Filed
pursuant to Rule 433
Registration
Statement No. 333-148982
Email
Being Sent to Zion's Database
Dear
Zion
Shareholder and/or Friend of Zion...
Some
350
years ago, the first American poet, Anne Bradstreet (1612-1672)
wrote:
"If
we had no winter, the spring would not be so pleasant; if we did not sometimes
taste of adversity, prosperity would not be so
welcome."
Some
75
years ago, President Franklin D. Roosevelt (1882-1945) delivered his inaugural
address. His words are as appropriate today as they were then:
"...
we face our common difficulties. Values have shrunken to fantastic levels;
taxes
have risen; our ability to pay has fallen; government of all kinds is faced
by
serious curtailment of income; the means of exchange are frozen in the currents
of trade; the withered leaves of industrial enterprise lie on every side.
...only a foolish optimist can deny the dark realities of the
moment."
Although
the world economy continues to deteriorate, our faith in a happier and more
prosperous future means that we should start preparing now for the better times
ahead.
At
Zion,
we are preparing our drill site for the arrival in January 09 of a completely
refurbished 2,000 horsepower drilling rig and are relentlessly pursuing the
required permits and final documentation.
As
a Zion
shareholder or friend of Zion, you can help with our exploration for oil and
gas
in Israel in two ways; we need both your prayer and your financial
support.
We
hope
that you will want to subscribe in Zion's current public offering for some
$10
units. But, please be aware that the offering will terminate early in January;
there are less than fifty days in which to subscribe. So, if you are interested,
now
is the time to act.
Please
keep in mind the wise words of a famous hockey player:
"Statistically
- 100 percent of the shots you don't take, don't go
in."
Zion's
public offering of $10 units began on May 14, 2008 - on that date, the Dow
Jones
Industrial Average (DJIA) stood at just under 13,000. As I write, the DJIA
stands at just under 8,000; there has been an average decline in stock prices
of
almost 40%.
But,
the
stock price of Zion Oil & Gas (ZN) on May 14, 2008 was $ 6.45 and, as I
write, the stock price is $6.50. In sharp contrast to the DJIA, the ZN stock
price has maintained its value. (Psalm 4:5 - Put
your trust in the Lord.)
So,
please help us with our work in Israel and subscribe in Zion's current public
offering for some $10 units.
Full
details are set out in the Prospectus
which is
available for download and review on our website www.zionoil.com under
“Investor
Relations.” If
you
would prefer a hard copy of the Prospectus, please call:
1-888-TX1-ZION
(1-888-891-9466)
or
email: dallas@zionoil.com
To
quote
Psalm 51:18 - In
your good pleasure, make Zion prosper...
Shalom
from Israel
Richard
Rinberg
CEO
of
Zion Oil & Gas Inc www.zionoil.com
FORWARD
LOOKING STATEMENTS:
Statements in this communication that are not historical fact, including
statements regarding the closing of the offering, the timing and results
thereof, Zion’s planned operations, potential results thereof and potential
effects of those results on the market for Zion's securities and returns on
investments in those securities, are forward-looking statements as defined
in
the "Safe Harbor'' provision of the Private Securities Litigation Reform Act
of
1995. These forward-looking statements are based on assumptions that are subject
to significant known and unknown risks, uncertainties and other unpredictable
factors, many of which are described in Zion's Prospectus and its periodic
reports filed with the SEC and are beyond Zion's control. These risks could
cause Zion’s actual performance to differ materially from the results predicted
by these forward-looking statements. Zion can give no assurance that the
expectations reflected in these statements will prove to be correct and assumes
no responsibility to update these statements.
Zion
Oil
& Gas, Inc. has filed a registration statement (including a prospectus) with
the SEC for the offering to which this communication relates. Before you invest,
you should read the prospectus in that registration statement and other
documents the issuer has filed with the SEC for more complete information about
Zion Oil & Gas and its offering. You may get these documents for free by
visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Zion Oil &
Gas or its underwriter will arrange to send you the prospectus if you request
it
by calling toll free 1-888-TX1-ZION (1-888-891-9466). Direct links to the SEC
location, or to the documents in PDF, may be found on the home page of Zion
Oil
& Gas. Inc., at www.zionoil.com.