Tag Archives: asher
24 July 2009 – Operations Update # 11
Since last week, we continue to make drilling progress but, due to the very deep depths we are working at and the time taken when we were:… Continue reading »
Zion Oil & Gas Rights Offering Fully Subscribed – $21 Million Raised
Dallas, 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 … Continue reading »
18 June 2009 – Operations Update # 6
This past week our drilling reached a depth of approximately 15,100 feet (4,600 meters).
As in previous weeks, the drilling is proceeding very well indeed and we are ahead of schedule. To date, our maximum drilling rate has been approximately 35 feet (10.7 meters) … Continue reading »
15 May 2009 – Operations Update # 1
The drilling operations of the Ma’anit-Rehoboth #2 well can be divided into eight distinct steps:
(1) Re-entering the Ma’anit #1 wellbore and cutting and retrieving the 7 inch casing from 3,000 meters.… Continue reading »
Zion Oil & Gas Reports First Quarter Results
Dallas, 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 … Continue reading »
Drilling Operations have Commenced
Dallas, 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.… Continue reading »
Drilling Schedule Updated: 2,000 Horsepower Drilling Rig Arrives in Israel
Dallas, Texas and Caesarea, Israel – April 20, 2009 – Zion Oil & Gas, Inc. (NYSE Amex: ZN) announced today updated information regarding the import into Israel of a drilling rig and crews owned and employed by Aladdin Middle East Ltd (AME). AME … Continue reading »
Zion Oil Reports Results for Fiscal Year 2008
Caesarea, Israel – March 31, 2009 – Zion Oil & Gas, Inc. (NYSE Amex: ZN), of Dallas, Texas and Caesarea, Israel, filed on March 31, 2009, its Annual Report on Form 10-K for the fiscal year ended December 31, 2008. The Company reported … Continue reading »
Zion Oil Commences Drilling Rig Mobilization
Dallas, Texas and Caesarea, Israel – March 20, 2009 – Zion Oil & Gas, Inc. (NYSE Amex: ZN) announced today that Zion has advised Aladdin Middle East Ltd (AME) that AME should proceed with mobilization of the 2,000 horsepower drilling rig that Zion plans … Continue reading »
Zion Oil Applies For Petroleum Exploration Permit On 245,000 Acres Onshore Israel
Dallas, Texas and Caesarea, Israel – Zion Oil & Gas, Inc. (NYSE Alternext US: ZN) announced today that, on February 24, 2009, Zion submitted an application to Israel’s Oil Commissioner requesting the grant of a preliminary petroleum exploration permit on approximately 245,000 acres … Continue reading »
