SAN ANTONIO – Christians United for Israel, the nation’s largest pro-Israel organization, announced Monday that Zion Oil & Gas, Inc. (NASDAQ GM: “ZN”) will sponsor the Night to Honor Israel and the Ambassador’s Reception at CUFI’s 2010 Washington Summit.
The evening will feature remarks from Pastor John C. Hagee, CUFI’s Founder and National Chairman. He will be joined on the stage by keynote speaker Michael Oren, Ambassador of Israel to the United States.
“This sponsorship is very good news,” said Pastor John Hagee. “We appreciate Zion’s support for our efforts to strengthen the US-Israel relationship.”
Christians United for Israel is the largest pro-Israel organization in the United States and one of the leading Christian grassroots movements in the world. CUFI spans all fifty states and reaches millions with its message. Each year CUFI holds hundreds of pro-Israel events in cities around the country. And each July, thousands of pro-Israel Christians gather in Washington, D.C. to participate in the CUFI Washington Summit and make their voices heard in support of Israel and the Jewish people.
Zion Oil & Gas, Inc., a Delaware corporation, explores for oil and gas in Israel in areas located on-shore between Haifa and Tel Aviv with a total area of approximately 327,000 acres in petroleum exploration rights.
Nir Barkat, 49 years old, has spent his entire life in Jerusalem and served six years in the Israel Defence Force, as a member of the paratrooper’s brigade. In 1988, Nir Barkat founded the BRM Group, one of the first entities worldwide to develop anti-virus software and, as CEO, initiated joint ventures with U.S. companies such that BRM became a technological incubator. At the beginning of 2000, Nir was a founding partner of BRM Capital, a $150 million Venture Capital Fund focusing on software and communication infrastructures, specializing in investments in Israeli related companies and helping them become global leaders in their field.
Zion Oil & Gas Founder, John Brown, met Nir Barkat in Washington, in July 2008, during Christians United for Israel’s Third Annual Washington-Israel Summit, when Zion Oil sponsored the “Night to Honor Israel” banquet.