Thriving in Tough Times 1
March 17, 2009
<!– /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:”"; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:”Times New Roman”; mso-fareast-font-family:”Times New Roman”;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.3in; mso-footer-margin:.3in; mso-paper-source:0;} div.Section1 {page:Section1;} –> Part 1: Adopting a Christian Worldview “I have told you these things, so that in me you may have peace. In this [...]Zion Licenses Fit Israeli Gas Infrastructure
March 16, 2009
Yesterday a friend reminded me of Israel’s gas pipeline infrastructure. That’s important now that Israel has discovered natural gas. There must be some infrastructure in place to get gas from the well site to where it will be used for energy (mostly power plants).
The Tamar #1 discovery (5 trillion cubic feet) is 80 kilometers off the coast of Haifa. That means in order to bring that gas to market, a pipeline will have to be built from the offshore rig to Haifa and then to the existing Israeli pipeline infrastructure. Noble Energy, primary partner in the Tamar discovery estimates it will be three years before gas from the discovery actually reaches the market. Others in the industry estimate longer.
But then a light went on in my head. I remembered seeing a map of Zion Oil’s license areas and Israel’s existing and planned natural gas pipelines. Here’s the map:
Israel’s existing natural gas pipeline runs north just off the Mediterranean coast. The reason for its current location is to supply fuel for power plants along the coast. Construction is underway for a trunk line to the Hagit and Alon Tavor power plants inland. Another trunk line is planned for this year, running from the coast to the area of Zion’s Ma’anit #l well site. Remember, Zion’s immanent Ma’anit Rehoboth #2 well will use the same wellbore as the Ma’anit #1 - it’s in the same location. Should Zion find gas instead of oil or gas and oil in the Ma’anit #2 well, they would have a built in pipeline infrastructure. In the event of a discovery, they could be supplying natural gas to Israel before the offshore discovery comes on line!
I asked a friend and very high placed source of mine from Israel today about the pipeline. He confirmed what I just laid out and went a step further. There’s a manufacturing plant a few hundred yards from the Ma’anit Rehoboth well site. This plant currently uses diesel fuel to fire its boilers. It has requested to be first in line to buy any gas produced at the Ma’anit Rehoboth site. So there you have it! The greatest natural gas discovery in Israel’s history and Zion, God willing, may beat them to the market. But remember this is all just speculation. Zion has to find the gas first. And, of course, they could find oil - which is what we’ve been looking for all along.
Related posts:
- Israel Discovers Massive Natural Gas Field: Is Oil far Behind? An Interview with Richard Rinberg CEO of Zion Oil and Gas
- Zion Stock Trading Over $8.00
- Zion Oil Announces Revised Drilling Schedule
Following Zion’s Stock Price
March 12, 2009
We have received quite a number of telephone calls this week and many callers were asking us the same question:
We can’t and don’t comment on our stock price because… we really don’t know any more than you.
Zion stock is traded on a public market, so any member of the public or maybe an investment company can buy or sell stock, just as they wish.
We have no control over the Zion stock price in the public market; the stock price just reflects the actions of those trading that day.
What we can assure everyone is that the purchases and sales are not due to any information that is not publicly available.
We can also assure you that we are working towards long-term shareholder value and in the long-term, we believe, short-term fluctuations are irrelevant.
Thank you for your continued support of Zion.
Gosh … kinda what I’ve been saying.
Related posts:
- Israel Discovers Massive Natural Gas Field: Is Oil far Behind? An Interview with Richard Rinberg CEO of Zion Oil and Gas
- High Tech Entreprenuer, Nir Barkat, is Jerusalem’s New Mayor
- Zion Oil Stock Receives A+ Rating
Making a Great Sponge
March 11, 2009
“Consider it pure joy, my brothers, whenever you face trials of many kinds, because you know that the testing of your faith develops perseverance. Perseverance must finish its work so that you may be mature and complete, not lacking anything.” (James 1:2-4) I used to work for a company that made sponges from [...]How to Walk on Water
March 6, 2009
“‘Lord, if it’s you,’ Peter replied, ‘Tell me to come to you on the water.’ ‘Come,’ he said.” (Matthew 14:28-29) You’ve got to admit, walking on water is a pretty neat trick. Only two people in history are reported to have done it and one of them was the Son of God. Peter, [...]










