Unassociated Document
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...
As the
2008 year reaches its conclusion, I want to wish you and your family well over
the holiday season, and also happiness and health (and wealth, I hope...) for
2009.
At a time
when most companies are slowly winding down, at Zion Oil & Gas, we are now
gathering momentum fast.
Here is
just some of what is
going on, now,
as we prepare to drill the Ma'anit-Rehoboth #2 well:
(1) The
final preparatory work is being carried out on the drill site at Kibbutz Ma'anit, in order to
be ready for the arrival of the drilling rig in January 2009.
(2) The
furnished site caravans (the trailers for the supervisors and the guards) have
been built in Haifa,
Israel and are ready for inspection and then delivery to our drill
site.
(3) The
$220,000 'Mud Log Unit plus Generator' that we purchased and shipped from the
USA is undergoing our
final operational checks in Israel.
(4) The
refurbished 2,000 horsepower rig, that we have contracted to use, is now being
taken apart and packed into custom-made containers in Ankara, Turkey. The owners of
the rig, Aladdin Middle East Ltd (AME), are actively seeking a suitable freight
ship, in order to ship the rig to Israel.
(5) AME
is completing the submission of the work permit documents for the rig crew
workers' permits. We expect almost 60 of AME's rig crew to enter Israel and work
on our drilling.
(6) We
have recently ordered (at a cost of over $1 million) drill pipe for use in the
Ma’anit-Rehoboth #2 and expect delivery in Israel, in January 2009. We already
have casing and various other supplies (at an approximate cost of $1.7 million)
in secure storage in Israel.
(7) We
are ready to send delivery instructions to Cairo, Egypt, for the liner
hangers, drilling mud and chemicals that we have ordered (at a total cost of
approximately $316,000).
(8) Our
selection of 13 drill bits is being shipped to us from Italy, the USA and the UK.
(9) The
directional, coring and logging tools are being assembled in Italy, ready for delivery to
us.
This
truly is an international undertaking.
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 on January 9, 2009;
so there are only three weeks left in which to subscribe. If you are interested,
now is the time to act.
So,
please help us with our work in Israel and subscribe for some $10 units in
Zion's current public offering.
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
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.