Zion Oil & Gas, Inc. Company News

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Zion Purchases Land Rig, Forms New Subsidiaries
Zion will purchase the rig for drilling in Israel with immediately available cash.
7:00 PM EST | February 06, 2020
Zion Granted Approval to Drill Well Onshore Israel
Zion Oil & Gas has been granted approval by the State of Israel's petroleum commissioner to drill an oil well in Israel, within its 99,000 acre license.
7:00 PM EST | December 01, 2016
Zion in Talks with Viking for Land Rig to Drill in Megiddo-Jezreel License
Zion Oil & Gas is in discussions with Viking Services for the provision of a land rig to drill a well in the Megiddo-Jezreel License area in Israel.
8:00 PM EST | June 29, 2015
Israel Grants Zion Megiddo-Jezreel Petroleum License
Zion Oil & Gas announces that the State of Israel's Petroleum Commissioner awarded the Company a Megiddo-Jezreel Petroleum Exploration License.
7:00 PM EST | December 10, 2013
Zion to Re-Enter Israel Elijah Well
Zion O&G signs an agreement with Lapidoth regarding further exploratory work to be performed in Zion's Asher-Menashe License area in northern Israel.
8:00 PM EST | July 02, 2012
Zion O&G Receives Extension at Joseph License in Israel
Zion O&G reported that the Israeli Petroleum Commissioner has awarded the company a one-year extension on its Joseph petroleum exploration license in Northern Israel.
8:00 PM EST | October 26, 2011
Zion O&G Granted Exploration Extension at Israeli License
Zion O&G reported that the Israeli Petroleum Commissioner has awarded the company a one-year extension on its Asher-Menashe petroleum exploration license in Northern Israel.
8:00 PM EST | July 10, 2011
Zion O&G Reaches TD at Israel Well
Zion O&G has reached its target depth of approximately 19,357 feet (5,900 meters) in drilling its Ma'anit-Joseph #3 well.
8:00 PM EST | June 13, 2011
Zion O&G Applies for Israel Exploration Permit
Zion O&G announced that on June 13, 2011, the Company submitted an application to the Israeli Petroleum Commissioner's Office, requesting the grant of a new petroleum exploration permit area adjacent to Zion's Joseph License area.
8:00 PM EST | June 13, 2011
Zion O&G Notified of New Exploration License in Israel
Zion that it will be awarded a new petroleum exploration license on land within Zion's previous (and now expired) Issachar-Zebulun Permit area.
8:00 PM EST | April 13, 2011
Zion O&G Names New CFO
Zion O&G announced that Mr. Ilan Sheena CPA (Israel) has been appointed Chief Financial Officer of the Company.
8:00 PM EST | April 06, 2011
Zion O&G Says Hello to New Executive VP
Zion O&G announced that Mr. Victor Carrillo, a member of the Company's Board of Directors, has been appointed Executive Vice President of the Company.
7:00 PM EST | January 31, 2011
Zion O&G Appoints New Secretary, Treasurer
Zion O&G announced that Martin M. Van Brauman has been appointed Secretary and Treasurer of the Company.
7:00 PM EST | November 29, 2010
Zion O&G Extends Subscription Period for Rights Offering
Zion O&G has extended the expiration date for its pending rights offering to December 15, 2010.
7:00 PM EST | November 18, 2010
Zion O&G Commences Drilling at Israel Well
Zion O&G announced that drilling operations have begun on its Ma'anit-Joseph #3 well, in its Joseph License area, onshore Northern Israel.
8:00 PM EST | August 26, 2010
Zion O&G Shuffles Management
Zion O&G announced that, effective July 9, 2010, Kent S. Siegel has been appointed as Chief Financial Officer and Senior Vice President.
8:00 PM EST | July 08, 2010
Zion O&G to Drill Israeli Well
Zion recently signed an agreement with Kibbutz Ma'anit, the leaseholder of the land containing Zion's planned next well, the Ma'anit-Joseph #3 well.
8:00 PM EST | May 25, 2010
Zion O&G Signs Drilling Extension Contract
Zion O&G signed an extension to its drilling contract with Aladdin Middle East, which was originally executed on September 12, 2008.
8:00 PM EST | May 23, 2010
Zion O&G Secures Extension for Exploration Licenses
Zion O&G reported that the Israeli Petroleum Commissioner has awarded the company a one-year extension on each of its petroleum exploration licenses, the Joseph License and the Asher-Menashe License.
8:00 PM EST | May 17, 2010
Zion O&G to Spin Off Subsidiary
Zion O&G signed a Memorandum of Understanding with Aladdin Middle East outlining Zion's plan to establish a subsidiary.
8:00 PM EST | April 19, 2010
Zion O&G Welcomes New Director
Zion O&G announced that Mr. William L. Ottaviani has been appointed as a Director.
8:00 PM EST | April 12, 2010
Zion Raised Total Gross Proceeds of $45MM in '09
Zion's Chief Executive Officer, Richard J. Rinberg, commented, "During 2009, Zion's staff were successful in significantly moving Zion's business forward."
8:00 PM EST | March 16, 2010
Zion Oil & Gas to Resume Testing on Ma'anit-Rehoboth #2
Zion Oil & Gas is mobilizing its drilling rig, currently situated at the Elijah No.3 well, to resume production testing operations on the Ma'anit-Rehoboth No.2 well within two weeks.
7:00 PM EST | February 04, 2010
New President, COO Joins Zion Oil & Gas
Zion Oil & Gas announced that William L. Ottaviani has joined the Company as President and Chief Operating Officer.
7:00 PM EST | January 31, 2010
Zion Oil & Gas Posts Preliminary Results for Rights Offering
Zion Oil & Gas announced the preliminary results of its rights offering to stockholders, offering 3.6 million shares of Zion's common stock at a subscription price of $5.00 per share.
7:00 PM EST | November 30, 2009
Zion Oil & Gas Comments on Third Quarter Results
Zion Oil & Gas has commented on its recently released results for the quarter ended September 30, 2009.
7:00 PM EST | November 16, 2009
Zion Oil & Gas Appoints VP of Finance
Zion Oil & Gas announced today that, effective November 1, 2009, Ilan Sheena, a certified public accountant in Israel, joined the Company as Vice President of Finance of the Company's Caesarea branch.
7:00 PM EST | November 02, 2009
Zion Commences Drilling Operations on Elijah #3 Well
Zion Oil & Gas announced today that drilling operations have begun on its Elijah No.3 well.
8:00 PM EST | October 20, 2009
Zion Oil & Gas Rights Offering Fully Subscribed, $21MM Raised
Zion Oil & Gas announced that on June 24, 2009 it completed its previously announced rights offering.
8:00 PM EST | June 24, 2009
Zion O&G Scoops Up 165,000 Acre Exploration Permit Onshore Israel
Zion Oil & Gas was awarded a preliminary petroleum exploration permit with priority rights on approximately 165,000 acres onshore Israel.
8:00 PM EST | June 21, 2009
Zion Oil & Gas Kicks Off Drilling Operations in Israel
Zion Oil & Gas announced today that drilling operations have begun on its Ma'anit-Rehoboth No. 2 well.
8:00 PM EST | May 03, 2009
Zion Updates Drilling Schedule, Rig Arrives in Israel
Zion reported that the drilling rig to be used for the Ma'anit-Rehoboth-2 well arrived by ship at the Israeli Port of Haifa during the evening of April 18, 2009.
8:00 PM EST | April 19, 2009
Zion Files FY08 Results, Receives 'Going Concern' Qualification in Audit
Zion Oil & Gas filed on March 31, 2009, its Annual Report on Form 10-K for the fiscal year ended December 31, 2008.
8:00 PM EST | March 30, 2009
Zion Oil Anticipates Drilling Commencement in Israel by April 2009
Zion anticipates that the drilling rig contracted for the Ma'anit-Rehoboth No. 2 well will arrive in Israel, clear customs and be fully rigged-up to begin drilling in April 2009.
8:00 PM EST | March 19, 2009
Zion Applies for Petroleum Exploration Permit Onshore Israel
Zion Oil & Gas submitted an application to Israel's Oil Commissioner requesting the grant of a preliminary petroleum exploration permit on approximately 245,000 acres onshore Israel.
7:00 PM EST | February 25, 2009
Zion O&G Restructures Management
Zion Oil & Gas has appointed Martin M. Van Brauman as Chief Legal Officer and Senior Vice President, and Sandra Green as Chief Financial Officer and Senior Vice President.
7:00 PM EST | January 11, 2009
Zion Oil Purchases Drill Pipe for Ma'anit-Rehoboth Well in Israel
Zion Oil & Gas has contracted for a drill pipe to be used in drilling Zion’s upcoming Ma’anit-Rehoboth-2 well.
7:00 PM EST | December 15, 2008
Zion's Drilling Ops to Start in January after Rig's Delivery
Zion Oil & Gas has announced updated information regarding the status and importation into Israel of the drilling rig and crews contracted for with Aladdin Middle East.
7:00 PM EST | November 06, 2008
Zion, AME Ink Drilling Rig Deal for Planned Well in Northern Israel
Zion Oil & Gas and AME signed a contract in which AME has committed to provide a completely refurbished and updated 2,000 hp rig and crews to drill Zion's planned Ma'anit-Rehoboth-2 well slated for November.
8:00 PM EST | September 15, 2008
Zion, Aladdin Shake Hands on Drilling Contract Extension
Zion Oil & Gas announced that Aladdin Middle East and Zion have amended their June 18 protocol to extend to September 1, 2008 the date by which they are to sign a drilling contract.
8:00 PM EST | July 31, 2008
Zion Completes Seismic, Zeros in on New Site
Zion's geologic team has completed the processing of seven seismic lines, totaling over 52 km, and is reprocessing an additional 10 lines in two prosepective areas. A new well site, Elijah #3, has been selected on Zion's Asher-Menashe license.
8:00 PM EST | June 30, 2008
Zion Oil & Gas Signs with Aladdin to Drill Israeli Wells
Zion Oil & Gas has signed a memorandum of understanding with Aladdin Middle East confirming mutual intent to sign a drilling contract no later than July 31 to drill Zion's planned Ma'anit-Rehoboth #2 well and other wells in Israel.
8:00 PM EST | June 18, 2008
Zion Oil Seeks Funding for Exploration Program in Israel
Zion Oil & Gas, Inc. reported the filing of a registration statement with the SEC, for a follow-on public offering of a minimum of 325,000 units, up to a maximum of 2,500,000 units, at $10.00 per unit.
7:00 PM EST | January 31, 2008
Zion Completes Field Acquisition in Asher-Menashe Seismic Survey
Zion Oil & Gas, Inc. of Dallas, Texas and Caesarea, Israel, has successfully completed the field acquisition stage of its geophysical survey in its Asher-Menashe License area between Caesarea and Haifa, Israel.
7:00 PM EST | January 22, 2008
Zion Oil & Gas Commences Field Acquisition in Asher-Menashe
Zion Oil & Gas of Dallas, Texas and Caesarea, Israel commenced the field acquisition stage of its previously announced geophysical survey in its Asher-Menashe License area between Caesarea and Haifa, Israel.
7:00 PM EST | December 25, 2007
Zion Submits Permian Report for Planned Well
Zion Oil & Gas Inc. says that the company's geological team recently completed a year-long study of the deep Permian horizons on the company's Joseph and Asher-Menashe Licenses.
8:00 PM EST | October 29, 2007
Zion Oil & Gas to be Granted Joseph Exploration License in Israel
Zion Oil & Gas was notified by the Israeli Petroleum Commissioner's office that the Israeli Petroleum Commission recommended that the company's application for a petroleum exploration license, the Joseph License, be granted as submitted.
8:00 PM EST | September 25, 2007
Zion to Begin Onshore Israel Seismic
Zion Oil & Gas, Inc. has signed an agreement with the Geophysical Institute of Israel to conduct one of the largest and most comprehensive geophysical surveys on-shore in Israel of the past two decades.
8:00 PM EST | September 16, 2007
Zion Announces Results of Israel Workover
Zion Oil & Gas, Inc. on Monday announced that its geological and engineering team have completed its analysis of the test results of the first of four zones in the upper Triassic, which had been identified as potentially productive.
8:00 PM EST | June 17, 2007