A
special company
with a special task in a special country |
Zion's
underwriter is now accepting subscriptions at $10 per unit. Each
unit will
consist of one share of Zion stock + one warrant. The warrant will
allow
you to buy another share at a fixed price of $7 until January 31,
2012,
irrespective of the price on the stock market.
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Background
Zion
Oil & Gas was formed in 2000 by John Brown, a man of deep Christian
faith. The company, which is listed on the American Stock Exchange,
explores for oil and gas on two onshore exploration licenses covering
approximately 162,000 acres between Tel Aviv and Haifa.
Vision
From
day one, the calling of Zion Oil & Gas was to assist in the
restoration of the Land by finding oil and gas, helping to make Israel
politically and economically independent.
Faith
& Science
In
the beginning, Zion operated on faith alone, but today it is also
based on
hard science. Zion's geologists have put together a country-wide
seismic
database consisting of 219 seismic sections totaling 2,000 miles,
so as to
better understand the geology of the license areas. We have included
information gathered from all of the wells drilled in Israel.
The
Zion team is developing four leads and one prospect in the license
areas
and, based on these studies, we believe that there are prospective
hydrocarbon-bearing intervals at depths between 12,500 and 18,000
feet and
that there may be approximately 20,000 productive acres.
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In
2005, Zion drilled the Ma'anit #1 well on the Ma'anit structure in
the
Joseph license area, and shows of hydrocarbons were recorded from
12,000
feet to 15,500 feet, but due to mechanical problems the well was
abandoned
in June 2007.
The
Future
On
June 18, 2008, Zion signed a Protocol with Aladdin Middle East Ltd
(AME).
Using AME's 2,000 horsepower rig, the company plans, in the last
quarter
of 2008, to re-enter the same wellbore and then 'sidetrack' (drill
directionally) to a distance approximately 2,500 feet northeast of
the
present location by the time the well reaches its true vertical depth
of
18,040 feet (in the Permian geological layer).
New
Public Offering
Zion
has licenses, scientific data, tech-nology, qualified, experienced
and
honest people. But oil and gas exploration costs money, so we need
investors. In the event of success, the investors' reward may be
great,
not only financially but also in the knowledge of being part of something
truly biblical and prophetic.
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So
a $10 subscription will buy one share of Zion stock plus the right
(but
not the obligation) to buy one more share at a fixed price of $7
at any
time from late 2008 until January 31, 2012). The minimum subscription
is
100 units or $1,000.
The
full details are set out in the Prospectus which is available to
download
and review on our website www.zionoil. com on the 'Investor Relations'
page. If you would prefer a hard copy, call: 1-888-TX1-ZION or
1-888-891-9466 or email: ashley@zionoil.com
We
need and value your support. Shalom from Israel.
Visit
us at
www.zionoil.com
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