Zion Oil and Gas Inc (QB) (ZNOG) Quote

Pictures of the MJ01 worksite this past week!
https://stkt.co/ofkJcbC2

I like dreaming too

Sometimes they even come true

"A dreamer is one who can only find his way by moonlight and his punishment is that he sees the dawn before the rest of the world." Oscar Wilde

surrounded by nations with oil, why not Israel too

Day Dreaming!
Would it not be wonderful if Zion opened MJ1
and find after being closed all this time that oil would be flowing! I know just dreaming!

It was excellent.

I was in a meeting yesterday and could not make the Prayer Meeting - how was it ???

As we are not insiders and not privy to certain info we must be optimistically cautious which I think most here are that way.
HOWEVER, some inside info might just be pointing to a revelation??

Yes sir, but no one knows God's timing or his plan. History shows the path is zig zaggy and filled with pot holes.
Who knows, maybe another Seige of Masada is in store. Just saying. I would say to John, don't get to cocky. It's not worth jumping
off the fortress wall. Hang on sloopy, sloopy hang on. There is always another day and another hole to punch
which may be the honey pot. Onward Thru Da Fog!!

It also would bear keeping a close eye on the acreage that was dropped off. Who got it or not?
Never hurts to be aware of all the parts of the formula. Just saying.

Totally agree rich2. I've been in this one for a long time. Been buying recently, as I want to keep my percentage of ownership the same or greater as they issue and sell or shares. Especially now as things are looking more promising again with the re-entry.

For such a time like this.

Hello my friend, we must think a lot alike

I believe I was a little low on this stock, bought some more today I believe that Israel will get blessed real soon

sometimes the blessing comes when it darkest

It has been said that the darkest hour is just before dawn

If your so inclined, you can sign up for the prayer meeting next Tuesday at 1:30 pm

https://us02web.zoom.us/webinar/register/3217212431293/WN_VT-FMAP5T4e2GWcGt__EZg

KyOil, what are you thoughts regarding Zion’s latest update? Are you optimistic?

So MJ1 should be opened by the end of the month! Could 2024 be the year?

LOL!

Old JB speaks!
https://mailchi.mp/zionoil/02369578-386166?e=4e97ae8d53

View this email in your browser

July 18, 2024

Dear Zion Shareholders and Supporters,
As of the writing of this update, field operations remain on schedule, and our rig is now positioned over the MJ-01 wellbore. Repairs and maintenance, as well as the inspection of the rig, have all been completed successfully. All necessary wireline equipment for the project has been mobilized with additional essential items from India, China, Romania and Greece currently in transit for the final stages of operation.

Lord willing, this week will mark a significant milestone, as we actually re-enter the MJ-01 wellbore. This initial phase of the recompletion project involves drilling out the plugs and nearly 625 meters (approximately 2,050 feet) of cement in the well. This process should take us to the end of the month, at which point we will run a series of wireline tests and casing integrity tests to ensure that the wellbore has withstood the past six years of high temperatures.

If all goes as expected, we will then proceed with the perforation, stimulation, and well testing portion of the project. Based on our planning and careful preparation, we hope and anticipate the project will move toward completion at a reasonably efficient pace at that stage. Please note, of course, that the ongoing conflict in the north of Israel may cause unexpected changes to our schedule, so we will need to remain flexible.

Your prayers and support are invaluable as we press forward in these unprecedented times. We are excited for the future and will share more updates with you in the coming weeks.

Thank you all for being such an integral part of our journey for Israel's oil.

Robert Dunn
CEO, Zion Oil & Gas, Inc.
Monty Kness
VP of Operations

Interesting Day to say the least

That makes sense!

I'm not sure either Cool, but if I was guessing it could be that ZN is "attempting" to conserve money at this time.
Why lease a 20x30 Storage when you can get by with a 10x20.
Maybe ZN found enough Shale Oil in this spot and sees no further need into exploring others.
We have 200 questions that ZN will not answer, so we plod on.

Not sure this means anything.
Zion Oil old License had 99000 acres

We are thankful to announce that we received an extension for our 99,000-acre Megiddo-Jezreel License for six months, from August 2, 2022, to February 2, 2023.

Zions new License has 75000 acres.

This exploration license 434, similar to Zion’s previous exploration licenses, will be valid for three years until September 13, 2026, with the option of four 1-year extensions for a total of seven full years until September 13, 2030. This new license includes approximately 302 square kilometers or about 75,000 acres.

IRisky, I would love to provide you with a detailed analysis in response to your question but unfortunately, I have no clue.

Bruce.... I am more than elated that you are seeing some possible light at the end of this tunnel.
Thank you for your favorable response. I agree 1000% with you.
I am praying this is the answer to our prayers.

But I have a question for "anybody" that would have a comment on this:

Is it possible that MJ01 or MJ02 is a VENT HOLE ?

Any fluid that is needed to FLOW creates a vacuum or negative pressure as it flows from one location to another.
(I don't know what the physics law is called) i think it's Bernoulli's principle but not sure.

Bruce or you a Yes or No?

Bruce It may be the first time it is used in Israel. I sure hope it still works!

Who cares if it's new and improved or not as long as it works.

I think the new and improved fracking fluid is just a marketing claim by the various oil services companies involved, where each oil service company advertises they have the best fracking fluid ever devised by man. About 20 years ago, I was visiting Halliburton engineering in Oklahoma regarding some fracking pumper equipment they were manufacturing, so I asked the obvious question when I saw their tanker trucks lined up in the storage yard - what do they use for fracking fluid? They told me that the composition of the fracking fluid was top secret, that all service companies in the business used a different proprietary mix, but that it was mostly water with additives that increased the fracking power of the water (perhaps a jell) and wouldn't damage the equipment. In addition, Haliburton's fracking fluid was the absolute best, and this was before the "green movement", but he stated the fluid/water was designed to evaporate away after they finished, leaving no chemicals or any detectable chemical residue behind in the hole. Apparently, that was a big thing 20 years ago, as I assume it still is to this day.

So, in other words, and if this sort of thing still going on today, the new and improved fracking fluid is most likely nothing more than, oh, say buying a box of Tide detergent, and comparing that to a box of Tide detergent stamped with the label "NEW AND IMPROVED", and looking at the difference between them. It's basically the same thing, with the new and improved merely being a marketing technique to gain an advantage over competitors.

I don't think people fall for the "new and improved" label on existing products in a store these days, but it's looking like the investors are going all in for the "new and improved" fracking fluid.

Oh, and the bit about using nitrogen for fracking, we were selling Halliburton our trucks for them to use as nitrogen pumpers 20 years ago, when I worked for the supplier, so again, it's sounding like new and improved "old" technology, here. Plus good marketing.

YES votes way ahead!

Rob says they will be using Nitrogen and Micro-proppants this may be what makes the difference. By Christmas we should have an answer.

Yes, absolutely. Timing has to be right for comercial flow.

Yes, and he speaks clearly and can find his way off the drilling platform without getting lost or falling down. He has my vote.

Aw, yeah, except John Seery has 0 shares. When you read Form 4s for insiders, Table one are shares, Table two are options. As awards for being a director, he was granted well over a million options, but no shares.

Ok good info… Zion has newer technology than that used in MJ02.

Just went back to the ASM.
I believe one of the Question and Answer
Question was could Zion go back into MJ2 and use the new technology and Rob said yes.

Yes, sounds like fracking.

It sounds as though they are for the first time
Going to implement the technologies etc.
From Zion site.
Drawing from our further geological understanding of the MJ-02 well and our MJ #1 well (which confirmed an active Petroleum system in MJ-01 in 2018), we're now planning to implement advanced technologies and innovative stimulation techniques. These new approaches will be utilized to potentially unlock both previously and newly identified zones of interest.

It would make more sense for him to retire before any big announcement so it doesn’t look suspicious if he sells?

Relax. John Seery is 79 years old.

Is the “new stimulation technology” actually fracking? Because I was thinking this “new” technology was used in MJ2. I guess my actual question is, is the technology to be used in the re-entry to MJ1 newer than that used in MJ2?

Soooooo, why did John Seery resign from the BOD if we are weeks away from discovering oil? Not a good look. And we are past due for a progress report.

Yes, I believe there’s lots of oil.

Now we’re getting back to what this board is intended for!
With recent advances in energy technology, oil reserves which were previously inaccessible and too expensive to extract are now being able to be developed. Zion Oil & Gas recently announced its interest in developing a large shale oil deposit 30 miles west of Jerusalem. These deposits comprise the 3rd largest shale oil reserve in the world and expect to yield 250-500 billion barrels of oil. Many experts believe that Israel has a volume of oil in this reserve and other undiscovered shale oil reserves equivalent to that of Saudi Arabia.
Licenses are granted subject to demonstrating capabilities such as financing ability, experience and reputation. Given the recent developments, Israel has been more stringent in what companies it gives licensing rights to, given the rapid increase in applications.

YES.... I believe that Israel has Oil and LOTS OF IT !!!!

If you care to look at this video.... it's an Hour long ..... go to 57:00 (if you don't want to watch the entire vid)

it says that Israel has just a "tad" less oil than Saudi Arabia.

Looks as if the YES vote is out to a early lead!

Yes and I also believe there are other 3D sites even better.

So as Simon says on AGT it’s a YES for me.
Two exploratory wells drilled a 2d and 3D survey. Zion reentering MJ1 not moving from that site. Israel giving Zion new lease. Also the are allowing the new stimulation technology which is fracking. The oil is there how much we don’t know but I think Zion and Israel has a pretty good assessment of what’s there .

Just a point, Givot found commercial oil in the meged field, southwest of MJ1. Yes, they STILL have a commercial license, you know the 30 year one I think. The Golan, it has it as well, but not practical to get. Mj1 is an area that has the same formations that is providing the oil of Syria, yet that is conventional oil.

Point is , it's there, but to your point maybe not commercial. That was said of the Bakkan as well...

We shall see. We even know it's light sweet crude, just like the Bakkan.

Interesting times for sure.

Yes, I believe wholeheartedly.

>

Commercial quantity, no.

Yes, it's there. How much? Unknown....got to withdraw it to do the math etc.


Yes.