Zion Oil & Gas Operations Update from Israel as of April 7, 2022

April 7, 2022
Update: MJ02 In Israel

Dear Zion Supporters and Shareholders,

Zion continues with progress to production testing for our Megiddo-Jezreel #2 (MJ02) well in Israel. Additionally, the process for evaluation of the well proposed by our geophysical team is actively continuing along with the arrival of technical staff from the United States, Canada, etc. We are eager to complete equipment inspections and run downhole for the final completion phase.

Currently, I’m in Israel along with Monty Kness, our COO, taking part in meetings with the Israeli government and observing our crew at a key stage of our operations. We are looking forward to our supervisory committee meeting with the Israeli government along with local municipalities.

Furthermore, the Zion team wishes to express our appreciation to the many among you that have contacted us regarding the situation in Ukraine and the broader region. None of these tragic developments have impacted our operations or contracted personnel thus far. Please join us in praying for peace.

As always, we give thanks to God and our loyal shareholders and supporters who make our work possible. We will continue to provide material updates when we have relevant information to share with the public.

Sincerely,

Rob Dunn
CEO