1.5 Billion Barrel Oil Discovery in Israel?

News reports out Israel of a 1.5 billion barrel oil discovery lit up websites and news postings yesterday. Israeli oil exploration company Givot Olam announced to the Tel Aviv Stock Exchange (TASE) on Tuesday that, “Production test drilling at Givot Olam’s Meged 5 site near Rosh Ha’ayin indicated it holds 1.525 billion barrels’ worth of oil.” And boy did it start a stir!

Givot Olam stock shot up 69% at one point, before finally settling out at a 19.7% gain … meanwhile trading was suspended and the Israel Securities Authority demanded clarifications of the report from Givot Olam – who didn’t have anything to add.  They said a full report would be available in September.

According to Israeli newspaper Haaretz, “This is not the first time Givot has issued partial and less than definitive information.” If you visit the Givot Olam website (http://www.givot.co.il/english/index.php) today you’ll read about the 2 billion barrels they “discovered” (but never produced) in 2004.  The truth behind this week’s “discovery” is that their tests don’t show how much oil they can produce or how much the discovery may be worth financially. What they do know is that even if there is 1.5 billion barrels down there, only a small percentage of it is recoverable; estimates range from 10% to 25%.

Givot Olam has been pumping oil mixed with gas and water from the Meged 5 test well for about a week and a half, averaging about 380 barrels per day. Israel consumes 235,000 barrels of oil per day. At the rate the Meged 5 is pumping now the well would supply less than two tenths of one percent of Israel’s daily consumption. If just 10% of Givot Olam’s “discovery” was recoverable (150 million barrels), the Meged 5 would have to maintain its current pace for over a thousand years to harvest the field. Israel burns through 150 million barrels in less than two years.

Haaretz reports: A geophysicist in the field, however, called the most recent announcement “speculative” and said the 1.525 billion figure appeared “exaggerated.”

“The bottom line is that I want to see the well’s capacity of barrels per day over time,” he said. “How much the drilling site can produce – that’s what will answer questions regarding its economic viability. Regarding the reserves, I don’t think they can be assessed at the moment. It’s a very rough estimate and everything gets into the range of probabilities.”

That’s what the geophysicists in Israel (the guys who know) are saying. It’s the same thing they told me after Givot Olam announced its 2 billion barrel “discovery” in 2004.

Bottom Line: Givot Olam’s announcement of a 1.5 billion barrel discovery is highly speculative and most likely exaggerated. A “discovery” doesn’t mean how many barrels a company can actually commercially produce (2004’s 2 billion barrel “discovery” commercially produced exactly zilch). We’ll need to wait until Givot Olam submits their definitive report in September and watch production on the Meged 5. Yesterday’s announcement created a lot of hoopla, but nobody, including Givot Olam, knows the substantive reality of the “discovery” at this point.

But that didn’t stop some Israeli news agencies and  Christian websites (Joel Rosenberg’s included) from running the headline “1.5 BILLION BARRELS OF OIL DISCOVERED IN ISRAEL” with few, if any, facts to back up the headline.

So why am I raining on everyone’s parade? Here’s why: the truth. There’s nobody that believes Israel will discover oil in a big way more than I do (except maybe John Brown of Zion Oil and Tovia Luskin of Givot Olam). And I believe the Bible (Torah) points to that discovery (so do John Brown and Tovia Luskin). But sensational headlines taken from unsubstantiated announcements don’t forward the search. When sensational headlines (like the 2 billion barrel “discovery” in 2004) don’ t pass the test of reality, they only disappoint the folks who believed them in the first place and hurt the credibility of those who ran the headline. That  said, here are the facts:

• The Bible (Torah) states that Jacob (Israel) would “suck honey out of the rock, and oil out of the flinty rock.” (Deut 32:13) Of Joseph (Ephraim and Manasseh) it states: “Blessed of the LORD be his land, for the precious things of heaven, for the dew, and for the deep that coucheth beneath, And for the precious fruits brought forth by the sun, and for the precious things put forth by the moon, And for the chief things of the ancient mountains, and for the precious things of the lasting hills, And for the precious things of the earth and fulness thereof …. (Deut. 33:13-16).  That Zebulun and Issachar “shall suck of the abundance of the seas, and of treasures hid in the sand.” (Deut 33:19) And that Asher would “dip his foot in oil.” (Duet 33:24)
• Tovia Luskin and John Brown founded their oil exploration companies based on their belief that scripture points to a major oil discovery in Israel.
• Zion Oil & Gas and Givot Olam have proven that oil exists deep below the territories the Bible (Torah) said it would be found.   Givot Olam has pumped more than 3,000 barrels of it in the last week and a half.
• Serious geological studies by the Geophysical Institute in Israel and the US Geological Survey have backed up Luskin’s and Brown’s belief by stating that they estimate a mean of 1.7 billion barrels of oil and 122 trillion cubic feet of natural gas are recoverable in the Levant Basin, which includes onshore and offshore Israel.
• Enough natural gas to supply all of Israel’s needs into the foreseeable future has already been discovered off the coast of Northern Israel.

The facts are enough. Israel has discovered huge quantities of natural gas, they’ve discovered oil right where the Bible said it would be, and I believe Israel is on the cusp of discovering major quantities of producible oil, both onshore and offshore – enough to supply them into the foreseeable future.  It’s happening now, but it hasn’t happened yet. The prophecy of Israel’s oil, I believe, is being fulfilled before our eyes, but it hasn’t been fulfilled yet. Misleading headlines aside, Givot Olam’s discovery is a part of that fulfillment. I’ll report the facts to you as we see them unfold. In the meantime here’s a more balanced article on the subject from the Israeli newspaper Haaretz: http://www.haaretz.com/print-edition/business/givot-olam-meged-has-1-5b-barrels-of-oil-1.308683

Steve Spillman

The Oil of Israel: Prophecy Being Fulfilled

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The Oil of Israel: Prophecy Being Fulfilled

by: John Brown

78 pages; softcover: $11.99 $9.99 (+ $5.00 S&H) www.oilinisrael.net reader’s special (10% of the sale price will go toward Israel charities. Genesis 12:3)

The Oil of Israel: Prophecy Being Fulfilled, the first book by Zion Oil & Gas Founder John Brown telling the story of Brown’s vision to discover the “Oil of Israel”. Includes Brown’s personal testimony and the scriptures that led to the search for Israel’s oil and the founding of Zion Oil & Gas. Brown shares his insights on true biblical faith and the vision and calling of Zion Oil. The book includes the full color maps of Israel’s ancient tribal boundaries and of Zion’s license area as well Zion’s progress to date in the search for Israel’s oil.

John Brown writes in the Preface: “So, why did God choose Zion to discover the oil in Israel? The answer is I don’t know why, but He did, and I believe I was told by God that it was to fulfill His promises to Israel (Isaiah 14:24) (Zechariah 1:17) and to bless the body of Christ. (Isaiah 23:18 NIV) and Zion Oil only exists because of God’s faithfulness to Israel (Psalms 36:5, 89:1-5) and not because of my faith (Isaiah 25:1).”

“Prophetically, I believe oil will be found on Zion’s leases.”
HAL LINDSEY

“John Brown, an evangelical Christian and founder and chairman of Zion Oil and Gas, believes that there is indeed oil in Israel.”
DR DAVID JEREMIAH

“This is such a vital, vital thing; we shouldn’t be surprised at all that God would save this for the end times and that God would save it for his chosen people Israel. We need to pray for John Brown, for Zion Oil and for all the people that are involved in this.”
Daystar Founder
MARCUS LAMB

“Suppose that a pool of oil, greater than anything in Arabia … were discovered by the Jews … This would change the course of history. Before long Israel would be able to independently solve its economic woes …”
DR TIM LAHAYE

“Israel? Proven reserves? Billions? When I read those words, the hair on the back of my neck stood up … By the time I sat down to write ‘Jihad’, I had decided to add a fictional oil strike – discovered by a fictional American investment
company working with a fictional Israeli company … Little did I know.”
JOEL ROSENBERG

“Dear John, I will continue to pray earnestly for the success and unlimited prosperity of Zion Oil in Israel. A major oil development in Israel would create geopolitical earthquake. I believe you have been called to the kingdom, ‘For such a time as this.’”
Most Sincerely,
Pastor John Hagee

78 pages; softcover: $11.99 $9.99 (+ $5.00 S&H) www.oilinisrael.net reader’s special (10% of the sale price will go toward Israel charities. Genesis 12:3)

New Book by Zion Founder John Brown

The Oil of Israel: Prophecy Being Fulfilled, the first book by Zion Oil & Gas Founder John Brown telling the story of Brown’s vision to discover the “Oil of Israel” should be going to the printer this week, with copies available in  late May.

The Oil of Israel: Prophecy Being Fulfilled includes Brown’s personal testimony and the scriptures that led to the search for Israel’s oil and the founding of Zion Oil & Gas. Brown shares his insights on true biblical faith and the vision and calling of Zion Oil. The book includes the full color maps of Israel’s ancient tribal boundaries and of Zion’s license area as well Zion’s progress to date in the search for Israel’s oil.

Zion Oil Announces Proposed New Drilling Subsidiary

Dallas, Texas and Caesarea, Israel – April 19, 2010 – Zion Oil & Gas, Inc. (NASDAQ GM: ZN) announced today that the Company recently signed a Memorandum of Understanding (MoU) with Aladdin Middle East Ltd. (AME).

The MoU outlines Zion’s plan to establish a subsidiary, tentatively named “Zion Drilling, Inc.”, which will purchase AME’s 2,000 horsepower drilling rig (currently located at Zion’s Ma’anit-Rehoboth #2 wellsite, in Israel) in exchange for an initial payment of US$ 7.0 million and a series of US$ 1.0 million additional payments that are anticipated to coincide with Zion’s drilling of seven (7) additional wells in Israel. Each of these payments is to be funded by Zion Oil & Gas, Inc. The MoU provides that Zion Drilling, Inc. will be 51% owned by Zion Oil & Gas and 49% owned by AME. AME will be responsible for the daily drilling operations of Zion Drilling, Inc.

Zion’s Founder and Chairman, John Brown, said today, “The signing of the MoU with AME marks a significant milestone in the life of Zion Oil & Gas. We are looking forward to establish Zion Drilling, Inc. as this will help us to drill as many wells as it takes, in order to recover the ‘treasures of the deep that lie beneath’.” (Deut. 33:13-16)

Zion’s Chief Executive Officer, Richard Rinberg, noted, “By establishing Zion Drilling, Inc. we will clearly demonstrate our ability to continue to drill wells in Israel without dependence on any outside third party.  We will have secured permanent control of a drilling rig for our planned future operations and consequently also raised Zion Oil & Gas, Inc.’s exploration business to a completely new level. We remain excited about the prospect of recovering hydrocarbons on the Ma’anit structure and on our other license and permit areas, especially due to the recent publication of a report by the U.S. Geological Survey (USGS), containing their assessment that there may be 1.7 billion barrels of recoverable undiscovered oil in the Levant Basin. Zion’s exploration rights fall within the area of the Levant Basin.”

Zion’s common stock trades on the NASDAQ Global Market under the symbol “ZN” and Zion’s warrants trade under the symbol “ZNWAW”.

Zion Oil & Gas, a Delaware corporation, explores for oil and gas in Israel in areas located on-shore between Haifa and Tel Aviv. It currently holds two petroleum exploration licenses, the Joseph and the Asher-Menashe Licenses, between Netanya, in the south, and Haifa, in the north, covering a total of approximately 162,000 acres and the Issachar-Zebulun Permit Area, adjacent to and to the east of Zion’s Asher-Menashe license area, covering approximately 165,000 acres. Zion’s total petroleum exploration rights area is approximately 327,000 acres.

AME is an independent oil and gas exploration and production company, incorporated in Delaware in 1962, with its head office in Wichita, Kansas. AME has drilled more than 130 exploration and development wells in Turkey and Egypt for major oil companies, including Exxon, Mobil, Wintershall AG, MOL, Placid Oil, Neste Oy, Burren Energy Inc. and Edison International spa. Its rig inventory includes 11 drilling and workover rigs.

FORWARD LOOKING STATEMENTS: Statements in this communication that are not historical fact, including statements regarding Zion’s planned operations, geophysical and geological data and interpretation, anticipated attributes of geological strata being drilled, drilling efforts and locations, the presence or recoverability of hydrocarbons, sufficiency of cash reserves, ability to raise additional capital, the successful establishment of the drilling subsidiary and the negotiation and execution of definitive agreements with AME with respect thereto, timing 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’s homepage may be found at: www.zionoil.com

Contact:

Zion Oil & Gas, Inc.

Mike Williams, 214-221-4610

dallas@zionoil.com

Zion’s Ottaviani Joins Board

ZION OIL & GAS APPOINTS NEW BOARD MEMBER

Dallas, Texas – April 12, 2010 – Zion Oil & Gas, Inc. (NASDAQ GM: ZN), of Dallas, Texas and Caesarea, Israel, announced today that Mr. William L. Ottaviani has been appointed as a Director of Zion Oil & Gas, Inc. Mr. Ottaviani has been serving as the Company’s President and Chief Operating Officer of the Company since January 31, 2010 and will continue to serve in these positions.

Mr. Ottaviani, a petroleum engineer by training, served as Chief Operating Officer at Rex Energy Corporation from November 2007 to September 2009. From September 2009 to January 2010, he worked as an independent consultant. From 1982 until 2007, Mr. Ottaviani served in various management, engineering, operational and staff assignments for Chevron and its affiliated companies, with assignments in California, Louisiana, Indonesia and Angola.  He earned his Bachelor of Science degree in Petroleum and Natural Gas Engineering from Pennsylvania State University and his M.B.A. from California State University, Bakersfield.

Mr. John Brown, Chairman of the Board and Founder, said: “We are delighted to have Mr. Ottaviani joining our Board of Directors.  He brings more than 25 years of experience in the petroleum industry to Zion and will serve as a tremendous asset as we continue our pursuit to recover hydrocarbons in Israel.”

Zion Oil & Gas, a Delaware corporation, explores for oil and gas in Israel in areas located on-shore between Haifa and Tel Aviv. It currently holds two petroleum exploration licenses, the Joseph and the Asher-Menashe Licenses, between Netanya, in the south, and Haifa, in the north, covering a total of approximately 162,000 acres and the Issachar-Zebulun Permit Area, adjacent to and to the east of Zion’s Asher-Menashe license area, covering approximately 165,000 acres. Zion’s total petroleum exploration rights area is approximately 327,000 acres.

Zion Oil a Part of God’s Prophetic Timetable

I received a note from Zion Oil’s founder John Brown last week regarding his belief that Zion Oil’s exploration activities in Israel, and their result, are a part of God’s prophetic timetable for the land of Israel. I agree with him; here’s the letter:

“What I hope your subscriber’s understand is that Zion has been and is directly involved in God’s prophetic time table for Israel and we are not just drilling for oil because if we were just looking for oil then we could do that right here in Texas for a lot less money.

I believe that Zion was created by God to fulfill His promises to the nation of Israel and the Jewish people (see Founder’s Testimony – The Vision and The Calling) and that is why I believe that we will eventually be successful in finding oil in Israel.  So what this means is that, according to the Bible, all the money and time, that has been invested by Zion in Israel guarantees all our shareholders God’s blessings. (Gen 12:2, 3)

You can post this if you want because everything we are doing is based on scripture – (including where we are drilling).”

John also included his personal testimony and Zion’s Vision an Calling. Click below to download:

Zion Founder’s Testimony

The Calling

Israel’s Biblical Oil Explorers

THE SEARCH FOR OIL IN THE LAND OF ISRAEL

A BIBLICAL TREASURE HUNT

By Philip Mandelker

APPENDIX

SCRIPTURALLY INSPIRED / INFLUENCED PETROLEUM

EXPLORATION IN ISRAEL

_______________________

1.         Company: Asher Oil Company

Founder: Wesley Hancock. California based. A family company was active in oil and gas exploration in the United States.

Scriptural Basis: Blessing of Asher in Deuteronomy and story of Elijah’s sacrifice in I Kings.

Period of Activity: Early-middle 1960s.

Area of Activity: North-east flank of Mt. Carmel overlooking the plain of the Kishon Stream.

Primary Activity: Drilling of two wells:

(i) Asher #1: 1963 – drilled to 2,391 meters (7,845 ft) to a target in the Middle Jurassic. Results: Dry.

(ii) Asher #2: 1965 – drilled to 1,314 meters (4,311 ft) to a target in the Middle Jurassic. Results: Dry

Related Non-Scripturally Inspired Drilling:

In 1975, Sonol, a major Israeli gasoline marketing company reentered the Asher #2 well and deepened it to 2,596 meters (8,517 ft) to a target in the Early Jurassic. In 1980, OEL, an Israeli-government exploration company drilled the Asher #3 near the first two Asher wells to 574 meters (1,883 ft) to a Cretaceous target. Both these wells were dry.

2.         Company: Energy Exploration Inc.

Founder: Andy Sorelle. Texas based petroleum engineer and wildcatter.

Scriptural Basis: Blessing of Asher in Deuteronomy

Period of Activity: First half of 1980s.

Area of Activity: Coastal plain between Mt. Carmel and the Mediterranean Sea, specifically in the area of the town of Atlit.

Primary Activity: Drilling of one well in two stages:

(i) Atlit #1: 1981 – drilled to 5,273 meters (17,301 ft) to a target in the Early Jurassic. Results: Dry

(ii) Atlit #1 Deep: 1982-1983 – deepened the Atlit #1 to 6,531 meters (21,428 ft) to target in Late Triassic. Results: asphalt and then light oil shows in cuttings before well was lost for technical reasons.

3.         Company: Moriah Exploration

Founder: Gilman Hill. Colorado based geoscientist active in oil and gas exploration and developer of exploration technology.

Scriptural Basis: Story of Elijah’s sacrifice in I Kings and the Blessing of Asher in Deuteronomy.

Period of Activity: Early and mid-1980s.

Area of Activity: Mt. Carmel near the traditional site of the Elijah sacrifice.

Primary Activity: Drilling of two wells in 1980 and 1986:

(i) Elijah #1: 1980 – drilled to 2,682 meters (8,800 ft) to a target in the Middle Jurassic. Results: Dry.

(ii) Elijah #2: 1986 – drilled to 651 meters (2,136 ft) to a target in the Cenomanian. Results: Dry.

4.         Company: Ness Energy

Founder: Harold “Hayseed” Stephens. A Texas oil and gas explorationist and operator.

Scriptural Basis: Genesis stories of Sodom and Gomorrah and a long series of scriptural references in various books of the Old Testament.

Period of Activity: 1980s and late 1990s-2001.

Area of Activity: Area surrounding the southwest quadrant of the Dead Sea and adjacent areas.

Primary Activity: Participation in drilling of one well in 1985; acquisition of certain exploration licenses in the late 1990s. The well, the Har Sedom #1 was targeted to be drilled to about 3,500 meters about 11,500 ft), but was lost for technical reasons at 1,818 meters (5,965 ft) in the Pliocene. The exploration licenses were lost following the failure of Ness to meet its obligations under the licenses to commence the drilling of wells on the license areas.

Related Non-Scripturally Inspired Drilling Activity

The Har Sedom #1 project and well were developed and operated by an Israeli commercial oil exploration company, Seismica. Ness Energy held a minority working interest (about 15%) in the well.

5.         Company: Hoshana Oil Company

Founder: Bernard Coffindaffer. West Virginia based evangelical minister and missionary.

Scriptural Basis: Blessings of Asher, Zebulon and Issachar in Deuteronomy

Period of Activity: Early 1990s

Area of Activity: Southern flank of Mt. Carmel and the Valley of Jezreel just east of the South-eastern flank of Mt. Carmel.

Primary Activity: Acquisition of an exploration license and reprocessing and analysis of seismic data. License lapsed with no progress made towards drilling of well.

6.         Company: Camberly Exploration

Founder: Lyle Harron. Canadian oil and gas explorationist.

Scriptural Basis: Blessings of Asher in Deuteronomy

Period of Activity: Early-middle 1990s.

Area of Activity: Coastal plain between Mt. Carmel and the Mediterranean Sea.

Primary Activity: Drilling of one well:

(i) Atlit #2: 1996 – drilled to 1,633 meters (5,388 ft) to a target in the Early Cretaceous. Results: Dry.

7.         Company: Givot Olam Oil Exploration

Founder: Tovia Luskin. Russian born and educated geophysicist, active in oil and gas exploration in Canada and Australia, before moving to Israel.

Scriptural Basis: The Blessings of Joseph in Genesis and Deuteronomy

Period of Activity: 1990s to date

Area of Activity: Eastern portion of Sharon Plain between Netanya and Modiin

Primary Activity: Drilling of three wells commencing in 1994:

(i) Meged #2: 1994 – drilled to 5,200 meters (17,061 ft) to a target in the Triassic. Results: 40⁰ API Silurian aged oil recovered from the Middle Triassic.

(ii) Meged #3: 2000 – drilled to 4,742 meters (15,683 ft) to a target in the Triassic. Results: Oil and gas shows in the Middle Triassic, but reservoir of very poor quality (very low porosity and permeability.)

(iii) Meged #4: 2002/3 – drilled to 4,919 meters (16,139 ft) to a target in the Triassic. Results: 360 API Silurian aged oil recovered from the Middle Triassic. Attempts in 2005 to drill a horizontal bore-hole in the well in an attempt to recover the oil which is located in tight reservoir rock failed apparently for technical reasons, with the well abandoned following loss of equipment in the horizontal bore.

Plans underway to drill another Meged well and attempt to develop the Meged field discovery, which was recognized by the Israel Petroleum Commissioner in 2004.

8.         Company: Zion Oil & Gas, Inc.

Founder: John Brown. Michigan and Texas based businessman with roots in the machine-tool industry and active in building contracting sectors.

Scriptural Basis: The Blessings of Joseph in Genesis and Deuteronomy.

Period of Activity: 1990s to date.

Area of Activity: Manasseh hills and Sharon plain from the southern flanks of Mt. Carmel to Netanya.

Primary Activity: Drilling of a well in 2005:

(i) Ma’anit #1: (Re-entry) 2005 – deepening of previously abandoned Ma’anit #1 from 2,335 meters (7,661 ft) to 4,719 meters (15,483 ft) to targets in the Middle and Early Triassic. Results: The company announced that during drilling and completion operations, the well had numerous significant oil and gas shows in a 2,100-foot interval.

Analysis of the results of the well is continuing and future activity, including designing comprehensive completion procedure and drilling of an appraisal well being considered.

Related Non-Scripturally Inspired Drilling Activity:

The Ma’anit #1 was originally drilled to 2,335 meters (7,661 ft) in 1995 by an Israeli commercial oil exploration company, Sdot Neft. Though originally targeted to 4,500 meters (14,765 ft), it was abandoned as a dry hole after Sdot Neft ran out of money

(for a PDF Download of Philip Mandelker’s entire study go to: http://www.oilinisrael.net/resources/biblical-treasure-hunt-free-pdf)

Open Letter from Zion Founder John Brown

As the editor of www.oilinisrael.net I get a lot of letters and a lot of opinions on what the exploration companies should be doing in Israel. The oil exploration companies, I’m sure, get a lot of them too. Sometimes they’re from stockholders, sometimes not. Most of the letters are encouraging and well meaning;  some are just … well, let’s just says they’re shortsighted. First of all, to those who have blessed this website and the exploration companies with encouragement and good wishes, thank you. It means more than you can imagine. To those brave souls who, based on very limited information, have advice on how the exploration companies can improve their efforts, this website welcomes the dialog; good ideas have come from all over … but if your thinking is crooked, don’t be upset if I straighten it – it is an open forum.

And then there are the message boards. Message boards are forums on the internet where like minded folks discuss their opinions on the topic at hand. And, opinions are like bellybuttons; everyone has one. The great thing about message boards are that they allow anyone to express an informed opinion. The bad thing about message boards is that they allow anyone to express an uninformed opinion as well. It’s up to the reader to sort them out. Zion Oil & Gas founder John Brown received a note this week regarding a few opinions that may or may not really exist on one of the more popular message boards. John responded with a thoughtful and (in my opinion) right answer. I asked him if I could share the note and the response as an ‘open letter’ to concerned message board inhabitants.

Letter to John: “Have you been watching the YMB (Yahoo Message Board).  Your stockholders are coming apart at the seams…esp concerning the new development of an update only once every 2 weeks.  Many feel that the job of Richard is to keep us more informed.”

Response: Dear xxxxx,

This may come as a shock to you but I am so focused on everyone (including Richard) in Zion spending all their time on finding oil that I do not personally look at any YMBs.  Why, because the only job we have is to find the oil which will bless both Israel (Gen. 12:2, 3) and our shareholders.  And if we have anything new to report, then we will; but if not, then we won’t.  While I am not personally involved in sending out these bi-monthly emails, I have suggested to Richard that we should just discontinue them and only update our website when we have something new to report.  I am not a person who believes in “Hype” or spending a lot of time holding people’s hands by trying to answer all their many questions. I have tried this, but I find that I’m not going to make everyone happy anyway and because of the diversity in Zion’s shareholders; i.e. charismatic or fundamentalist, Christian or Jew.  I am not going to allow myself to become involved in theological disputes or other controversial issues.  My personal wish is that instead of all these questions and answers, which only cause more questions or divisions, that we should all spend our time praying for others (including Zion). (Heb 10:35, 36)

My last comment is that we will still do our very best to communicate and be transparent, honest with our shareholders, but if anyone feels that is not enough than I would suggest that maybe they should ask God to change us or perhaps maybe they need to invest in another company that will do what they want, when they want.  In the meantime, I’m moving forward as fast as He allows us to fulfill the Vision (Ecc. 3:1) and hopefully that will make your shares more valuable. (Isa. 29:14)

For your information, I have spent over 29 years of my life and all the money I ever had on following this Vision that G-d gave me.  And I personally believe that we are very close to actually seeing the scriptures come to pass.  (Ro 4:20, 21)  So my suggestion to all these who need more communication or are coming apart at the seams is to be patient and wait for the vision to happen.  (Hab. 2:3) and quit complaining and murmuring (Ex. 16:2-15) and trust in Him and just rest in peace (Isa. 26:3, 4) (Isa. 32:17, 18) for: “Blessed are all they that wait for Him” (Isa. 30:15-18).

Shalom,

John M. Brown

Zion Oil & Gas, Inc.

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Zion Oil Introduces ‘49:1 The Zion Story’ at NRB

News of the upcoming feature film ‘49:1 The Zion Story’ created quite a buzz National Religious Broadcasters Convention in Nashville Feb 27 – March 2. Zion Oil & Gas founder John Brown, author of Breaking the Treasure Code: the Hunt for Israel’s Oil, Steve Spillman, and British filmmaker Tom Boulting were all present during the convention and met publicly and privately with leaders in Christian ministry, broadcasting and entertainment.

John Brown and Steve Spillman shared the story of Israel’s oil during the convention on two radio programs, Charle’s Crismier’s ‘Viewpoint’ broadcast and “The Meeting House” radio show with Bob Crittenden. “Viewpoint aired live on March 1; the archived broadcast can be heard at http://irnusaradio.com/our-programs/viewpoint. “The Meeting House program should air on the week of March 8; broadcast details can be found at http://www.meetinghouseonline.info/.

Thanks to the generosity of Zion Oil & Gas, Convention attendees received complimentary copies of Jim Spillman’s book The Great Treasure Hunt,  Zion’s 2010 ‘Joseph Project’ DVD including the film trailer for ‘49:1 The Zion Story’, along with free Zion Oil/49:1 t-shirts and Zion Oil & Gas media packages. True Potential Publishing, Inc. sponsored an autograph session with Steve Spillman personalizing complimentary copies of Breaking the Treasure Code: the Hunt for Israel’s Oil for conference attendees.  On the last day of the convention, two lucky attendees were drawn for a grand prize of a ten day tour for two in Israel with Jonathan Bernis, sponsored by Zion Oil & Gas and Jewish Voice Ministries, and a second prize of Ten Commandment tablets carved of stone cut from the same quarry in Jerusalem that built King Herod’s palace, sponsored by Holy Jerusalem Stones in Israel.

The Zion Movie

According to London based Charter Films, Ltd. CEO Tom Boulting, immediate plans are in process to produce a documentary on Zion Oil’s faith and Bible based search for oil in the land of Israel. Boulting’s extended plans, however, call for a feature length film telling the story of Zion founder John Brown’s faith journey in his quest to discover oil in Israel.

For more on ‘49:1 The Zion Story visit www.zionthemovie.com.

Brown & Spillman Radio Interview

Zion Oil Founder John Brown and Steve Spillman, author of Breaking the Treasure Code: the Hunt for Israel’s Oil discussed the latest updates in the search for Israel’s oil with Jan Markell on her weekly radio program ‘Understanding the Times’. The show aired live on Saturday, February 13, 10:00 AM CST. The entire interview is available for listening at http://www.olivetreeviews.org/radio/mp3/.

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