Zion Oil and Gas Inc (QB) (ZNOG) News

Largest gas field in Europe shutdown. No frackin' in Groningen, the Greenies won.

"The Netherlands officially shut down the Groningen gas field on Friday after the authorities approved a permanent halt to drilling operations at the site to limit seismic risks in the northern region."

"Opened in 1963, Europe’s largest gas field became a major contributor to the Dutch economy, and still has huge reserves of gas. It produced more than 50 billion cubic meters of gas at its peak ten years ago. However, the region has recorded over 1,600 earthquakes since 1986 which have damaged 85,000 buildings. It is not clear whether the halt to production is enough to prevent seismic activity in the region, as empty cavities remain underground."

"According to Reuters, gas profits have delivered €363 billion ($385 billion) to the Netherlands since production was launched, while Shell and Exxon’s profits from Groningen amounted to nearly €66 billion over the same period."

What's on the voting slots this time?
Just the Officers and continuation?
Did they ever put in more shares to the Pool ? And that's what dilutes every evening ???
Inquiring minds want to know.

And yes.....i know this is going to stir up the Shorters again ..... but so what

What they don't mention in the proposed transaction is a little French kiss down in Guyana...instead of an all American hug. Friends helping friends.
https://demerarawaves.com/2024/04/11/french-company-to-supply-gdf-with-offshore-patrol-vessel-venezuela-condemns-deal-as-threat-to-regional-peace/

How many times has this been done around the world for the past 100 years? ahh yes, they always give the "transition" to a brave new greenie world a nice handshake at the end of each PR/article.

So will Zion be so fortunate to get this kind of assistance?

The proposed transaction—which remains subject to a formal information and consultation procedure already underway with Esso SAF employee representative bodies, as well as to regulatory approvals—would include transfer of 310 employees Esso Raffinage and Esso SAF working at the sites to Rhône Energies in accordance with regulations currently in force, Esso SAF said.

The proposed divestments come as part of Esso's long-term strategy in France aimed at maintaining the competitiveness of its operations, while guaranteeing continuity of supply to its customers in the south of France, according to Charles Amyot, chief executive officer and chairman of Esso SAF.

“We are convinced that under the leadership of Rhône Energies and thanks to its support, the teams will continue to work tirelessly to supply the energy products needed on the market while continuing the site's commitment to the energy transition,” said Amyot.

Following the proposed sale, Esso SAF said it will continue supplying customers in throughout the region with fuels and specialty products such as lubricants, base oils, and bitumen, from its 244,000-b/sd (231,800 b/cd) Notre-Dame-de-Gravenchon refinery in Port-Jérôme-sur-Seine, Normandy, in northern France.

Under terms of the proposed acquisition—financial details of which remain confidential—Trafigura said it would enter into a minimum 10-year exclusive crude oil supply and product offtake agreement, including ownership of crude oil and product stocks in tank, to ensure the refinery has a secure supply of on-demand feedstock at competitive costs, as well as a reliable off-taker of refined products destined to the domestic market.

Upon completing the acquisition, Rhône Energies said it plans to further improve the refinery’s margin capture, crude flexibility, and process utilization, and to invest in sustainability of the site to reduce its carbon intensity footprint.

Rhône Energies confirmed additional investments into the refinery would entail growth projects to enable further co-processing of biogenic feedstocks for production of renewable fuels.

Completion of the proposed transaction is anticipated by the end of 2024, the parties said.
Shuttering of Gravenchon chemical operations

Announcement of Esso SAF’s proposed divestment of the Fos-sur-Mer refining and logistics assets comes on the same day as ExxonMobil’s 100%-owned ExxonMobil Chemical France (EMCF) revealed its plan to permanently close the primary chemical production unit at its Gravenchon site co-located near Esso SAF’s Gravenchon refinery in Port-Jérôme-sur-Seine.

Following more than €500 million in losses since 2018, EMCF aims to shut down its Gravenchon steam cracker—which produces 400,000 tonnes/year (tpy) of ethylene—as well as related derivatives units and logistics installations, the operator said.

“Despite efforts to reduce costs and improve the site’s economics, [the site] not competitive in the market…[as] configuration of the steam cracker, its small size compared to newer units, high operating costs in Europe, and higher energy prices make it uncompetitive,” ExxonMobil said.

Anticipated to occur in 2024 but still subject to relevant government approvals, the proposed closure would result in the loss of 677 ExxonMobil jobs in France that would be reduced over time through 2025. No employment separation is considered before 2025, the company said.

As part of the proposed shuttering, ExxonMobil said it plans to close associated buildings, decommission equipment, and over time, fully remediate the site.

A separate entity, the Esso Gravenchon refinery in Port-Jérôme-sur-Seine, remains financially stable, and in current market conditions, will continue to operate and supply France with fuels, lubricants, basestocks and asphalt, ExxonMobil confirmed.

Regarding the impacted workforce, the operator said it will initiate its search for individual and collective solutions following consultation with applicable works councils, and enhanced support measures aimed at helping employees finding new jobs will be made available.

In the meantime, ExxonMobil said it is already contemplating options for how it can assist in creating possible new uses for the lands made available following remediation of the chemicals manufacturing site.

In addition to ethylene, EMCF’s Gravenchon complex also produces 400,000 tpy of polyethylene and 300,000 tpy of polypropylene, according to ExxonMobil’s 2023 annual report to investors.

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Thank you, blessings to you as well. Have a good weekend.

I am expecting the same to develop with Zion in Israel. The huge port being planned is part and parcel of the development plans that will happen once Hamas is cleared out.

please elaborate on your article sir.....

This is what happens when you get intel on your side.... as corrupt as they are they walk with a swag and always have.
https://demerarawaves.com/2024/04/12/exxonmobil-guyana-moves-forward-with-sixth-offshore-development/

Fantastic. Blessings to all.

Not yet but getting there. Met my first goal of 100,000 shares and am working on getting 200,000 shares now.

Did you make your goal yet?

Lol, and I will keep buying at these low prices. I love poker but don't play much anymore since losing much of my sight and am disabled due to spine injuries.

30,000 SHARES ???!!!!!
Serious Coinage !!!

I cordially invite you to one of our Thursday Poker Nights
We are not very good.....and just learning how to play.

Let me know asap....

I did, 30,000 shares at .075. I am a happy camper.

Well..... I think Mr. Porky lost some money on a bet that he could crash ZN in less than a year.
He's back at it again....double or nuthin.

Porky.....just a note. There are so many times that God shows up at the last minute to show everybody Who is in charge.
Remember Noah.... He was building an Ark when the World had never seen a drop of rain.
I bet you would have been on the front row throwing tomatoes at Noah.

When ZN hits.... I bet you will be nowhere to be found. Slinking away to other stock boards.

I don't know about everybody else, but I have seen too many times in the Bible when everything seems hopeless.....and then BOOM !!!!

And I need to know who is buying right now ? Look at the volume.

Let's see you take over the company in the middle of a war with incoming flying over head, then work into the Holy Week all not very far from where the Big Man was born. What excuses would you then come up with?

There is going to be a huge port development project once Hamas is cleared out. It will be huge for tourists and "fossil" fuel transport. It's only a matter of time.
Iran won't do anything except rattle some sabers basically. Drilling for carbons is a done deal. Get used to it. Zion lives on to produce oil/gas whether at the present location or elsewhere irregardles of what any short greenie predicts. OIL and GAS majors are drilling all over the world as if they know the green revolution is far from capable of supplying growing energy needs for the foreseeable future.

LOL, good one. I will go out and buy some Warby Parkers for that event!!

These guys would get fired from a legitimate oil company. The only thing they've ever produced is excuses.

That's very perceptive of you.........

<< Looks as though they haven’t even started yet! >>

Yes, they have now kicked the can down the road until at least Q3....

Wash, rinse, repeat....

Update from Zion.
Looks as though they haven’t even started yet!
https://mailchi.mp/zionoil/update-386129?e=4e97ae8d53

If you miss the upcoming eclipse, there's going to be a secondary one later that same day.
At about 8:00 pm, the earth will block out the sun and it will go completely dark for a period of about 10 hours.

Not at all the 7 and a 1/2 cents, it has nothing to do with it. It's the fact that it's going up no matter what you shorties do. No news and it holds or goes slightly up with all the things going on there.

Resilient, that's it.

Better than 6 1/2 cents Porky......
Are you in Competition ???

All the way up to 7 1/2 cents? Only the current crop of insiders that have issued themselves new warrants are able to make money at that level.

Damn Right.....
Mr. Weiner Schnitzel must have taken the day off.

Well this is nice, no news and up.


Good deal.

I'd really like to get my hands on the guy that waits to the end of the day to SPOIL everybody's day.

Whoever you are...... you WEINER !!!!!

At the very first I thought you were saying........ "menstruate"......

And I said......"Whaaaaaat"

Who’s buying family and friends!
At least it’s moving in the correct direction.

Oh dear thank you for the Education. I was referring to Hank Stram's famous quote maybe I got it a bit wrong but I think you knew what I meant.

Matriculate...... I do not think it means what you think it means.

https://www.merriam-webster.com/dictionary/matriculate
.Derived from the Latin word “matricula,” meaning “register” or “list,” “matriculate” refers to the act of enrolling or admitting oneself into a college, university, or any educational institution. It conveys the idea of officially joining an academic community and commencing one’s educational journey.

It's just matriculating down the field some good news and it will lift off.

What's going on here ???
Why is this stock rising ?
We're making money now !!!!

Insiders as in govt or ngo active or past employed acting also as insiders to the company whether as large investor, on the Board, or as Advisors.
Yes, it could be a very good and important point.

Monroe..... please review my question

What I want to know; How many X intel or defense department insiders are there in ZNOG?

Insiders as in The Board of Directors ??
Insiders as Investors ??
Insiders as Advisors only ??

And if there was any great profits generating from ZNOG - I would say this is a very good point.

Just trying to understand your question.

Have a GREAT DAY !!!

What I want to know; How many X intel or defence department insiders are there in ZNOG? Anyone know who they are and how many?

That is not what he asked. Stay on topic.

I would expect them to sit on any good news until a more peaceful situation. Declaring oil now would just attract projectiles.

That's ok......no problem
talk is cheap .....consider the source.

All appears to be quiet as we enter the final week of the 1st quarter of the year. This is where it was said that we would be down in the hole trying out the new fracking methods. I find it interesting that the final day of the first quarter, March 31 st, just happens to fall on Easter Sunday. Could we already be down there, for a couple of weeks or even a few days now? Sure. They never said we would be notified once work began just that it would happen sometime during the first quarter. I’m not sure that Easter is a sign or not, but one thing I am sure of and that is once success begins, His fingerprints will be all over it!

You're calling someone despicable?

YOU"RE RIGHT !!!!

I'm selling all my stock tomorrow .....

thanks for the Stock Advice

I don't like any of the religious charlatans who prey on gullible believers for their own enrichment. ZNOG is a part of this type of exploitation.

You don't like Hal Lindsey ....... shame shame shame.....

How can this be a FRAUDULANT SCAM when we have a Rig and a Well .... and some guys drilling ?

That is 1 despicable human being.
...Hal Lindsey...

Did Isaiah suggest that fraudulent stock schemes like ZNOG would share in the wealth?

GoldBug...... Thank you for words of encouragement

God has blessed Israel with:
Natural Gas: Leviathan Basin
Agriculture:
Generating Water from out of thin air
Technology : have you seen some of the Antivirus Software written by Israelis ?
Ordinance : Israel has the latest and greatest defense systems ever devised

And yes.... I think Oil is on the agenda as well.....it's just WHEN is the question.

Who is dumping 7 million shares and then somebody buys them back the next day .....WTF.....over

The prophet Isaiah wrote a number of times that “The wealth of the nations would flow into Israel”. Other than oil, exactly how would that happen? The only question is it about to begin now? If they are going to start their exploration of MJ1 during the first quarter, then there are 15 days left for that to happen. Shorters should stock up on shares now in anticipation of a jump (probably small) in share price, while others think this could be what we’ve been waiting for. If we are not successful in this endeavor, I don’t see us raising the necessary $30 plus million to drill again somewhere else as I’ve written before so I put great hope, excitement and prayer that this is the time and geopolitically what it will take to get certain factions off Israel’s back!