Tag Archives: oil exploration in israel
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 »
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 »
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 »
