Filed
pursuant to Rule 433
Registration
Statement No. 333-157007
Dear
Shareholder and/or Friend of Zion...
Isaiah
12:6 – “Cry
out and shout, thou inhabitant of Zion: for
great is the Holy One of Israel
in the midst of thee.”
Rights
Offering
The
rights offering was originally scheduled to expire on Wednesday, June 10, 2009,
however, on that day, we announced that we were extending the rights offering by
fourteen days, to Wednesday,
June 24, 2009.
The
preliminary outcome of Zion's rights offering, as of the close of business on
June 10, 2009, indicated a total subscription of approximately 3.6 million
shares (including over-subscription) for gross proceeds of approximately $18
million.
As noted
in our press release announcing the extension, “We were very pleased that the
response to the stock rights offering has been so positive, but some
stockholders may have experienced a delay in receiving their subscription
materials, so we thought it appropriate to extend the deadline for the rights
offering, in order to give all of our shareholders adequate time in which to
participate."
So,
everyone who was a stockholder on the record date of May 4, 2009, can still
exercise their rights and purchase Zion stock at $5.00 per share of stock or
even consider an over-subscription.
If you
have not yet exercised your rights or want to oversubscribe, now is
the time to act!
Exodus
25:2; Job 8:7
Thank you
for your continued prayers and financial support of Zion, and
Shalom
from Texas
John
Brown (Romans 4:20,21)
Chairman
of Zion Oil & Gas, Inc.
www.zionoil.com
FORWARD
LOOKING STATEMENTS: Statements in this communication that are not historical
fact, including statements regarding Zion's planned operations, drilling efforts
and potential results thereof and plans contingent thereon, are forward-looking
statements as defined in the "Safe Harbor" provisions 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 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 rights 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 will send you the prospectus if you request it by calling toll free
1-888-TX1-ZION (1-888-891-9466).The securities are offered by prospectus only,
and only within those States and other jurisdictions in which the securities may
be sold, and this announcement is neither an offer to sell nor a solicitation of
any offer to buy in any state or jurisdiction in which such offer, solicitation
or sale would be unlawful prior to the registration or qualification under the
securities of any such state or jurisdiction.
More information about the
offering is available at www.zionoil.com. A copy of the prospectus can be
obtained on request, by calling toll free 1-888-TX1-ZION (1-888-891-9466) or by
contacting Kim Kaylor at Zion Oil & Gas, Inc., 6510 Abrams Rd., Suite 300,
Dallas, TX 75231; telephone 1-214-221-4610; email: dallas@zionoil.com