Zion Oil & Gas Inc (ZNOG)

[tisdal]

Recent response from IR

Good morning,

IR has no problem with bringing posts from boards to our attention. With all the work and phone calls, we only get to them as a quick review.

IR will pass this on and encourage it be made aware to the board of directors.

Off the cuff, IR can mention a couple of things:

The executive team and board are aware of the desire for more frequent communication by some of our loyal shareholders. Can tell you that choices about releasing information have been discussed. Would state that if most of our loyal shareholders were to see all the various tradeoffs currently involved, they would agree with management. (IR tends to be the one that is asking for updates to happen, even if it is merely a repeat. IR will continue in this role while defending management’s weighing of reality “on the ground’ as to be conservative.)

On the 3D “volumetrics,” - Mr. KyOil may be correct in specific scenarios. However, that doesn’t apply to what we are doing. To release any “volumetrics” would be speculative. We always prefer to state our vision, our belief, and our work as non-speculatively as possible. Then, investors should temper their expectations accordingly.

We encourage our investors and potential investors to not invest with the hope of quick returns or expectations of great monetary returns. Just have a mindset that we work to bring blessing to Israel and, in return, we will be blessed (Gen 12:3). But HE blesses us in many different ways.

We will raise what’s needed when needed and from those willing to invest based on the limited tempered reality with a willingness for some to step out in faith. This has been the case for nine years with Zion. We have faith to do what often seems impossible but move forward with the best science in reality.