Tag Archives: oil company
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 »
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 »
25 June 2009 – Operations Update # 7
This past week our drilling reached a depth of approximately 15,750 feet (4,800 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 92 feet (28 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 »
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 »
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 »
