Zion Oil & Gas on Track to Spud Deep Well in Israel in April
Zion Oil & Gas on Track to Spud Deep Well in Israel in April
Drill crew arrives this week and rig mobilization starts the following week
Our President (Dustin Guinn) and I are traveling to Israel this coming week to seek to finalize drilling plans and meet with Israel’s Petroleum Commissioner Yossi Wurzburger.
DRILLING THE WELL
We plan to inspect and tour the fully completed drill pad site and meet the Romanian drill crew that will be arriving this week to prepare the rig for the upcoming move to the drill site.
We expect that the first truckloads, of an anticipated 75 total loads, will begin moving the rig and equipment onto the drill site in March.
While the operational and regulatory details of drilling a deep well in Israel are overwhelming, Zion has been blessed with God’s favor and we are literally on the cusp of drilling our long-awaited Megiddo-Jezreel #1 well with an anticipated spud date of April (next month).
CLICK HERE TO SEE SITE CONSTRUCTION IMAGES
FUNDING THE WELL
We are at a critical funding stage. While we have enough cash to spud and drill the well to a shallow depth, we still need to raise a significant amount of money to be able to drill to the total depth of ~ 15,000 feet and test the well.
Our current Unit Program ends March 31, 2017, and, as previously announced, this offering will not be extended.
We provide investors a way to invest directly online with no brokerage fees through our website – www.zionoil.com/invest.
NOTE: UNIT PROGRAM EXPIRES MARCH 31, 2017
ANNUAL SHAREHOLDER MEETING IN ISRAEL
We would like to invite shareholders to our Annual Shareholder Meeting, to be held on Wednesday, June 7, 2017 at the Dan Caesarea Hotel in Israel. Shareholders are also invited to a rig site tour the day before on Tuesday, June 6th at our Megiddo-Jezreel Valley site.
Date: Wednesday, June 7, 2017
Location: Dan Caesarea Hotel, Caesarea, Israel
Congratulations to U.S. Secretary of Energy – Governor Rick Perry!
I would like to personally congratulate former Texas Governor Rick Perry on his successful Senate confirmation last week to fill President Trump’s Secretary of Energy cabinet post.
I am confident that he will serve as an excellent U.S. Energy Secretary.
When he was Texas Governor, Rick Perry appointed me to serve on the Railroad Commission of Texas, a statewide office overseeing the Texas energy sector, including oil & gas (Texas remains the top oil & gas producing state in the nation).
It was an honor to serve in Governor Perry’s “cabinet” for eight years as our Texas Oil & Gas Commissioner and I’m proud to call our new U.S. Energy Secretary a friend.
Sincerely,
Victor G. Carrillo
CEO
Zion Oil & Gas, Inc.
I write to encourage you lovers of Israel regarding your Zion Oil & Gas shares. Regardless of what the shares do in the interim, we are looking forward to a discovery of oil in Israel that will rock the world.
God is about to remove the bridle in which the world has attempted to place upon Israel.
While we know we have a firm foundation upon the Word of God and of itself, it is complete. Yet still many times a word from the Spirit has a meaningful and wonderful way of confirming a futuristic event.
Wish to share the last thing first; believe the Lord brought to me about 5 years ago a remembrance. Many times the things of God will come to a place of what appears to be a near death experience when viewed through natural eyes.
In the spiritual realm, death always seems to preceed resurrection.
The discovery of oil in Israel has a multitude of implications to end-time events as well as to Israel’s future. This discovery must and will take place for it is written in the Word.
Initially, many ran to Zion Oil and Gas and bought shares.
Many of those same people had little or no regard for Israel or the Jewish people.
The Lord may well flush out those whose only desire was to prosper from Israel.
And at the same time bring those who truly love His people and Israel into Zion Oil and prosper them. “He will bless those who bless (love) Israel”
In 2008, I was in prayer. And for the first time I heard the Lord say the following: “Now is the time to Favor Zion”. Note I was not reading the actual Scripture.
Yet, I knew exactly what He was saying, it was now time to become involved and show favor to Zion Oil.
When praying and saying to the Lord that those of us who love Israel would invest even if it meant we would not profit from our investment if Only to bless Israel
I heard the Lord responded the following.
“When I gave the five talents and the two talents and the one talent,
I expected a return on my investment and so should you”.
Later I also heard the Lord say,
“even 100 shares will make a millionaire”.
Then a few years ago, I heard the Lord say,
“I have saved my best wine for last”
Believe the Lord was saying, while oil will become increasingly more expensive, it would be then that He we would bring forth His “best” for Israel.
As a result of major discoveries of vast oil reserves being found in Israel,
the wealth of the Nations will flow into the Land of Israel.
In this same conversation, I then I heard him say,
“This “find” (of oil in Israel) will rival that of Saudi Arabia.”
Surely He has saved His best wine for last.
Blessings to you and your house,
Have they found oil or gas there or is this exploring only?
These are exploratory operations.
Thanks for the update, Victor. We need to be reminded about Zion’s progress from time to time, lest we grow weary during the race!
You are very welcome, Paul!
– Victor
Praying for both Israel and Zion Oil!