a mile seems to be the sweet spot that Zion wants to get to.
https://www.prnewswire.com/news-releases/zion-oil--gas-confirms-active-petroleum-system-in-megiddo-jezreel-1-well-in-israel-300698633.html

[Porgie Tirebiter]

You've got me confused with someone else.

The only place in France I've been to is Marseille, and I was working when I was there.