Zion Oil & Gas Inc (ZNOG)

[dby03]

Now that's some interesting info.

Particularly -

"Exxon executives held talks with Israeli Energy Minister Yuval Steinitz in Houston this week about bidding for the right to explore and pump oil from offshore blocks in an auction that Israel will hold in June, said the person with direct knowledge.

Exxon, the world's largest publicly traded oil company, recently acquired a $50,000 data package from the Israeli energy ministry for the auction, the person said.

An Exxon team also visited a data center set up by the ministry in Jerusalem, the source said. That center holds detailed information about the geology of the sub-sea rocks, believed to hold up to 75 trillion cubic feet of gas and 6.6 billion barrels of oil, according to estimates.

Exxon declined comment. Israel's energy ministry declined comment."

That Yuval Steinitz has been a busy guy over the recent past.