“Israel is open for business and we are grateful for the green light from the Israeli government on our painting plan, which allows us to move forward with the MJ-01 completion project,” said Rob Dunn, CEO of Zion Oil.
The approval of this painting plan follows the acquisition of Exploration License 434 on September 19. This “Megiddo Valleys Permit” encompasses approximately 75,000 acres and indicates a deep commitment to Israel’s energy landscape.
“Our journey continues with an unwavering faith in God and the ongoing support of our shareholders,” said John Brown, Zion Founder and Chairman. “We appreciate all the support from so many who have joined us in this journey of faith for Israel’s oil and gas.”
Zion Oil
Zion currently has a guaranteed unity program until Dec. 31, inviting its supporters to be part of Israel’s promising energy future.
“The Lord’s unwavering love never ceases; His mercies never end; they are renewed every morning; Great is your loyalty. Lamentations 3:22-23
“And let us grow weary of doing good, for in due time we shall reap, if we yield. Galatians 6:9
Contact: Andrew SummeyVice President of Marketing & Investor RelationsZion Oil
FORWARD-LOOKING STATEMENTS: Statements contained in this communication that are not past facts, adding, among others, statements relating to the operations and effects of Zion, adding evidence and completion; Zion’s ability to detect and produce oil in announced quantities; Zion’s ability to continue his operations; operational hazards similar to ongoing exploration efforts; mandatory regulatory approvals for exploration under our license and operation of the platform; the effect, if any, of the coronavirus pandemic on the well operating schedule; The effect, if any, of relevant uncertainties with wars and skirmishes between Israel and other organizations and/or countries, and liquidity for shareholders in the OTC market are forward-looking statements as explained 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 dangers, uncertainties and other unpredictable matters, many of which are described in Zion’s periodic reports filed with the SEC and are beyond the scope of Zion. Array These dangers may also cause the actual functionality of Zion to differ materially from the effects predicted by such forward-looking statements. These dangers and uncertainties include, but are not limited to, those described in Item 1A of the Report Zion’s Annual Report on Form 10-K. , which is expressly incorporated herein by reference, as well as other items that may be described from time to time in the documents. filed through Zion with the SEC. Zion can give no assurance that the expectations reflected in such statements will prove to be accurate and undertakes no obligation to update such statements.
See the content to download the multimedia: https://www. prnewswire. com/news-releases/zion-oil–gas-inc-receives-regulatory-approval-for-strategic-recompletion-project-in-israel- 302007882 . HTML
SOURCEAceite Zion