Zion Oil & Gas Operations Update from Israel as of November 11, 2021

November 11, 2021

Update: MJ02 In Israel


Dear Zion Supporters and Shareholders,

Thank you for your patience and perseverance.

Active drilling of the Megiddo-Jezreel #2 (MJ02) project continues unimpeded. We are making progress toward drilling to total depth what will soon be, by God's grace, a significantly deeper well than the MJ#1 well.

We are currently in the fourth and final section of well. This section contains multiple areas of potential interest. All necessary well testing equipment is now on location, and the testing crew's visas have been approved and issued by the authorities. The testing program has been submitted to the regulatory body and should commence in this quarter.

We are in continuous dialog with Israel's Energy Ministry concerning the timeline for testing, and based on the testing, completion of the MJ02 well.

We are continually thankful for our loyal shareholders and supporters. We will provide material updates when we have relevant information to share with the public.


Rob Dunn