Zion Oil & Gas Operational Update – October 28, 2020
Dear Zion Oil & Gas Supporters and Shareholders,
After some logistical issues, we have been able to solidify a new timeline for the ship leaving Romania with our rig and arrival at the Haifa port in Israel. In this update, we are pleased to report the latest updates now that we have more reliable information from our vendors.
We appreciate all the shareholder support as we move forward during these challenging times and see God’s hand in every one of these items.
The latest updates as we await the rig’s transportation into Israel:
- The ship, “BBC Bangkok,” will arrive November 2 at the port of Constanta, Romania. We expect a two-day load time followed by a six-day sail time. After arriving in Israel on November 10, we expect a one- or two-day initial customs clearance. Then, the first loads of equipment should arrive on location on or around November 12. (You may track the cargo ship by clicking here and searching "BBC Bangkok".)
- To reach this point has been an incredible undertaking from our operations team. There have been more than sixteen (16+) different countries where we have had to coordinate our service providers and equipment, including Romania, Hungary, Croatia, Turkey, Italy, Spain, Ireland, Scotland, Germany, Holland, Cyprus, Saudi Arabia, China, Canada, the United States, and Israel.
- Our experienced rig crew has been assembled from Eastern Europe and is currently in Israel for quarantine. This crew has been with the rig (named “I-35”) for several years. In addition to the experienced rig crew, we are hiring twelve Israelis to begin training and gain experience as we move towards building an indigenous drilling crew to support our Zion Drilling subsidiary company.
- We are working with Israel’s Water Authority during this time to ensure water supply safety and ongoing testing to ensure non-contamination of the water aquifer. As Zion has done previously with earlier drilling programs, this requires extensive preparation and monitoring throughout our drilling program.
Zion’s new VP of operations, Monty Kness, highlighted the incredible amount of work and coordination, stating:
“The Lord has brought together an effective team of experienced personnel, equipment, and service companies from all over the world for this project. We have an aggressive drilling schedule that is quickly coming together. We predict a safe and successful drilling operation that could not take place without the prayers and support of our shareholders. For that, we are very thankful and humbled. Thank you for your continued support and know we are all working hard for the same goal and to carry out God’s plan.”
We are thankful to our heavenly Father for how He has made a way forward and we ask our shareholders and supporters for continued prayers.
We appreciate your support and know that God’s timing is not our timing (Psalm 37:7), and that we will continue to move forward (Proverbs 4:25-27).
CEO & COO
Zion Oil & Gas