Zion Oil & Gas Inc (ZNOG)

[tisdal]

Jerusalem Post: Oil in the North

Moses Blessing Coming to Life

Moses’ blessing to the tribe of Asher regarding oil in the allotment of land is continuing to come to fruition, as Zion Oil & Gas announced Tuesday that it has definitely found oil and it is nearing testing the well for commerciality.

Zion Oil & Gas was founded for the purpose of exploring for oil and gas in Israel and reaching production levels that would help Israel become an energy independent country. Zion Oil & Gas, a Delaware corporation, explores for oil and gas in Israel in areas located on-shore between Haifa and Tel Aviv.

From its inception, the calling of Zion Oil & Gas has been to assist Israel in the restoration of the Land by finding and producing oil and gas helping to make Israel politically and economically independent.

With the news, Israel will now be providing both Egypt and Jordan with natural gas. Israel was at war with the two countries before signing peace deals, but have always had a cold peace with the two neighbors.

By doing so, Israel is moving one step closer to Isaiah’s prophecy of warring nations putting down their swords: “They will beat their swords into plowshares and their spears into pruning hooks,” the prophet said in 2:4. “Nation will not take up sword against nation, nor will they train for war anymore.”

According to Globes, Zion Oil’s shares can be described as high-risk because the firm has never produced oil and despite the cautious optimism, it may actually never do so. But, despite being dependent on other nations for its oil needs for all of its history, Israel is starting to attract other countries to the Holy Land for its natural resources: “Come, let us go up to the mountain of the Lord” (Isaiah 2:3).

What a great article!