Tag Archives: blessings of the deep
11 September 2009 – Operations Update # 18
In particular, three separate items have occupied our attention this past week, as follows:
(1) The Drilling – The cement plug was set in the hole, in order to ‘sidetrack’ the hole, i.e. drill at an angle, in order to go around any remaining … Continue reading »
28 August 2009 – Operations Update # 16
This week, I want to share with you a number of photographs taken during the past week. The photographs, together with my comments, will update you regarding some of our work during the past seven days.… Continue reading »
21 August 2009 – Operations Update # 15
Last week, I mentioned that one of the drill bits was literally ‘torn to bits’ and that when we pulled the drill bit out of the hole, it was missing all three of its cones.… Continue reading »
ZION to switch to NASDAQ STOCK EXCHANGE on SEPT 2, 2009
Dallas, 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 … Continue reading »
Zion Oil & Gas Reports Second Quarter Results
Dallas, 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 … Continue reading »
31 July 2009 – Operations Update # 12
This past week, we continued to make drilling progress and, as I write, we are drilling through a shaley siltstone (a hardened fine-grained sedimentary rock) at a depth of approximately 16,400 feet (5,000 meters) and are again making progress towards our final target of … Continue reading »
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 »
28 Apr 2009 – Rigging Up Continues
As you can see we are still in Rigging Up mode. To get an idea of just how big this equipment is, Zion’s CEO, Richard Rinberg, stands near one of the rigs tanks.… Continue reading »
