Zion Oil and Gas, Inc. · OTC:ZNOG
Zion Oil and Gas — Investor Presentation (March 2012)
22 slides from Zion Oil and Gas's investor presentation, March 2012
Slide 1: Zion Oil & Gas March 2012
March 2012 ZION OIL & GAS NASDAQ: ZN www.ztonoil.com
Slide 2: Forward Looking Statements
Forward Looking Statements This Presentation includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts included in this Presentation regarding the Company’s financial position, future re
Slide 3: Zion's Mission
Zion’s Mission To assist Israel by exploring for and producing Oil & Gas in Israel Zion’s Drilling Team, 2010
Slide 4: In the beginning…
In the beginning… Founder & Chairman of the Board John Brown • 1983 to 2000 – Multiple business trips to Israel seeking funding and possible joint venture partners • Year 2000 – Joseph License granted to newly formed Zion Oil & Gas, Inc.
Slide 5: 2010 U.S.G.S. Study
2010 U.S.G.S. STUDY “The US Geological Survey estimated a mean of 1.7 billion barrels of recoverable oil and a mean of 122 Tcf of recoverable gas in the Levant Basin Province using a geology based assessment methodology.”
Slide 6: Tamar (2009) and Leviathan (2010)
Tamar (2009) and Leviathan (2010) • Largest global offshore natural gas finds in the past decade • ~25 trillion cubic feet of natural gas • Mediterranean Sea, offshore Israel • Water depth: ~5,500 feet • Well depth: ~16,000 to 23,600 feet
Slide 7: Zion's Assets
Zion’s Assets Licenses & Permits (onshore Israel) Staff and Management Team Board Member Expertise Loyal stockholders Financial Assets No debt
Slide 8: Zion's Exploration Areas Active & Pending
Zion’s Exploration Areas Active & Pending • All onshore Israel (within the pre-1967 border) with 100% Working Interest • If all applications granted, Total Petroleum Exploration Rights: ~ 530,000 acres
Slide 9: Zion's Exploration Licenses in Northern Israel – 218,000 acres
Zion’s Exploration Licenses in Northern Israel – 218,000 acres • Joseph License – 83,000 acres • Asher-Menashe License – 79,000 acres • Jordan Valley License – 56,000 acres
Slide 10: Pending Exploration Rights Applications Onshore Israel
Pending Exploration Rights Applications Onshore Israel - 312,000 acres •Asher-Joseph Permit • Dead Sea License 80,000 acres 75,000 acres •Zebulun Permit 157,000 acres
Slide 11: Management Team
Management Team Name Position Background Founder & Senior Executive at two ‘Fortune 500’ John Brown Chairman of the Board companies Richard Rinberg CEO & Board Member Chartered Accountant – entrepreneur Geologist, Geophysicist, Attorney & Former COO, President & Victor G. Carrillo Chairman of the Te
Slide 12: Technical Committee
Technical Committee Forrest Garb Reservoir Evaluation Engineer - Founder of Forrest Garb Associates. (AAPG) Co-Chairman & Former President of the Society of Petroleum Evaluation Engineers. Board Member Member of: Petroleum Engineers Club (Dallas), Geological Society (Dallas), American Association of
Slide 13: Stockholders
Stockholders • Approximately 18,000 individual stockholders • Many of Zion’s stockholders are Christians and Jews who very loyal to Zion Oil & Gas and our mission to help Israel become more energy independent
Slide 14: Capital Structure
Capital Structure December 31, 2011 million Shares Issued (ZN) approx. 30.4 (Authorized 100 million) Warrants Issued: $7.00 warrants (ZNWAW) approx. 0.5 $4.00 warrants (ZNWAZ) approx. 3.3 $3.50 warrants (ZNWAL) approx. 9.8 ESOP Options 2.2 Total shares (fully diluted) 46.2 million
Slide 15: Financing
Financing (2007 – 2011) US$ million IPO on AMEX (2007) 12.6 Follow-on Offering (2008) 6.6 Rights Offering #1 (Jun 2009) 21.0 Rights Offering #2 (Nov 2009) 18.0 Rights Offering #3 (Jul 2010) 12.3 Rights Offering #4 (Dec 2010) 18.2 Rights Offering #5 (Jul 2011) 24.6 Total Funds Raised
Slide 16: Joseph License - Wells Drilled
Joseph License - Wells Drilled • Ma’anit #1 (2005) Depth ~15,500 feet • Ma’anit #2 (May - Dec 2009) Depth ~17,900 feet • Ma’anit #3 (Aug 2010 – Jul 2011) Depth ~19,300 feet – One of deepest onshore wells in Israel – Significant gas shows during drilling – New info on geology of Northern Israel • Eve
Slide 17: Asher-Menashe License – Well Drilled
Asher-Menashe License – Well Drilled • Elijah #3 (Oct 2009 - Feb 2010) Depth ~10,940 feet • Temporarily Suspended
Slide 18: Drilling a well in Israel is a multinational project
Drilling a well in Israel is a multinational project SCOTLAND: HOLLAND: GERMANY: ITALY: ENGLAND: Directional Perforation Directional Cementing, Casing and Survey Equipment Drilling Logging, Insurance Testing, Bits Services USA: CHINA: Casing, Casing Tubing, and Logging TURKEY: Rig crew, ISRAEL: Tech
Slide 19: Key Onshore Discoveries in Israel
Key Onshore Discoveries in Israel Heletz Field - 1955 • Israel’s most significant onshore oil field discovery, to date • 17 million barrels produced • Today, only stripper well production Meged Field - 2010 • Just South of Zion’s Joseph License • Baker Hughes RDS Report: Proved reserves: 2.6 million
Slide 20: The future belongs to those who prepare for it…
The future belongs to those who prepare for it…
Slide 21: Future Opportunities
Future Opportunities Unique time to participate in Israel’s Oil & Gas industry with the possibility of significant new hydrocarbon discoveries In the Levant Basin • Zion Drilling, Inc. – Possibly establish a 51% Subsidiary of Zion Oil & Gas • Current Onshore licenses • New Onshore and Offshore licen
Slide 22: Thank you!
In the past 10 years, Zion Oil & Gas has developed from a ‘start-up’ into a company quoted on NASDAQ and a member of the Russell 3000 index. In the next 10 years, we plan to grow the business significantly. We believe that the best is yet to come… Thank you!