Filed
pursuant to Rule 433
Registration
Statement No. 333-148982
The
article below is being published in the Jerusalem Post - Christian Edition,
July
2008
Advertisement
A
special
company
with
a
special task
in
a
special country
Background
Zion
Oil
& Gas was formed in 2000 by John Brown, a man of deep Christian faith. The
company, which is listed on the American Stock Exchange, explores for oil and
gas on two onshore exploration licenses covering approximately 162,000 acres
between Tel Aviv and Haifa.
Vision
From
day
one, the calling of Zion Oil & Gas was to assist in the restoration of the
Land by finding oil and gas, helping to make Israel politically and economically
independent.
Faith
& Science
In
the
beginning, Zion operated on faith alone, but today it is also based on hard
science. Zion's geologists have put together a country-wide seismic database
consisting of 219 seismic sections totaling 2,000 miles, so as to better
understand the geology of the license areas. We have included information
gathered from all of the wells drilled in Israel.
The
Zion
team is developing four leads and one prospect in the license areas and, based
on these studies, we believe that there are prospective hydrocarbonbearing
intervals at depths between 12,500 and 18,000 feet and that there may be
approximately 20,000 productive acres.
In
2005,
Zion drilled the Ma'anit #1 well on the Ma'anit structure in the
Joseph license
area, and shows of hydrocarbons were recorded from 12,000 feet to 15,500 feet,
but due to mechanical problems the well was abandoned in June 2007.
The
Future
However,
a tremendous amount was learned and, armed with that knowledge, the company
plans to re-enter the same wellbore this year and then 'sidetrack' (drill
directionally) to a distance approximately 2,500 feet northeast of the present
location by the time the well reaches its true vertical depth
of
18,040 feet (in the Permian section
of the Paleozoic Age).
 |
Pastor
John Hagee
meets
Zion Oil's CEO
in
Jerusalem
Left
to right:
Zion
CEO, Richard Rinberg
with
Pastor John Hagee, in
Jerusalem,
March 2008
|
New
Public Offering
Zion
has
licenses, scientific data, technology, qualified, experienced and honest people.
But oil and gas exploration costs money, so we need investors. In the event
of
success, the investors' reward may be great, not only financially but also
in
the knowledge
of being part of something truly
biblical and prophetic.
Zion's
underwriter is now accepting subscriptions at $10 per unit. Each unit will
consist of one share of Zion stock + one warrant. The warrant will allow you
to
buy another share at a fixed price of $7 until January 31, 2012, irrespective
of
the price on the stock market.
So
a $10
subscription will buy one share of Zion stock plus the right (but not the
obligation) to buy one more share at a fixed price of $7 at any time from late
2008 until January 31, 2012). The minimum subscription is 100 units or $1,000.
The
full
details are set out in the Prospectus which is available to download and review
on our website www.zionoil. com on the 'Investor Relations' page.
If
you
would prefer a hard copy, call: 1-888-TX1-ZION or 1-888-891-9466 or email:
ashley@zionoil.com
We
need
and value your support. Shalom from Israel.
Visit
us at
www.zionoil.com
NOTICE:
This communication shall not constitute an offer to sell or the solicitation
of
an offer to buy Units of Zion's securities, which may only be by prospectus,
nor
shall there be any sale of the Units in any state or country in which such
offer, solicitation or sale would be unlawful prior to the registration,
qualification or exemption under the securities laws of any such state or
country.
FORWARD
LOOKING STATEMENTS: Statements in this communication that are not historical
fact, including statements regarding the closing of the offering, the timing
and
results thereof, Zion’s planned operations, potential results thereof and
potential effects of those results on the market for Zion's securities and
returns on investments in those securities, are forward-looking statements
as
defined in the "Safe Harbor'' provision 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 Prospectus and
its
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 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 or its underwriter will arrange to send you the prospectus if you request
it
by calling toll free 1-888-TX1-ZION (1-888-891-9466). Direct links to the SEC
location, or to the documents in PDF, may be found on the home page of Zion
Oil & Gas. Inc., at www.zionoil.com.