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I see new people here with optimism. you are the next group of people to have beliefs that zion will find something like those of us in the last group. we bought shares, they said they would drill, they didn't, they said they were buying their own rig, they didn't do that either, and after prophetic words already have declared that we are moving away from fossil fuels, zion continues to say things that they don't do or won't accomplish. management lives off all the past money collected from the last group, while years have gone by. well, I hate to tell you, but the balloon for you is about to pop, all with losses in your wallet. one has to think if you are a texas preacher that owns an oil company, that you would at least have some revenue coming in from prior projects in the states. but nope, we just tell everyone that its in the bible and we are going for the big one. all the while the christians who believed this lost their hard earned money. the future is electric and hydrogen. and Israel already has the motherload of natural gas to do anything they want.
I have been writing off all my zion losses for the last 5 years to the IRS.
for those who actually bought when it was 8 to 10 bucks a share.
all of the energy companies that are in exploration mode need to change gears to future technology.
instead of wasting millions of dollars on a hit and miss of finding something in the ground, you need to think outside the box and go for whats going to replace fossil fuels. if any company says its foundation is God, then listen to what God has spoken through His prophets. they have said that the future is about converting garbage into energy/fuel. we need to be able to deal with the increase of waste since the population is growing exponentially. without changing how its processed, it will be a mess. so lets take Gods word for it and target building plants that will convert the garbage. He has already said that fossil fuels days are numbered. so stop with the 90 plus percent failure rate, and go for the sure thing. also, for a texas based company, they should have some kind of revenue at home before you think about going to bless Israel. Israel has a ton of natural gas, and that in itself can fuel many things. you can convert cars and trucks to run on either propane, or natural gas. and its way cleaner.
stop digging in the dirt wasting more money !!!
for victor to say they will be generating income after how many failed attempts and management continuing to bleed the money of the stock holders for looking where to mark the next "X" on the ground, has gone on long enough....
STOP !!!!!!!!!!!!!!!!!!!!
don't hold your breath. considering all the times a statement was issued, it never happened. how many times are we told they will drill and don't? its been how many years now after multiple promises? it was figured since there has been no movement of action to even give the looks like drilling was to happen, that just a quick ef hutton speech would be in order.
Bravo Sierra
by the time zion finds anything in the ground, we will be flying in deloreans.
Oil found by dead sea
ness was the company that mentioned the dead sea way back.
too bad zion will never acquire enough money to drill again. all they ask for is money in rights offerings time and time again, while the management continues to get paid to do nothing.
SMH
http://www.jpost.com/Israel-News/Renewed-drilling-finds-NIS-17-million-of-oil-near-Dead-Sea-452764
zion has no connection with ness.
just 2 texas oil companies that wanted to help find crude oil in Israel. (inland) ness was looking around the dead sea area. zion looks around the so-called head that is supposedly outlined geographically northwest.
and both zion and ness are very similar in that they used scripture to believe that crude oil was in Israel.
I still hold ness shares. supposedly will trade again soon according to grapevine.
I have more pictures of zion drill sites to add if wish to see them.
which none of them have produced any amount of crude to send the company
to a higher SP level. 1 out or 9 wells on average produces.
how many has zion drilled up to this point?
5 string posts in renewable realm at other boards but pops into the fossil fuel real one time?
now we see Zion offering bonds? after postcards didn't bring much in to those who have made money on their investment. how long will people dig into their pockets until zion finds something? I say unless there are new investors that haven't been in the loop for past 5-10 years, there won't be many regular joes. especially when the economic realm of world is in turmoil.
this attempt will make or break the camel's back for sure.
but I see the renewable energy taking over. sure the world will need fossil fuels for the time it takes to replace them, and the emphasis of any energy company going forward should be anything but fossil fuels.
it has already been prophesied by spirit filled followers of the God of Abraham, Isaac and Jacob, that fossil fuels will come to an abrupt end. the whole premise of zion and john brown has been the belief of the same God and the scriptures all believers read for zion oil.
so the question is, what do we need crude oil for? it makes many plastics, fuel for numerous vehicles, making roadways, and what else? I am not a firm believer in the whole global warming ordeal, but to get rid of coal and burning chemicals/gaseous substances does cause pollution. all one has to do is fly out of the atmosphere to see the comparison.
if people see the likes of elon musk and what he contributed lately, and then we multiply it according to the technology doubler ration, it won't be long the fossil fuel realm will be relatively nothing.
ENERGY... what is the needs of the planet? they are definitely growing exponentially. figures state that we will see an increase that goes beyond what we can even achieve with fossil fuels. we can debate about peak oil and all that, but it doesn't answer the question.
what powers the world right now? nuclear energy, which we know is absolutely hazardous to the planet. coal, well we know the pollution that comes from burning it for electricity. natural gas for heating furnaces in homes, or gas stoves to cook on, and with Israel having the natural gas from the mediterranean sea, they can replace crude and coal by using it instead. so the balance is already shifting to clean non hazardous fuels.
watch the video in the link. how long will it take? not very long I will suggest.
http://www.lockheedmartin.com/us/products/compact-fusion.html
here is a portion of one of the prophetic words from charlie shamp.
“Get Ready For A System Reboot!”
We will see specific breakthroughs in the coming days with different forms of energy. Energy has always been a great concern for many, and for decades there has been an iron fist controlling technology from being released that would free the earth from an oil-based energy system. But the Lord revealed to me that in the not-too-distant future there will be no difference between waste and energy. In fact, right now there are nations on the verge of breakthroughs in energy that will cause Babylon to be bankrupt overnight. It will be a shock to many when it comes, but it is already in the works. The tide is changing, and I see new ways and waves of energy coming to the shores of many nations. Mark my words, the planet will not run on oil forever. That system is running out of time!
found here.. http://www.destinyencounters.com/news/prophets-loft/latest-elijah-list-prophesy-may-2014/
Ness may trade again...
NESS ENERGY INTERNATIONAL, INC. December 11, 2015
UPDATE
I want to thank the faithful “remnant” of Ness Energy stockholders who have continued to believe in the mission of Ness and send emails, letters and other tangible evidences of encouragement and prayerful support for the company. Your communications and support are appreciated more than I can fully express. Thank you so much!
Activities over the last six months have primarily focused on ending the partnership in the private companies which I have been doing business for the past eleven years. There is one pending legal matter that is currently being addressed in order to reconcile the issue. Upon reaching a mutually agreeable arrangement on this matter, steps will begin for the completion of the Security & Exchange Commission (SEC) application. The SEC’s approval of this Form 10 application is required to return Ness to trading on a public exchange. The goal is to have this legal issue brought to a positive conclusion by the end of 2015.
The onshore oil and gas exploration drilling in Israel has been relatively active in 2015. If this activity continues into 2016 it will be very positive for active oil and gas companies there as this will be an incentive for oil field services and equipment required for drilling and completion to be more readily available. Ness Energy will resume its pursuit of oil and gas at the south end of the Dead Sea as soon as its stock begins trading on a public exchange.
I pray that we all have a Christmas full of joy because of all we have received through God’s Son, Jesus. May we be resolute in the coming New Year to honor God and do all required to access the full benefits of His wonderful promises.
David M. Boyce
President and CEO
Ness Energy International, Inc.
Not a good sign... ?
you have to add more to the list...
like being told zion would drill in 2014. didn't happen...
then drill in 2105... didn't happen...
postcards keep coming for asking for money. these same people won't lose anymore money since zion hasn't done anything except wire a hole in the last few years.
when management keeps collecting their salaries, and zion keeps telling investors they plan to drill or even have a new lease and draw arrows to a nearby area where its believed someone else has found oil.
not enough money to ever drill to send the SP toward 50$ a share, but keep paying management.
the CEO leaves the company, and it was a mutual departure. does management think people are that stupid in seeing what is happening?
as the soap opera continues...
don't count on it.
this is just the proof of management and their salaries.
fossil fuels will not last much longer considering the technologies about to be released.
invest towards alternative energy.
garbage into fuel.
we have to get away from oil. its costing way too much. all that money can stay here and we can see high speed transportation.
tesla's free energy is the goal. not to line someone's pockets on technology that destroys the environment. look at the tar sands in canada. disgusting.
my learning lesson in all the money I lost was that its not about oil anymore.
reality...
the price is only a reaction of emotion. no oil has been found.
listen at 7 minute mark. zion warrants
A Miracle is Expected for Oil to be Found in Israel, Hydrocarbons Identified at Southern Golan Heights Drilling Site, Genie Energy the Next Oil & Gas Giant
And the SP doesn't even reflect the performance of the company its attached to...
2.00 a share is a joke when people paid 10.00
it will never get that high just on the high hopes that the market keeps going up.
wishful thinking that it goes much higher without finding anything themselves.
drill a hole, and wait 3 years, and ask for more money. retirement is right around the corner.
look at the home page of this web site. what do you see? a big LNG ship just like the experts are talking about...
http://investorshub.advfn.com
a lot of energy talk. LNG and exporting.
texas and others are looking at big profits. and then there's zion...
not doing anything right there in texas to get something going. companies that took over abandoned wells making all kinds of money.
http://pro.moneymappress.com/EAD2CSHNEW/WEADR305/?pub=ead&h=true
you fail to realize something...
either saudi arabia makes a deal with china and then anyone who buys oil from arabia will do it in yuan. they will dump their dollars and then our economy crashes.
the other scenario is that saudi arabia simply cuts of all exports of oil to us, and that crashes our economy.
either way, we are toast. yet u are licking your chops on the price going up so u can bank profits.
then the bank holiday comes around the end of the shemitah year like the last 2 did.
2001, and 2008 both had economic failures on the last day of the shemitah.
umbrella...
I concur, but to some, the money they had invested in zion was their umbrella. since time has now told us that they haven't found crude, and life's circumstances forced me to sell everything I had invested at a loss, I no longer have it. yes, investing is risky. we all know the realm of losing it all. I know that my pouting in here gets old, and I am trying to just give all my issues to the Lord about what Im to have or what my position is, but when a person can't seem to get ahead, and when major disappointment comes because life has been so hard to just pay the rent, and God says He will provide, but the struggle says on the other hand that He is not involved. the enemy can bring thoughts to mind that God has forgotten about you, or he isn't with zion. If zion would have hit when it was on the upswing when I bought at 8-12 a share, then happy days. but selling at 2.50 or so, I am down 25 grand, and have nothing to throw at anything to get any type of comeback. no wind in the sails. so call me disgruntle. no denying it. totally disappointed. so all I can do is pray and ask for some other way to be blessed with the finances to cover what I will need for whatever scenario that will come.
the other thing that bothers me is I have many connections in the prophetic realm speaking for God, but they are not all saying same thing. so the ol' classic saying, those things that are contradictory must be coming from false prophets/people. yet Im not so sure that the good and bad won't happen at same time. we can have a crash, but scripture in proverbs says the wealth of the sinner is laid up for the just. some say the wealth will be transferred into the hands of those that have been tested and can be trusted with amounts of money that most would be destroyed. I'd like to think from my testings that I am one of those that can be trusted. Im human is disappointed failures. yet show me someone who has done something positive that didn't fail at some point? u can't. all those who were used by God in something that got attention, had issues. stuttering, being short, denying, sinful, and on and on.
the one item that has been on the front side of the prophetic, is the awakening that was predicted. the 3rd great awakening. to be the largest of all of them and usher the final harvest. it has been said that it will start in austrailia, and brisbane is in the process of busting it open. then it will spread all over. one thing we know is that anything that means traveling or getting something done for Gods kingdom will take finances. God knows this, and will do accordingly to pay for it.
there is still supposed to be inventions, ideas coming that will improve life and also bring in the money. things like taking everyday garbage and making energy out of it. I already see online there is a unit that converts everyday garbage into a gas.
naturally the companies that will sell u their financial reports and give u inside stuff are all buzzing about how to cover yourself. there is a stock that will actually strive on the economy going down, and oil being an issue.
another issue is the U.S. elections down the road. if there can be a person to be installed that can reverse the damage, that would be something to ponder on what can happen in the positive. how can we head towards utopia if we are in final days before the return of messiah where book of revelation portrays gloom and doom to the events of major catastrophic issue taking place?
one's head can become mush if u overprocess it all.....
I am bombarded by numerous things in energy lately.
first of all, the record shows that america is the number one producer in natural gas, and will be the number one producer in crude oil shortly. years ago when the economy was just starting to go south, nixon removed the backing of the dollar by gold, and kissinger calls the arabs in saudi arabia and makes a deal to have opec trade all oil in U.S. dollars. that would prop of the worth of the dollar, and thus the birth of the petrodollar. well, because america won't need to be importing the amount of oil from arabia, there is a major problem brewing in that china is expanding in population and energy needs, so we will see the saudis make a deal with china to supply them, and they will trade the oil not in dollars, but in petroyuan. when this happens, foreign countries that hold treasury notes (they buy our debt) will no longer need them and they will dump them and they will all flood into our already screwed up economy. thus creating massive inflation and the economy will completely crash. so if you are invested in certain areas, you will lose a bunch. this will possibly have a new currency come out, and when the exchange from the dollar to whatever it is, Im sure the upper echelon will pocket a bunch and you won't have half of what you did from before.
prophetic words have said that when the crash comes, that has been foretold by rabbi johnathon cahn in his outline called the harbinger, it will be a signal of great distress coming upon the world. some don't fully agree that we are finished yet, and there is a good chance that the church will wake up and repent and cause an awakening, and at least certain people will be blessed in financial realm to finance God's kingdom. (this is what zion oil was to be about to many... the proceeds were to be given to ministries or wherever that would reach lost souls to bring into God's kingdom)
also with the discovery of the natural gas off the coast of Israel, it comes to say that we can use all of it to run vehicles on. cleaner, lower emissions, cheaper. why chase crude oil when its going to be left behind? if we still have time before the Lord returns, its a no brainer.
so for zion, they should be looking at either shale or natural gas in america to get started if they want to be involved in anything. forget about crude oil. by the time they find it (IF) it will not be what we need to go forward.
"he does have drilling rigs" ???
hmmmm where do u get to saying this?
one thing people have to remember is that zion told us that they were creating their own drilling company, called zion drilling.
THAT NEVER HAPPENED !!!
a huge lie they keep trying to cover up. the last time I recall any drilling they got a rig and crew from turkey.
as far as I can see, zion doesn't own a rig, at least one that can drill deeper in inland Israel.
and as far as the scam issue, I don't call zion a scam as the definition is. where somebody has only the intention of fleecing another for their own gain. its obvious they believe they will find oil, but because of the lack of finding any commercial quantity oil, they have used up how many million dollars in an area where it is known to be hard to find it. so don't keep diluting the stock and have a stock offering every 6 months and then take 2 years to continue doing anything. this company being based in texas should have started with something small right in their own state and had any kind of revenue to throw at the attempts to drill in Israel. but they keep rolling the dice and they keep asking for the money, and they keep coming up with nothing. then while they fidget around asking for money, and until they get enough to drill another hole, 2 years goes by, and how much of the money that was leftover just continues to pay salaries in management while nothing happens. then someone in management leaves, and they cover up why.
look at how the gas was found in the med sea. a guy believes there is gas, but couldn't get the funds to do, until noble energy stepped up and helped. a small texas company that had some capital they risked using to finance the search. they came out on top big time.
how can we compare that to zion? you can't. they don't have any money except what shareholders give them a little at a time, they try and fail, and then its back to asking for money.
my point is that noble had made their money by having revenue right in texas.
THERE'S THE DIFFERENCE. HAVE REVENUE FROM OIL IN TEXAS !!!!!!!!!!!!
Helloooooooo anyone home at the zion office in TEXAS? wake up JB
just a reminder video...
gas in the med. cheaper to fuel the energy needs over oil...
whoopie do...
lets see a satellite photo of a rig on the ground drilling a hole somewhere.
oh, and texas oil workers doing the drilling.
how long has it been since there was a rig doing anything?
kinda hard to get money back when gas prices soared, and cost of living went up to a point I had to sell at loss just to pay rent. it would be one thing that I would be able to sell at or near what I paid, but buying at 8-10 bucks a share when it was hyped all when many were believing it was going to hit and go crazy. but all it was about was hype and it led to nothing, and the SP tanked. it hasn't done squat since the hype. all those that went long are no doubt sitting at a loss, if they still hold their shares. I wasn't able to due to circumstances. so Im out 20 grand plus.
God will pay me back. but not here at zion.
I wouldn't give another penny to a company that hypes their company that has no results.
mostly to the fact that management sits at the office collecting their pay while the shareholders money goes down the drain.
and again, no revenue, no drilling in the USA to get started.
and lies of starting zion drilling, which never happened, and numerous people quitting while we are told their departures were mutual. all hogwash...
there is no integrity here at all. especially trying to convince christians to give their money to do it. I was at a prophecy conference a few years ago in Missouri, and on the last day of the gathering, there were zion oil pamphlets on every chair in the auditorium. cha ching...calling all christians.. give us your money.
again, oil prices shouldn't dictate the stock price of an oil exploration company that hasn't found anything. it would be like EF Hutton farting and then people running to buy stock for no reason. this company can only make anything of itself by finding oil anywhere. but since there are so called prophecies or prophetic declarations that suggest oil is under inland Israel, the company is rolling the dice in all or nothing on these premises. if you are going to be a responsible anything company and expect investors to back your ideas, you can't expect them to keep digging in their pockets by producing no results.
DRILL IN AMERICA FIRST !!!
then after you actually have proof that you have done it and have a little revenue, people will probably believe that more can be achieved.
the way things are going is the equivalent of trying to win the lottery.
since when do oil prices have anything to do with zion?
you make numerous quotes about studying charts, but that would only apply to companies that actually have found oil.
even if the price goes up, it does nothing for this stock.
Im surprised by the drill site update, in that Im curious how much money they have to try to drill another hole. if they have raised 40 million, I can say for sure that if the next hole (if they can even drill it) comes up with non commercial quantity oil find, the fat lady will be singing big time. thats if she isn't already.
zion needs to drill in texas or somewhere in america first to establish some revenue instead of rolling the dice with other people's money. just because you claim to be christian, and can drill a hole in the ground, doesn't mean much to shareholders that have lost a bunch on the hype of prophecy.
If God was truly wanting zion to bless Israel with finding inland crude, He would give you the coordinates to where you would drill. but instead, they use old 2D surveying to decide where X marks the spot. yep 1 in 9 holes come up with something. that leaves 8 out of 9 that come up dry. 40 million a hole times 8 dry wells is a bunch of lost shareholder money.
DRILL IN TEXAS JOHN BROWN !!!
dont lean on the shareholders for everything. you have to crawl before you can walk. and walk before you run....
for what? the weather? lol
it doesn't matter what the world says about oil prices when you talk about a stock price on an exploration company that hasn't found any oil.
the only way the SP is gonna go up is by wishful thinking and pumping the stock.
otherwise there will be no excitement in anything unless God causes an earthquake under a previously drilled hole, and they can recover it.
otherwise its game over...
management can live how long off the shareholders money until it runs out. then the CEO can send all the investors a book on faith. (that they lack)
the fact is that the company said it was forming zion drilling.
it never happened. ITS A LIE.. CANNOT BE REFUTED...
when zion came out as being a christian backed oil exploration company, they presented that they were to be a blessing to Israel in finding crude. I see a few posts newer is the disclaimer for the royalties that are to be given back, but as everybody knows, there has been no crude found.
richboy, you post your charts, and yet you are one of the regular type investors that just want to make money in any way you know how. nothing really against that since thats usually the goal, but when you are a christian believer in Jesus, and this stock was presented to those believers as coming in with their hard earned money to be part of financing the exploration of a country you love and back due to christian convictions, and what the company has said and then done differently, it does not sit well with me at all.
you might be looking for 2 dollars then your 2.50 according to your so called charts, but when we as christian investors for the sake of Israel bought in at 8 dollars a share when it was all hype and smoke and mirrors, can't even recover the losses we have up to this day. when voicing our opinions on what management does wrong, the CEO sends you a book in the mail saying you don't have faith.
we were told that a zion drilling company was formed to have our own rig, and where is that today?
nowhere to be found. management lies to us about what its doing, and continues to say they have integrity.
then when numerous people like rinberg just up and leave and we get the "mutual departure", it just comes up a big pile of BS.....
guys come in to get in and get out making what they can, when most of those who profess to be christians that got sucked into this, were going long all the way from when they decided they would be part of this. that drove the price up to 10 bucks a share. basically when I got in. after all the BS and hype settled, we were at chump change and major losses without ever finding any commercial quantity crude.
what happened to givot olam?
even ness energy?
ness has been cleared of the past court cases and any debts. I will bet that ness will come out on top before zion will.....
the soul purpose of zion is to find oil and bless Israel..
for those who are investing in zion just to make money on increases here and there, you miss the whole point why this company exists.
the whole point was to send in your money and go long until massive oil was found. then cash in and give the profits to God's kingdom somewhere.
but, since things aren't being run like an oil exploration company that has a proven track record and revenue to some degree backing it, zion is at roulette table asking for more money without giving any returns.
some of us bought at the 8 to 10 dollar mark thinking it was about to erupt and take off. all hype and losses...
nothing good to say about this company. I used to back it in yahoo boards from bashers. now I look back and know they were right.
zion holds no oil.. thats holds a lot to shareholders.
victor, explain how zion keeps sending out the investor info to those who already have given their money, and won't give anymore, to a company that hasn't started with something small like oil in texas to actually motivate shareholders that you can do the job, rather than trying to hit the home run right away. you are asking for umpteen millions of dollars saying the bible has roadmap, but zion has found no commercial quantity crude oil to this day.
how long you will accept a salary on the leftover money from the shareholders ?
do you think they want to give more to a company that hasn't done anything lately other than wire an already drilled hole in hopes that you might find something?
the shareholders aren't impressed at all with whats going on. its time you realize it.
take the money you have, and use it in texas to generate revenue. that in itself will drive the price up, and you MIGHT get some shareholders to donate more for the cause.
do nothing else but ask for more money, and this will be over with. just like ness energy.
no safe bet here...
mailbox had big envelope from zion come to house. dvd, maps, charts, and a plea for more money.
this is going nowhere, and they won't get the money they need, since all the christian prophecy people have lost money.
you can't keep fleecing the flock time and time again.
then the prayer letter that's a year old.
how can management say they have plans without having money to do it?
WISHFUL THINKING...
We will see specific breakthroughs in the coming days with different forms of energy. Energy has always been a great concern for many, and for decades there has been an iron fist controlling technology from being released that would free the earth from an oil-based energy system. But the Lord revealed to me that in the not-too-distant future there will be no difference between waste and energy. In fact, right now there are nations on the verge of breakthroughs in energy that will cause Babylon to be bankrupt overnight. It will be a shock to many when it comes, but it is already in the works. The tide is changing, and I see new ways and waves of energy coming to the shores of many nations. Mark my words, the planet will not run on oil forever. That system is running out of time!
Look for the nation of Germany to have new medical technology they will unveil in the fall of 2015 on human genetics.
We can look to see from 2015-2020 a full integration of computer technology within society. It will be so seamless you won’t recognize it is even there. Much like electricity has become seamless within our daily lives.
There are companies working on glasses that will contain computer technology, but by 2020 it will be as small as a contact that goes into your eye. They will carry full internet capability.
There will be three nations that will emerge this year as forerunners of new computer technology (quantum computers) China, Great Britain, and America whoever breaks the code will lead the future.
Watch China and Japan they are going to emerge with new clean energy technology. A Hydrogen based energy.
We will see specific breakthroughs in the coming days with different forms of energy. Energy has always been a great concern for many, and for decades there has been an iron fist controlling technology from being released that would free the earth from an oil-based energy system. But the Lord revealed to me that in the not-too-distant future there will be no difference between waste and energy. In fact, right now there are nations on the verge of breakthroughs in energy that will cause Babylon to be bankrupt overnight. It will be a shock to many when it comes, but it is already in the works. The tide is changing, and I see new ways and waves of energy coming to the shores of many nations. Mark my words, the planet will not run on oil forever. That system is running out of time!
Look for the nation of Germany to have new medical technology they will unveil in the fall of 2015 on human genetics.
We can look to see from 2015-2020 a full integration of computer technology within society. It will be so seamless you won’t recognize it is even there. Much like electricity has become seamless within our daily lives.
There are companies working on glasses that will contain computer technology, but by 2020 it will be as small as a contact that goes into your eye. They will carry full internet capability.
There will be three nations that will emerge this year as forerunners of new computer technology (quantum computers) China, Great Britain, and America whoever breaks the code will lead the future.
Watch China and Japan they are going to emerge with new clean energy technology. A Hydrogen based energy.
mr carillo, if this info is true, why hasn't zion which resides in texas, actually have part in texas oil?
info comes right from your old office... and now you work for zion, and they are getting nowhere?
Now the Bakken is being eclipsed by an even more productive shale formation in southern Texas known as the Eagle Ford Shale. Often referred to as the Texan Bakken, oil production in the Eagle Ford oil jumped 60% in June from the same month the year before.
According to preliminary data released by the Texas Railroad Commission, the nine fields that make up the majority of Eagle Ford yielded 617,884 barrels of crude a day in June.
And inside of a year, the Eagle Ford will likely surpass the Bakken Formation’s production rate of 800,000 barrels per day to become the No. 1 American shale oil producer, helping to fuel a renaissance in Texas crude.
In fact, in March, Texas oil production reached its highest level since 1984. In all, the Lone Star State pumped more than 74 million barrels of crude, which means if Texas were a country; it would be one of the 15 largest oil producers in the world.
To put it into perspective the surge in Texas crude has been exponential...
In fact, as of this June, Texas controlled a staggering 48% of the oil and natural gas drilling rigs in operation today across the United States. Meanwhile, Texas holds a 26% share globally.
At the current pace of output gains, Texas’ production will likely surpass three million barrels per day (BPD) by year-end, putting it ahead of Venezuela, Kuwait, Mexico, and Iraq to become the equivalent of the ninth largest oil-production “nation” in the world.
the bottom line is zion needs to have revenue at home first before trying to hit it in a country where it has been most difficult to find. but instead, major losses for many shareholders...
not very smart....
more cheerleading from victor carillo..
rah rah rah....
where's the money coming from victor?
word's out when zion says they are gonna make zion drilling and don't, the shareholders aren't too happy. say what u do and do what u say... right?
Israel can find its own oil without the help of a foreign entity taking profits from their own resources.
article from JPost about Israel Oil/Gas
http://www.jpost.com/Israel-News/New-Tech/Foreign-investors-may-be-deterred-from-investing-in-Israeli-gas-experts-say-386008
we have had to spend time and money to prepare for next well?
they only thing that zion can do is wire an old hole...
they don't have money to drill anything...
they want/ask for 40 million to do so..
but the shareholders already lost everything they have given.
so its the titanic...and going down...down....down
catch 22... when they need the money to continue, but nobody will give it to them since they will lose it...
did anyone see the report of sec about victor carillo?
he lives on a mischief lane...hmmmmmmm
maybe they all do....
evangelist.... you speak of the money coming
but you refer to this collection as something that has yet to come, but it has already happened. many of us have been believers of this realm for many years and have given all the money we can, but when that money purchased stock at nearly 10 dollars a share due to hype and after the attempts of not finding commercial oil, the SP dropped significantly as it was the true value of a company that is still in exploration mode. if God had us give our money at the time we did, and no crude was found, the question then becomes is there some learning lesson in it for the pain of losing a lot of money? I was watching the KBA conference going on at morningstar ministries that now holds the old PTL club facility near charlotte, and shawn bolz mentions how he lost everything due to economic issues and then was informed that he had to go through the experience to better relate to what God was going to do to restore things in the earth. there is a big push for the 7 mountain realm to advance and take over areas the enemy has control of. I know I don't have all the answers on why things happen, but the pain in losing money in something that was considered a sure thing and at the moment is going nowhere. all talk, no action. the part that really irks me is when the company told us they were creating zion drilling and they were to get their own rig. then it never happens, and then rinberg resigns. many have left, and the company tells us it was mutual departure. that is a lie. so we have christian people supposedly acting out biblical ways, only to be deceived by its leaders on the true goings on of our company. scratch that. I no longer have any shares. hard times had me sell what I did have at major loss. nothing I could do outside of praying for the finances to avoid selling. but didn't happen. so for those who are comfortable and going long, good luck, but my heart has been torn from me in this whole realm of oil in Israel. a boatload of shares in ness energy, and now zion.
maybe some day, the Lord will give me understanding as to why this all went down as it did...
Charisma magazine article...
Zion has ad in charisma magazine saying they intend to drill in mid 2015..
WITH WHAT MONEY ????
AS MANAGEMENT KEEPS BLEEDING ON WHAT'S LEFT IN THE KITTY...
why would u buy a stock just because its cheap when it can't do anything to ever go over the top? the number keeps going lower and lower and doesn't have enough money to drill anymore. outside of an earthquake forcing oil up to an existing capped well, the left over money will pay salaries until its all gone. they should rename the company titanic exploration....