Zion Oil & Gas in Unique Position to Help Supply Israel’s Energy Security Needs

Zion Oil & Gas in Unique Position to Help Supply Israel’s Energy Security Needs

“Our excitement continues to build regarding our upcoming deep (~15,000 foot) well! We are currently completing construction of our drill site in northeast Israel and will be moving the rig to the site in a few weeks in anticipation of spudding the well this spring,” said Victor G. Carrillo Zion’s CEO. zionBuoying our optimism further is an independent study by the international consulting company Beicip-Franlab, as recently reported by Israel’s Energy Ministry, finding that up to 6.6 billion barrels of oil remain to be found in the offshore portion of Israel’s Levant Basin. Zion’s license lies in the onshore portion of the Levant Basin. Source / More : Zion Oil & Gas oilandgasOil and Gas News Undiluted !!! “The squeaky wheel gets the oil” Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook Contact us / e-mail us your News and Releases: info@oilandgaspress.com]]>

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