Zion Oil Applies for Issachar-Zebulun License
February 24, 2009
Zion Oil & Gas applied today for an additional 245,000 acres of exploration area in the biblical lands of Zebulun and Issachar. “… for they [Zebulun & Issachar] shall suck of the abundance of the seas, and of treasures hid in the sand.” (Deuteronomy 33:19) The applied for license area also includes the valley of Megiddo. If Zion is extended the new license area, the company’s total area under license will grow to 400,000 acres.
In today’s letter to ‘Shareholders and Friends of Zion”, CEO Richard Rinberg also reported on progress with the company’s drilling contractor, Alladin Middle East: “On February 20, 2009, two senior executives from Aladdin Middle East Ltd (AME), in Turkey, visited our office in Dallas. We met with both AME’s Business Development Coordinator and Drilling Manager as, in September 2008, we contracted with AME to use their 2,000 horsepower drilling rig to drill our Ma’anit-Rehoboth #2 well. (You can see the location marked on the map diagram above.)
They informed us that they have now fully disassembled the drilling rig into eighty loads, in preparation for transit from Ankara to Israel. They told us that there is no shortage of vessels for shipping the rig to Israel and they expect, once the rig has cleared customs at Haifa Port, that they will require only nine days in which to rig-up (i.e. erect) the drilling rig.
Both Zion and AME have submitted all the crew documentation requested by the authorities in Israel; we now wait for confirmation that Israel has granted the Turkish crew worker permits. As soon as confirmation is received, the drilling rig will start its journey to Israel.” By the way: Zion stock closed at $17.27 today. Unbelievable. (See Genesis 12:3)
Related posts:
- Zion Oil & Gas Signs Drilling Contract
- Zion Oil Announces Revised Drilling Schedule
- Zion Oil & Gas Newsletter October 2008
Success is a Tricky Business
February 24, 2009
“My grace is sufficient for you, for my power is made perfect in weakness.” (2 Corinthians 12:9) I was on the phone with my buddy John last week and he mentioned something Jesus said in 2 Corinthians. Being the red letter expert I am, I informed him that Jesus didn’t say anything in [...]Zion Oil Stock Receives A+ Rating
February 21, 2009
Remember folks, you read it here first.
Zion Oil & Gas stock closed at $12.50 yesterday, Friday, February 20. On Monday’s issue of Investor’s Business Daily (that right Monday’s issue) Zion stock will carry an A+ rating.
What does that mean? IBD ranks stocks by a proprietary system ranging from A - E. According to IBD, ‘A’ stocks outperform more than 80%of the market; ‘E’ stocks perform worse than 80% of the market. ‘A+’ is at the top of the top (you can read more about the IBD ranking system here: http://www.investors.com/ibdhelp/helpglossB.asp?helpID=156).
Zion Oil continues to shine in a dark economic environment. I’ve had people ask why the stock is going up so steadily in this terrible market. And, of, course they’ve given me their opinions about Zion’s performance. Here are three reasons for Zion’s increasing stock value that I gave to a http://oilinisrael.net reader this week
1. The Haifa gas discovery is close by and proves massive hydrocarbons in the area.
2. Zion has proven themselves to be a real company - not a fly by night. They do what they say they’re going to do.
3. The announced subscription offer is a great deal - but only to those who already own Zion stock.
It’s pretty simple folks. Now it looks like the rest of the world is catching on.
Related posts:
- Expect Stock Surge in US Oil and Gas Companies Exploring in Israel
- Zion Stock Trading Over $8.00
- Zion Oil & Gas Newsletter October 2008
Celebrities and False Prophets: Looking Behind the Curtain
February 20, 2009
“Watch out for false prophets. They come to you in sheep’s clothing, but inwardly they are ferocious wolves…. Not everyone who says to me, ‘Lord, Lord,’ will enter the kingdom of heaven, but only he who does the will of my Father who is in heaven.” (Matthew 7:15, 21) We’re still in the red letters. If [...]Zion Oil Tankers?
February 20, 2009
Oil In Israel follower, Bob, sent over a couple of photos he ‘made’. Keep up the optimism Bob. We’ll see if we can’t get Zion to fill them with something.
No related posts.
Gas Discovery Already the Bright Spot in Israel’s Economy
February 18, 2009
One bright spot in Israel’s financial markets. Today Israel’s Haaretz news organization posted a fairly bleak story on Israel’s financial markets. (http://www.haaretz.com/hasen/spages/1065141.html) Nothing new in that; stories of down markets are the daily fare in the midst of our worldwide economic meltdown. There was, however a bright spot (brilliant bright!) “Isramco, a main partner in the Tamar-1 exploration that found the huge field of gas off the Haifa shore, exploded upwards again, closing 24% higher on huge turnover of NIS 90 million.” Stock value in Delek Group, also a partner in the Tamar-1 gas discovery, has more than doubled in the last two months. Could Israel’s massive gas discovery (and possibly and oil discovery in the near future) play a major role in saving Israel’s economy? It looks like it already is. Just so you know, here are the partners in the Tamar -1:
Who all is involved in Israel’s offshore gas discovery? Just so you know, here are the partners in the Tamar -1:
1. Noble Energy: 36 percent (Houston, TX, ticker symbol: NBL - NYSE, http://www.nobleenergyinc.com)
2. Isramco Negev: 28.75 percent (Petach Tikvah, Israel, ticker symbol: ISRA.L - TLV)
3. Avner Oil Exploration: 15.625 percent (Petach Tikvah, Israel, ticker symbol: AVNR.L – TLV)
4. Delek Drilling: 15.625 percent (Netanya, Israel, ticker symbol: DEDR.L –TLV, http://www.delek.co.il )
5. Dor Gas Exploration: 4 percent (Yakum, Israel)
Related posts:
- Israel Discovers Huge Natural Gas Field
- Haifa Gas Discovery Bumped to 5 Trillion Cubic Feet
- Israel energy stocks surge on large gas find
Russia Tried to Buy in to Israel’s Gas Discovery
February 18, 2009
New Gazprom Headquarters in St. Petersburg will be the tallest building in Europe.
New’s of Russia’s interest in partnering in Israel’s Tamar-1 gas field came out in court this week.
“Gazprom has been trying to enter the Israeli energy market for years. Missing out on the Tamar prospect is a major loss, because the gas discovery at the prospect would have enabled the company to become a major supplier to Israel and other countries in the Mediterranean Basin.
The Tamar discovery also puts an end to possible Israeli gas imports from Russia via Turkey via the proposed undersea infrastructure conduit, which would have cost $2-3 billion to build.
Yossi Levy said in response, “There were preliminary talks with Gazprom after BG Group announced that it was quitting the Tamar prospect in 2005. Gazprom was interested in the exploration, but no deal was reached.” (source: http://www.globes.co.il/serveen/globes/docview.asp?did=1000426758&fid=942)
Ezekiel 38 speaks of God putting “hooks” in the jaws of Gog (Russia), drawing it down into Israel. Very interesting that Russia is already at work to secure the Mediterranean energy market. Could this be the beginning? We’ll stay on top of this story.
Related posts:
- Haifa Gas Discovery Bumped to 5 Trillion Cubic Feet
- Natural Gas Exploration to begin off the Haifa Coast
- “Energy Independence” by Nathan Jones
Zion Oil at a 52 Week High
February 18, 2009
Zion Oil & Gas one of only two companies on NASDAQ to hit 52 week high on Tuesday. Zion stock price closed at $10.38 on Tuesday. Zion is also now a part of the Small Cap Investor 25 Composite. Not bad for a little company from Dallas looking for oil in Israel because the Bible said it was there. (source: http://smallcapinvestor.com)
Related posts:
- High Tech Entreprenuer, Nir Barkat, is Jerusalem’s New Mayor
- Zion Oil Announces Revised Drilling Schedule
Breaking the Treasure Code
February 17, 2009
| Buy Now and Save 20% $14.95
$11.96 |
“Click here to sample Breaking the Treasure Code: the Hunt for Israel’s Oil” |
To Buy Multiple Copies Us the Buy Now Button Below
Buy Now and Save 20% $14.95
$11.96
- God’s promise to Jacob’s children - for the Last Days
- Exactly where Israel’s oil is located - revealed by maps of Israel’s ancient tribal territories
- Who is exploring for Israel’s oil today and which companies claim they have already discovered it!
- What a massive oil discovery will mean for Israel.
- What a massive oil discovery in Israel will mean for the rest of the world.
- Will this really be the beginning of the end?
If you haven’t read Breaking the Treasure Code: the Hunt for Israel’s Oil, buy it now! And pick up an extra copy to pass along to a family member, friend or pastor now!
Reviews:
“Israel? Proven reserves? Billions? When I read those words, the hair on the back of my neck stood up … By the time I sat down to write Jihad, I had decided to add a fictional oil strike - discovered by a fictional American investment company working with a fictional Israeli company … Little did I know.”
Joel Rosenberg, Author of the Last Jihad series and Epicenter
“If you read one book on Israel in prophecy this year, pick this one.”
Joseph Farah, World Net Daily
“‘Breaking the Treasure Code’ is both fascinating and relevant …”
Jack Kinsella, The Omega Letter
“A substantial oil discovery in Israel would profoundly affect her future and surely send shock waves throughout the region.”
U.S. Congressman, Bob Inglis
“… based on Biblical truth and is grounded in scientific and geological studies and a book for today.”
Pastor Donald V. Glazier, Cedar Rapids, Iowa
“If you have the slightest interest in 21st century Biblical Prophecy, Israel, and oil, this compelling Biblical based book is for you!”
Dr. Roger Luther, Southeastern Baptist Theological Seminary (retired)
For a limited time – with your order, receive a free Audio CD (MP3 format) of Epicenter author Joel Rosenberg, Zion Oil founder John Brown, and Breaking the Treasure Code co-author Steve Spillman in a 60 minute radio interview discussing the discovery of Israel’s oil and its implications on world events.
Want to order this book by phone or mail? No Problem! Just call toll free (888) 543-8028 (ask how to save shipping expense on multiple copies!) or mail a check for $16.96 ($11.96 + $5.00 shipping) along with a note that says “BTC Special” to True Potential Publishing, PO Box 904, Travelers Rest, SC 29690
Order now!
Haifa Gas Discovery Bumped to 5 Trillion Cubic Feet
February 10, 2009
The pre-drill gross mean resource potential for Tamar was originally estimated at 3.1 trillion cubic feet (Tcf) of natural gas. Immediately following discovery, we estimated the gross resource potential to be at least equal to the pre-drill mean estimate. After analysis of all the post-drill and production test data, the estimated gross mean resource potential of Tamar has now been increased to 5 Tcf.
The Company and its partners have elected to keep the Atwood Hunter, a semi-submersible drilling rig, offshore Israel for two additional wells. Subsequent to operations at the Tamar #1 well, the drilling rig will proceed to the Dalit exploration prospect in the Michal license. Dalit has a pre-drill gross mean resource of about 700 billion cubic feet of natural gas with an approximate 40 percent chance of success. Located in 4,500 feet of water and 28 miles offshore, the well has a proposed total depth of about 12,500 feet. Immediately after concluding operations at Dalit, the rig will be relocated to Tamar where it will drill an appraisal well to further define the resources of the structure.
Charles D. Davidson, Noble Energy’s Chairman, President and CEO, said, “The test results from the Tamar well confirm our initial analysis that the discovered reservoirs are very high quality. This discovery is clearly of a size for commercial development. We hope to extend the success in Israel by testing Dalit, our second prospect which is already covered by 3D. Discussions with our various partners are currently ongoing with plans to potentially conduct new seismic over our additional leads on other licenses in the area. Each incremental piece of information gathered is critically important as we continue to learn more about the potential of the Tamar discovery and this highly under-explored region. The implications of this discovery to Israel, Noble Energy, and our partners cannot be overstated, and we all have committed significant resources to better understand its scale and scope.”
Noble Energy operates both the Matan and Michal licenses with a 36 percent working interest. Other interest owners are Isramco Negev 2 with 28.75 percent, Delek Drilling with 15.625 percent, Avner Oil Exploration with 15.625 percent and Dor Gas Exploration with the remaining four percent.
Noble Energy is a leading independent energy company engaged in worldwide oil and gas exploration and production. The Company operates primarily in the Rocky Mountains, Mid-Continent, and deepwater Gulf of Mexico areas in the United States, with key international operations offshore Israel, UK and West Africa. Noble Energy is listed on the New York Stock Exchange and is traded under the ticker symbol NBL. Visit Noble Energy online at www.nobleenergyinc.com.
Related posts:
-
Best Sellers
