Replies to post #14998 on Zion Oil & Gas Inc (ZNOG)

[tisdal]

Today with Israeli Petroleum Commissioner working on wording.

* THIS IS SPECULATION!! **

Zion Oil and Gas in Cooperation with the Nation of Israel Announces the Oil of Israel.

- MJ#1 has discovered 5 different productive zones.

- The deepest zone is immediately producible through MJ#1 after Zion Oil and Gas completes their full testing protocol.

- Zion's test results estimate at least 50Bbbls in the oil field.

- Zion estimates a $50 NetBack per barrel.

- The MJ#1 will move to production at the full completion of our test protocol while Zion Oil and Gas begins drilling MJ#2,3,4,5, ETC. to gain access to the other 4 zones of production.

- Zion will be required to raise another $50M to complete these tasks.

- All financing will be provided by the Nation of Israel under favorable but undisclosed terms.

- As a condition of this financing, Zion Oil and Gas is happy to announce that the Israeli Petroleum Commissioner has accepted a seat on the Board of Directors for Zion Oil and Gas.

Shalom