Zion Oil Commences Drilling Operations on its Elijah #3 Well
October 21st, 2009Dallas, Texas and Caesarea, Israel – Oct 21, 2009 – Zion Oil & Gas, Inc. (NASDAQ GM: ZN) announced today that drilling operations have begun on its Elijah #3 well.
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Zion Oil Rights Offering Declared Effective and Record Date Set at October 19, 2009
October 12th, 2009Dallas, Texas and Caesarea, Israel – October 12, 2009 – Zion Oil & Gas, Inc. (NASDAQ GM: ZN), announced today that the registration statement for its previously announced common stock rights offering was declared effective by the Securities and Exchange Commission on October 12, 2009. The offering will be open to all holders of record on October 19, 2009 (the “Record Date”).
Zion to Ring NASDAQ Opening Bell
September 2nd, 2009Dallas, Texas and Caesarea, Israel – August 31, 2009: Zion Oil & Gas, Inc. (NYSE Amex: ZN) announced today that the Company’s Founder and Chairman of the Board, John Brown, CEO Richard Rinberg, President and COO, Glen Perry and CFO Sandra Green, will ring the opening bell at the NASDAQ on Wednesday, September 2, 2009, in New York City.
ZION to switch to NASDAQ STOCK EXCHANGE on SEPT 2, 2009
August 17th, 2009Dallas, Texas and Caesarea, Israel – August 17, 2009: Zion Oil & Gas, Inc. (NYSE Amex: ZN) announced today that its board of directors has approved the decision to switch the listing of its common stock and common stock purchase warrants from the NYSE Amex to the NASDAQ Global Market (NGM). The Company also announced that it has received approval from NASDAQ to list its common stock and warrants on the NASDAQ Global Market.
Zion Oil & Gas Reports Second Quarter Results
August 14th, 2009Dallas, Texas and Caesarea, Israel – August 14, 2009: Zion Oil & Gas, Inc. (NYSE Amex: ZN) reported today its results for the quarter ended June 30, 2009. The company reported a net loss of $1,332,000 or $(0.12) per share for the second quarter of 2009 compared to a net loss of $1,169,000 or $(0.11) per share for the same quarter a year earlier. The company has no revenues as it is still an exploration stage company.
Zion Oil & Gas Rights Offering Fully Subscribed – $21 Million Raised
June 25th, 2009Dallas, Texas and Caesarea, Israel – June 25, 2009: Zion Oil & Gas, Inc. (NYSE Amex: ZN) announced today that on June 24, 2009 it completed its previously announced rights offering. The outcome of the rights offering, as of the close of business on June 24, 2009, indicates that (including over-subscription) the rights offering has been over-subscribed.
Zion Oil & Gas Awarded 165,000 Acre Petroleum Exploration Permit Onshore Israel
June 22nd, 2009Dallas, Texas and Caesarea, Israel – June 22, 2009: Zion Oil & Gas, Inc. (NYSE Amex: ZN) reported today that it has been notified by the Israeli Petroleum Commissioner’s office that the Company has been awarded a preliminary petroleum exploration permit with priority rights on approximately 165,000 acres onshore Israel. The permit area is adjacent to and to the east of Zion’s Asher-Menashe license area and is in the area that was formerly within Issachar’s and Zebulun’s ancient biblical tribal areas, consequently Zion has named the area the ‘Issachar-Zebulun Permit Area’.
Zion Oil & Gas Extends Subscription Period for Rights Offering
June 10th, 2009Dallas, Texas and Caesarea, Israel – June 10, 2009: Zion Oil & Gas, Inc. (NYSE Amex: ZN) announced today that it has extended the expiration date for its rights offering to Wednesday, June 24, 2009. The rights offering was originally scheduled to expire on Wednesday, June 10, 2009.
Zion Oil & Gas Reports First Quarter Results
May 15th, 2009Dallas, Texas and Caesarea, Israel – May 15, 2009: Zion Oil & Gas, Inc. (NYSE Amex: ZN) reported today its results for the quarter ended March 31, 2009. The company reported a net loss of $916,000 or $(0.08) per share for the first quarter of 2009 compared to a net loss of $1,039,000 or $(0.10) per share for the same quarter a year earlier. The company has no revenues as it is still an exploration stage company.
Drilling Operations have Commenced
May 4th, 2009Dallas, Texas and Caesarea, Israel – May 4, 2009 – Zion Oil & Gas, Inc. (NYSE Amex: ZN) announced today that drilling operations have begun on its Ma’anit-Rehoboth #2 well.