Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
All appears to be quiet as we enter the final week of the 1st quarter of the year. This is where it was said that we would be down in the hole trying out the new fracking methods. I find it interesting that the final day of the first quarter, March 31 st, just happens to fall on Easter Sunday. Could we already be down there, for a couple of weeks or even a few days now? Sure. They never said we would be notified once work began just that it would happen sometime during the first quarter. I’m not sure that Easter is a sign or not, but one thing I am sure of and that is once success begins, His fingerprints will be all over it!
The prophet Isaiah wrote a number of times that “The wealth of the nations would flow into Israel”. Other than oil, exactly how would that happen? The only question is it about to begin now? If they are going to start their exploration of MJ1 during the first quarter, then there are 15 days left for that to happen. Shorters should stock up on shares now in anticipation of a jump (probably small) in share price, while others think this could be what we’ve been waiting for. If we are not successful in this endeavor, I don’t see us raising the necessary $30 plus million to drill again somewhere else as I’ve written before so I put great hope, excitement and prayer that this is the time and geopolitically what it will take to get certain factions off Israel’s back!
Keep it up! Where two or more are gathered together in my name…
Married, Israel has proposed a 6 week cease-fire. Hamas has not agreed as of my last understanding. Idiots! I do see this as a perfect time to begin the new fracking techniques. After all we are in the 1st quarter of the new year. Join me in praying that this is the time God has set for Zion to bring oil to Israel.
Wish this update would have given us a date but sadly it was not to be. However the new date for investing was telling. End of the first quarter, as expected!
Actually the naysayers are out early. Whenever I call for a plumber or other workman, I get a range of times they may come. For example I’m told someone will be there between 10 and 2:00. Over time I’ve come to realize that it will usually be the later time. So when our last update said they would begin sometime in the first quarter (Jan, Feb, March ) I knew it would be March and most likely the end of March. So I’m not getting antsy, or whiney, or have my expectations high till then. And even then things in Israel could be worse than they are now. I believe they will begin work again on His timeline. He’s never early, He’s never late. His timing is always the same; It’s Perfect!
Actually, we can’t be sure they are not drilling. They have a bad habit of going ahead without letting us know, and then later notifying us they spud the well on such and such a date. Actually I prefer it this way instead of telling us a date down the road, and then not following through. They may be down in the well already, since it is already drilled working whatever magic they’re going to use. Just pray!
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!
So why am I excited about this soon and coming exploration? When I consider all the drama I’ve seen over the previous fundraising and drilling of the six holes, I wonder will it all be worth it this time. Why would anyone think it will be different this time? The last couple of holes have cost shareholders thirty + million with no sure result. Due to all these unsuccessful attempts, I don’t see the company raising this money again unless this latest endeavor finds oil and in massive quantities. Does He know this? Of course He does! If so why all the failures? This pattern of raising money and hope, causing the price to rise, and then failing to find oil thus dropping the price, was soon discovered by shorters who coming in with negative comments enabled them to keep the price low. The very first offering I sent in, $7500, and at $10 a share I received 750 shares. Today, if
I was to send in $50 at six cents a share I would get over 800 shares. Did He plan it that way so investors who believed in supporting Israel could benefit greatly themselves? Maybe the day will come so we will thank the naysayers for those of us who are loading up on shares for us and our loved ones. Let’s just hope they have enough sense to keep shares for themselves instead of loading up when the price is low and then selling when it looks like this may be our time causing the price to rise. If there are any folks out there who truly hate the company, then you may get your wish as I don’t see us ever raising another thirty million to explore somewhere else. Since I don’t hold to that position, and we have our backs to the wall, I hold to the belief that this is His will, so I envision success soon in 2024. If Kentucky Oil reads this, could you give us a possible timeline for this “fracking” method. Let’s say we have 4 dark spots to explore, are we talking days, weeks or months before we could know something and at what cost? Thanks in advance!
If you’re correct that we may have a relatively small reservoir, then it will be my opinion that the reservoir will be very very deep. How deep you ask? Like a river that never runs dry!
Apparently big oil is getting bigger by buying out smaller oil companies like Chevron taking over Hess. Reportedly Chevron paid $171 per share. This isn’t the only merger as of late. I would like to see Zion Oil hit oil and if the reservoir was big enough sell out to a company that has the resources to come in and do right by Israel. Drilling hole after hole over any large oil field, and bringing in an infrastructure necessary, is not exactly in our financial future. Providing 200,000 barrels a day for Israel would take us forever, much less having oil to export so this would benefit everyone who needs energy. Our stockholders would finally be able to see a return on their investment. And if by some chance our BOD wanted to continue we could still act as an oil exploration company in Israel or elsewhere in the world!
Here is an interesting video of about 8 minutes on oil. To access it type in: “ L Fletcher Prouty: Oil not a fossil fuel; it is the second most prevalent liquid on earth.”
I’ve put a lot of time and money as well as prayer in this company. Why? No doubt because of the foundation this company was built on, God’s Word. Deut. 33:19 says speaking of Israel, “ They benefit from the riches of the sea ( which I take to mean natural gas from the Mediterranean). Israel used to buy their gas from Egypt and now Egypt buys gas from Israel. Ironic, no? Finishing that verse says, “ and the treasures hidden in the sand”( could that be oil from on land). I think so. Genesis 49:25 says, “Blessings of the deep that lies beneath”. Maybe our reservoir will be small in size but deep. Anybody know of wells that should be dry by now, but keep on producing beyond their estimated lifespan? Then there’s Isaiah 66:12 saying “ I will bring you lasting prosperity; the wealth of the nations will flow to you like a river that never goes dry. Notice the word FLOW. Both gas and liquids “flow”. Never goes dry…I wonder!
My biggest disappointment over the years is the secrecy they maintain even when asking for monetary support. This should not be, for a Christian operating in the Holy Land. All that does is raise suspicion and chase possible investors away. But like you I assume, if He is in this, then the money will come and so will the oil. Thanks for giving us what we wished the company had given us!
I’d like to see Kentucky Oil comment on what we can expect to see in the near future. What will be the first thing they need to do followed by etc. The company is unlikely to give us a step by step list of steps they will be taking. Thanks in advance!
What a coincidence! Oil closed today above $90 a barrel. Why discover oil if the price is so low you can’t sell it for a profit? Who is in charge of time anyway? Hmmm
Great picture! So this morning I was reading Hosea chapter one. The last verse contains the name Jezreel which had a letter beside it indicating there was a footnote to read. Here’s what the footnote said: “This name in Hebrew means “ God sows “ and suggests growth and prosperity”. Being our drilling rig sits in the Jezreel valley, I couldn’t help but think “maybe just maybe”… Thanks for sharing that photo!
Right now the BRICS nations are meeting. What started out as 5 has ballooned to many more. Among this group are some of the highest oil producing nations in the world ie Russia, Saudi Arabia, Iran who is seeking membership, and I’m guessing Venesuala eventually. One thing they have in common is disgust for the United States. If they should decide to stop exports to the western nations, and with the greenies in control, where would we turn? Wouldn’t it be great if there was a country friendly to the west that had a never-ending supply of oil, ready to sell? Could this be why He has stopped Israel from going any further with us until everything was set-up for a monumental discovery! “…I will bring you lasting prosperity; the wealth of the nations will FLOW to you like a river that never goes dry”. GNV
You are so right! Regarding the sun causing cancer, read Psalm 121 verse 6. It has always been there for folks to read.
Don’t be in too much of a hurry to receive the license. As Tisdal said, the license is a given. In the meantime, get as many shares for you and your family as possible. How about enough for your children so college costs when it comes will not be an issue?
Yes, with oil at $70 a barrel. We all wonder why we need 14 members on the BoD. But isn’t 14 just two more sevens?
So we’re about to explore our 7th well (that’s what they called it if you watched the yearly Board meeting), when we receive our 7th license, possibly in July (the 7th month) and our stock is selling for 7cents. If we get the license on July 7th I’ll start to believe a message is being sent!
I agree. Going back into well #5, some would label it well #7. Seventh license, seventh well. BTW, seven means perfection or completion in biblical speak!
This latest deal has some interesting possibilities. They’re only asking for a relatively small amount. If they were going to drill another hole it would take $30+ million. The reason is that they want to explore our fifth well that has already been drilled. It’s a good thing as they would not be able to raise more. Now if this doesn’t pan out it’s safe to say we are through drilling in Israel. So for those that have the faith that He really did call John Brown to find oil in Israel, then I would assume this last shot at success will work and you should invest accordingly. Otherwise we will need to pick up the drill and back to Texas we go. That’s not the end of the world as I assume Victor Carillo still resides there and as a former Texas oil man he could get the company set up with a lease in an area that has possibilities. Didn’t he use to run that department for the state of Texas? This could make raising funds possible once again. We as shareholders could visit the site chosen anytime we wish. No more lies and no more secrets. There is a 60% chance I may invest a small amount in this last endeavor to find oil for Israel. Why? When pushed to the wall I’ve never known Him not to come through if it’s His will.
Years ago now, Egypt stopped selling gas to Israel. Very soon after that a huge find of gas was located in the Mediterranean and now Israel sells gas to their neighbors. Anybody surprised? I’ve even considered that could happen to Israel regarding oil. So I saw this article today by Simon Watkins titled, “Russia and Iran look to strengthen grip on global oil markets”. The author says when a senior government minister of either Iran or Russia says that the two countries are now experiencing a ‘golden age’ in developing relations between them then it’s a pretty safe bet that one or more countries are going to be in serious trouble pretty soon. I wonder who they mean. So maybe this will actually be our time.
You might be interested in why he chose to drill where we originally did. He found an old map from an old Bible that had the land of Mannasah shaped like a head. Check out maps of Israel in the back of your Bible and see if you agree. By the way, going back to MJ1 to see if we missed something is a repeat of hole number 3. After hole number 4 was a dud, the board voted to spend a million dollars to go back to retest hole number 3. This hole looked to be the real thing as flames of fire were pouring out out of the whole where we thought we had a hit a gas well, but sadly it eventually burned itself out. History is repeating itself I’m afraid. February will be my 19th year with the company and I’ve invested six figures with the company so I’ve put my money where my faith is. There will be my best wishes but no more financial support. The big question is, is He helping us?
Sadly , yes. Look up Psalm 108 verse 8 in the NIV or NKJV or the Good News Version and you will see it refers to Ephriam ( Joseph’s son) as the “ helmet” . Could that be a reference to finding oil on the “head of Joseph”? It sure hasn’t been on Manasseh. We’re drilling there because Manasseh is also a son of Joseph but he was not the son of promise. He was simply the first born and has a huge land portion. I am not happy any more than you, but doing the same thing over and over and expecting different results is the very definition of, well you know!
Maybe we’re on the wrong son of Joseph!
This is one job where everyone should be on the clock! If oil is there we would be swimming in it by now.
Thanks! I have plans to help my twin grandchildren (16 years old) but never spend big dollars unless I have the money in my pocket. Let’s hope this is it. Keep posting!
Kyoil, kudos to you for an encouraging post. Here have been my thoughts for a while now. Months ago I posted on the number of our well (6) and what numbers mean. Six is the number of sin and the number of man. Seven is the number of completion and eight is the number of a new beginning. The only question I ever had would He use these numbers when drilling for oil in Israel. I didn’t look for this well to be the gusher we all hoped for, but I thought we would be able once we reached total depth to drill on an angle or even horizontal to those sweet spots 3D had shown, and if successful then that would be the seventh hole even though the oil would come up the sixth bore hole. I’m not aware that ever happened since they rarely communicate what’s going on. So I hoped at the very least, this well would point to a place to drill #7 and # 8 which would complete our search for oil in Israel. I wanted to encourage investors not to sell their shares right before our success. Your post and some other’s comments have done what I don’t think I would have accomplished with my post. Seeing that our new man has done horizontal drilling gives me hope that he’s willing to try whatever it takes. Either way we should all hang in there at least until Sept. 30 th .
You’re not alone!
I agree!
I’ve always found it interesting that most English editions of the Bible use the word “spoil” in Ezekiel 38. Ever notice the last 3 letters in the word “spoil”?
All the things I wrote that aren’t opinion are true especially quotes from the Bible. I don’t know how the charts are put together so I can’t respond to them, but I enjoy looking at them. Because the quotes from Isaiah come from the end of his book, some of them may refer to the millennium which would mean oil for a thousand years. It has been a long wait but I feel the time is now right. I trust even now they are testing and retesting their estimates of oil, even calling on others to give a second or third opinion. I don’t think the company would publish any numbers without being as sure as possible of their findings. But I also never spend money I don’t yet have. I believe He saved the best for last!
Part 2: Following up on yesterday’s post. In the world today, Venezuela has the largest KNOWN oil reserves at over 300 billion barrels. Saudi Arabia is next at 266 billion. And yet just a few years ago, the citizens of Venezuela were killing zoo animals for food. What gives? Why aren’t they the richest nation in the world? How about Saudi Arabia? Where are their promises for the future? Right now they are investing in other things as their oil pumping days are coming to an end and they are aware of this. Only little Israel has a land grant and promises concerning the land. They are the breadbasket to Europe and grow flowers that are shipped around the world. There is another item that comes out of the earth that is both valuable and necessary to the planet. I believe Zion Oil has found that commodity and in a large quantity. I also feel that amount is larger than the two forementioned amounts listed above. When this comes to light I expect a huge jump in PPS. Possibly a stock split will be needed to make our stock available to the average investor. Who would purchase our stock at a high price you might wonder? Every private and public pension fund manager, that’s who. The Isaiah passages I listed yesterday, all use the word “ nations” not world ie “ the wealth of the nations will flow into Israel”. It’s as if individual countries will be going to Israel to inquire about purchasing something they need but don’t have and Israel does. Hmm.. what could that be? Sorry lishious, but if you divide your estimate ( a seemingly great number ) by 90,000,000 (the number of barrels used daily by the world) you get 444. That’s the number of days before running out of oil if we were the only nation with oil( not possible, I know). So here is my guess as to how much oil Israel will have. It’s a number at least ten times greater than yours. Venezuela 300 billion, Israel 400 billion and I’m probably low. John chapter 2 last part of verse 10 says “ He saved the best for last”. Now if Tisdal or Ryan takes my number and comes up with a new PPS, everyone will laugh. Can’t happen! So do me a favor. Close this page, find a search engine and type this in, “stock price for Berkshire Hathaway class A”). So how crazy can my estimate be for shares of a company producing the number one commodity the world needs to be first world, not third world? There is also a Berkshire Hathaway B and I’d be satisfied with that price as well. However if our initial find is not as large as either of us think, remember we still have 98,999 acres to explore.
Part 1: While we’re all waiting on some big news, I’m hoping they won’t announce a discovery without giving us an estimate in barrels as to how much oil is there. Here’s why. On various charts that have been presented, different amounts are listed with a possible PPS. I usually check the last line to see what each share might be worth. What we really need to see is how much oil we might be making available to Israel and the world and for how long. Take 500,000,000 for example. Israel uses approx. 250,000 barrels a day. So 500,000,000 divided by 250,000equals 2000. That’s how many days of oil we think we have. Divide that by 365 and you get a find that after drilling for nearly two decades we run out of oil in about five and a half years! In other words half a billion is nothing! But wait! Isn’t our expectation that Israel will become an exporter to the world? The world uses about 90,000,000 barrels a day. So let’s pick a big number like ten billion( that’s ten followed by nine more zeroes) and divide it by ninety million. The answer is it will be enough oil for the world for 111 days. I realize we won’t be the only producers of oil but you get the picture. According to the Word, the wealth of the nations will flow into Israel(Isa 60:11, Isa 61:6, Isa 66:12). How will that happen without a really scary number? More tomorrow/ part 2.
If our company is truly prophetic, then interesting things should be happening. 1. The world is running out of oil. 2. Current admin. is stopping the U.S. from drilling. 3. Prophecy posts I’ve shared in the past show 2022( Ps 122 ) bringing prosperity to Israel and those who love Israel. 4. The company has gone silent ( not really new ) but hopefully suspicious. 5. Worried about our oil field being attacked? Read an article by Laurie Kellman about Israel’s new missile defense system called the Iron Beam. These things are what I pay attention to that give me hope!
Today Russia has decided to turn off the oil and gas tap to nations allied with NATO. I wonder where these nations are going to get their energy from?
The thing that disappoints me the most is, as the owners of this company we are completely left in the dark. Since when do the managers of any company, not inform the owners what is going on? Part of the enjoyment of investing in a company, is the anticipation of their success in small matters looking forward to bigger success. After 18 years we have a right to know exactly what’s going on at all times. If John Brown didn’t want others to know, he shouldn’t have taken it public. Of course Zion Oil wouldn’t be, without our interest and our money. If he likes, let him do an Elon Musk and buy the company back. I have no doubt we will achieve our goal this year. But I don’t want to be surprised. I’d like to know how close we are now!