Less than a month ago, Noble Energy (NYSE: NBL), a Texas-based oil & gas producer, issued a press release that shocked the entire energy industry: it had made a HUGE natural gas discovery. According to Noble CEO Charles Davidson, “this latest major discovery for Noble Energy is easily the largest exploration discovery in our history.”As my friends already know, there is one well near Kever Benjamin city that found oil. People meet at the site on weekends to observe the flame and speculate about the share's next morning's price in TASE. There are other partnerships out there. For example:
U.S. company – Zion Oil & Gas (NasdaqGM: ZN) was founded by John Brown, a fundamentalist Christian from Dallas, Texas. Mr. Brown asked the Lord whether he will find oil in Israel and the Lord – reportedly – told him yes. He also refers to biblical passages for evidence that significant oil will be found in Israel:
Now the LORD had said to Abram:
Get out of your country,
From your family
And from your father’s house,
To a land that I will show you.
I will make you a great nation;
I will bless you
And make your name great;
And you shall be a blessing.
I will bless those who bless you,
And I will curse him who curses you;
And in you all the families of the earth shall be blessed.
The Almighty will bless you
with blessings of heaven above and blessings of the deep that lies beneath
Asher is most blessed of sons;
Let him be favored by his brothers,
And let him dip his foot in oil.
John Brown was right.
Pic.: Jim Fink, the "Hopelessly overeducated" author of Investing Daily.