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Speaking of affinity scam frauds follow the money to the colors your flying.
<< i own around 29K shares, should I add more? >>
There really isn't any news that can come out for a long time that will make the share price rise.
Israel is currently at war. That might not end for quite a while. And when that war ends, it will take quite a while before ZNOG can hire personnel, get equipment, and start drilling. During that entire time, dilution is your enemy and will drop the share price slowly over time. For example, between 30 Jun and 30 Sep 2023, there were about 26 million shares diluted.
Yes, if you like gambling on Affinity-Scam frauds, run by a televangelist type crook.
Yes, add more while you can at this price. I own over 100,000 shares and still adding. Also, don't listen to the Naysayers.
Hey, Im new on this board, i own around 29K shares, should I add more?
Bruce, Are you in danger of becoming a good man ????
Thank you for the information.
Thank you, that is good news.
For a bit of history on the Abraaj Group, here's a link that you don't have to pay for to subscribe:
https://startuptalky.com/abraaj-group-fraud/#Arrest_by_the_Federal_District_Court_USA_
Viking Services was purchased from Transatlantic for 180 million in 2012, at the time Transatlantic was run by N Malone Mitchell the 3rd, who liked the Viking Services company so much that his private family partnership (Dalea Partners of Dallas) bought 50% of Viking for $90 million, and the Abraaj Group bought the other 50% for another $90 million. Following the purchase, Abraaj sold part of it's share to the BXR Group, which includes a private hedge fund in Budapest (ie, possibly why the Hungarian flag proudly flies at the front gate of the Zion Oil Megiddo worksite?).
I don't know how much the Dallas billionaire participates in the running of Viking, but I did notice his son, Noah M. Mitchell the 4th, was at one time listed on the Viking Services email list as the Director of Business for Viking Services. They keep a low profile, but stuff does leak out on the Internet (if you bother to look).
Probably good news for longs, if you have been following where the money goes at Zion Oil.
The Abraaj Group has be forced to sell off it's holdings in Viking Services.
It looks like the Mitchell Group in Dallas picked up a bunch of their holdings. Dalea partners (also owned by the Mitchell family) and the BXR Group are the other owners of Viking.
Viking is a private company, as is Abraaj, their books are closed and private, there are no annual reports, so if you haven't been following this, you probably won't be able to pick up on the newspaper articles that have come and gone. Of interest: Bill Gates reportedly lost $100 million in the Abraaj group, it's founder is under house arrest in the UK awaiting extradition to the USA, the liquidation of the Abraaj Group holdings was court ordered... It seems there was a five billion dollar accounting error at Abraaj, as in poof, gone....
The new owners replacing the Abraaj Group will probably do a much better job with the task of "blessing" Israel. Putting 'slims in charge at the Zion Oil work site to bless Israel has always been one of the most idiotic things Zion Oil has done, with the Abraaj Group gone, you should be happy that they will no longer have to do that for the contractor/owner.
So why would you want me to mention an 82 year old founder who has lost 285 million dollars in investor money over the past 23 years? If I didn't know better, I'd think you wanted to drive the price back down to a nickel a share so you could buy more.
Maybe you should go back to complaining about John Brown's age..... you were making headway on that one.
And you did not state your age when asked....
during the middle of a war, looks impossible
I still believe it is possible
Once in awhile, some medical studies, there are those that got the only the placebo get cured
Why
Because of what they believed ( they believed they got real medicine that would help heal them)
I believe they will find oil nothing posted on a message board can change my belief.
Merry Christmas to all
"A dreamer is one who can only find his way by moonlight and his punishment is that he sees the dawn before the rest of the world." Oscar Wilde
Absolutely 💯!! CIC is hilarious talking about electric boats, cars, military vehicles and wind mills. Weighing it all out as you did it makes no sense. It plays out that way as well in reality, as you illustrated.
Panasonic Scraps $4 Billion EV Battery Plant in Oklahoma, Casting Doubts On Industry
Velasco. Dec. 21
Major players in the automotive industry, including General Motors, Ford, Honda, and now Panasonic, are reconsidering their plans for expanding electric vehicle (EV) capacity. Panasonic Energy, a key supplier to Tesla, has decided to abandon its $4 billion plan to build an EV battery factory in Oklahoma.
This move follows cancellations from customers regarding their EV capacity buildouts, indicating a potential shift in the dynamics of the EV market.
Major automotive firms like $GM, $F, $HMC & now, Panasonic are bailing on plans for further EV capacity.
Pana just nixed plans for a $4bn cell plant in Oklahoma bc customers canceled their EV capacity build outs.
EV adoption may have peaked at 8% in the US in Q3. $TSLA pic.twitter.com/X6UNQNvcMG
— Motorhead (@BradMunchen) December 20, 2023
EV adoption, which had been on a steady rise, may have reached a plateau, with the U.S. seeing an 8% peak in the third quarter of this year. Panasonic Energy's decision to halt the Oklahoma project was announced on Wednesday, citing "careful deliberations." While the company did not provide specific reasons for the cancellation, it marks a strategic pivot for Panasonic as it focuses on its already-announced Kansas plant.
The Oklahoma plant, which would have been Panasonic's third in North America, was part of an agreement signed in April with the state government, outlining a substantial incentive package. The total investment for the factory was estimated at $5 billion. However, discussions with Oklahoma officials revealed differences over site conditions and potential subsidies, contributing to the decision to abandon the plan.
A Panasonic spokesperson confirmed the company's commitment to the Kansas plant, currently under construction with an estimated investment of $4 billion and scheduled to begin operations by March 2025. The EV battery business has become a top priority for Panasonic, particularly as the United States offers significant tax credits to attract further investment to the country.
Panasonic's struggles with high costs at the Kansas construction site have been a challenge, exacerbated by rising prices for construction and factory equipment under the Biden administration's Inflation Reduction Act. Despite these challenges, Panasonic remains focused on its target of building 200 gigawatt-hours of battery capacity by early 2031.
The broader EV industry in the U.S. is experiencing uncertainty, with demand growth slower than anticipated. General Motors is among the companies adjusting their expansion plans, delaying the opening of a large electric-pickup-truck factory in Michigan. The industry landscape is evolving, and companies are recalibrating their strategies in response to market dynamics and external factors.
Excellent. A few years ago I put a propane tank in an old 4X4 and where I live it is about half the price of gasoline.
It runs much cleaner too. I remember my uncle who ranches down near Cotulla used propane in his pick up. Now this was back in the seventies when gas was super cheap.... and he was a geologist with Humble!
We had some severe Winters down here in Texas over the last few years.
Alot of Friends and some Family opted to go all Electric for Water Heaters and Kitchen Stoves....etc...etc..
The Ranch that I spend the most time at has 3 x 500 gallon Propane Tanks always full.
Couple this with 2 x Generac Propane Generators .... i am fat and toasty all winter long
It's cheaper - cleaner and more reliable
When you have Propane .... you can heat - cook - have light and the list goes on. And I refill my BBQ bottles for the pit myself.
These Solar and Wind for Electric Generation are not consistent plus the maintenance associated does not make sense to me.
And how are you going to charge your Electric Car when the power goes out.
And when the Electric goes out for any amount of time..... i don't answer my phone.....because everybody wants to come out to visit all of a sudden.
Last time the power went out....after 3 days..... and Family coming to visit.... I had no beer....no whiskey...no Cokes ....no Dr. Pepper....no shampoo....no clean towels....and you get the picture.
No doubt about the newer technology in fracking and drilling and exploration. Oil and gas has a brighter future than most think due to the persuasive propaganda for alternative energy. So what is going to power all the new infrastructure and fueling stations for the new energy? It will be time tested hydrocarbons for the foreseeable future along with the return of nuclear too.
To you too, a Merry Christmas.......and to everyone.
In my prayers,
Monroe
I like the way you think Monroe.
And yes....the 3D intel is a plus....
But we could have an enormous amount of oil and it does not flow well due to the porosity of the rock strata.
I am leaning on the new Fracking technology.... and praying that it will do some good.
Merry Christmas to you and all of yours
I will add. Red Sea shipping lane experiencing possible closure due to escalating war. Oil and gas expected to run up 200% at least in the near term...3-6 months and possibly any day depending on escalation of the war into other nearby countries with the US expected to commence operations in Yemen.
But my main reason to buy is the 3D data. 2D can show you a target, 3D can pin point the bullseye. I think there is many targets to drill.
Just another "we have an Active Petroleum System" email going out on a hole they spud in June of 2017. Notice, still no crew. Not funny, really,. But they do get away with it.
Whoring out that stock dilution! Longs, get you some!!!!
Another email from Zion .
https://mailchi.mp/zionoil/unit-program-extension?e=4e97ae8d53
After the approval of the New Fracking Technology, we might be really running up on stock price.
Like I saw on that video that one guy said that Israel has as much oil as Saudi Arabia.
This could be one of many blessings that come our way.
Merry Christmas to all.....
After December and those who sold for taxes are out of the way, the trend up will continue with some more force.
Wow, decided to check on things.....no news and 7+cents?
Hmm
These scams are free entertainment. CEO just needs to spout religious mumbo-jumbo to hook new suckers, uhh... I mean gamblers, ....oops, I mean "investors".
sometime in January/February will we see a golden cross( like the shining star)
DALLAS !!!!! ......missed ya Brother !!!!!
Merry Christmas !!!!
Let's see what God has in the Play Book for 2024 for ZN.
Great to see you back !!!!!
Its amazing how you can step away from this board for a year, check back in, and see the same people posting the same stuff (Viking Pakistani, blah, blah, blah). Nevertheless, good things are coming to and from Zion. God's timing is always perfect. Merry Christmas All!
Don't make me tell you about Arif Naqvi, the former Billionaire Pakistani who is/was 29% owner of Viking Services. You might just find out that those at Viking who manage and work the Megiddo worksite for Zion Oil have no interest what-so-ever in John Brown's "vision" for the company.
Blah, blah, blah.
Give it a rest, go short bit coin
It's different this time.
They are not talking the secret sauce anymore.
They have the secret technology!
We've come along way since the cable TV days when John Brown would eye-dropper concentrated hydrogen peroxide on dirt in a petri dish, watch it bubble, and say, "see....oil, oil". A long way!
Woo hoo! All the good people talking about buying more need to open up their checkbooks and take this deal.
The rest of us can sit back and watch how this plays out…
Popcorn, anyone?
New email from Zion!
https://mailchi.mp/zionoil/unit-program-nov-386082?e=4e97ae8d53
New fracking technology in poor porous formations? Lets ask?
I have some reading to do, we have time but it would be good to get a grasp of this new tech and how it applies to what will happen on MJ1.
Nanomaterials and Technology Applications for Hydraulic Fracturing of Unconventional Oil and Gas Reservoirs: A State-of-the-Art Review of Recent Advances and Perspectives
Recent advances in waterless fracturing technology for the petroleum industry: An overview
Improving hydraulic fracturing effectiveness in depleted and low-pressure reservoirs using N2-energized fluids
Dec./ Jan./ Feb. Super Highs any month would be Super Santa time
Nothing wrong with hope, nothing at all.
At 0.06+ cents a share, the possibilities are limited.
One thing to keep in mind for all of us. We 'own' a very small portion of ZNOG, the whale(s) own most as they should. That is mostly how these two wells were financed.
Anything can happen but what I wish for is commercial oil, even if small amounts. Why? Then the production license is issued..
That is what I am looking for...
If commercial oil is found, funding will take care of itself...
during the middle of a war, looks impossible
I still believe it is possible
In some medical studies those that get the placebo get cured
Why
Because of what they believed
.
"A dreamer is one who can only find his way by moonlight and his punishment is that he sees the dawn before the rest of the world." Oscar Wilde
100K barrels a day is a huge conventional well. This one is not. What we could compare to is the Bakken and Eagle/Ford/Permian. These can get hundreds of barrels a day and even maybe a few thousand.
However, that rock is way more porous than what we have. We have poor porosity, hence the special technology.
That is why we should not expect a huge find. What we need is flowing oil of commercial quantity. Once that is proved, we can then drill more wells. We just do not know as they have not told us the p50. I think KyOil said the Crab report was somewhere in the millions of possible but we just do not know what the 3D showed.
I am excited, but not expecting oil in huge quantities. It could happen but the odds are not good.
Here is a better idea, on my site that I did, I documented what Givot did, and they did have a well flow 1000 barrels or so, but that was just one, the other 5 I think did not flow. So use that as a reasonable maybe. Now add the fact that the technology that Givot used is 20+ years old. That could be what makes this one different.
Did you know that Givot still has a production license? That is what we need, not exploration but production. That is a 30 year minimum. Givots is still active, they just ran out of funds, Zion has not to this point.
Crazy days I guess.
So to follow up on yesterday’s post, I want to look at possibilities for our upcoming exploration. Let’s say we are successful in finding oil in well number 5. How much can we expect? Did you know there are wells that produce up to 100,000 barrels a day? But that would only cover half of Israel’s needs. But what about our last attempt with our sixth well? Apparently it was drilled only 9 meters from the fifth well. So about 30 feet away. JRyan reminded us it is possible to drill at an angle or even horizontally. What worked for #5 might work for #6. Two wells already drilled, in the same general area, each producing 100,000 barrels a day could meet Israel’s needs during 2024. Is that highly probable? Maybe! But is it possible! With help from above all things are possible. Remember we are not dealing with fossil oil( which may not even exist) but abiotic oil apparently formed by the spinning of the earth. Isaiah in 66 verse 12 said,” I will bring you lasting prosperity. The wealth of the nations will FLOW to you like a river that NEVER GOES DRY. “ Regarding the new pps I wouldn’t expect it to go from 6 cents to 60 dollars overnight, but I’ve never known Him to low-ball anyone seeking to bless Israel!
Maybe not, let's see in January, nothing till then.
One way from here now ~ up Jacobs Ladder
Very well said sir,
I am not as knowledgeable as KyOil, not even close but I will toss my thoughts in anyway.
It's drilled mostly. If the layers were the problematic ones with MJ1, then it could be a struggle. I think there were two areas, the Triassic and Mohela.
I do not understand the technologies at hand but my understanding is that the 'new' technology allows or assists flows in poorly puorus rock. This would not be massive flow, but hopefully commercial flow. The oil IS there, just getting it out is the trick.
Suppose it does flow and with the pressures we get 100 barrels a day. That does 2 things, proves it flows and allows the thoughts of multiple spots to flow from. The rig can drill horizontally if I remember right. We have the 3d, so we know what directions to drill. The pad need not move.
So what does 100bbd get znog? Investors with deeper pockets. The shares will not get to $1, why? There are 600+ million of them. I think 25 cents is reasonable and that $30+ million of new monies could get larger holes and more of them. Horizontally drilled would be a gamechanger I think. I know not that cost.
As KyOil has aid many times, what is that p50 number. If large, then maybe a buck later after the horizontal is there. Otherwise, we would fluctuate around 25 to 50 cents...
Other things come into play once that 100bbd is reached, that is for another time I guess.
For now, I would say we would know within 60 days from start, whether the tech will get the oil out.
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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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~~~~~~Seismic Grid Axis~~~~~~
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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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