zion oil and gas

18 December 2009 – Operations Update # 33

December 18th, 2009

As the holiday season arrives, our work continues without letting up on the pace.

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11 December 2009 – Operations Update # 32

December 11th, 2009

The past week has been most eventful, as every day revealed itself. Here are just some of the events:

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4 December 2009 – Operations Update # 31

December 4th, 2009

The Ma’anit-Rehoboth #2 Well

We drilled the Ma’anit-Rehoboth #2 well to a depth of 17,913 feet (5,460 meters).

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Zion Oil & Gas – $18 Million Rights Offering Oversubscribed

December 1st, 2009

Dallas, Texas and Caesarea, Israel – December 1, 2009: Zion Oil & Gas, Inc. (NASDAQ GM – ZN) announced today the preliminary results of its rights offering to stockholders, offering 3.6 million shares of Zion’s common stock at a subscription price of $5.00 per share. The rights offering terminated yesterday, November 30, 2009, as originally scheduled. Preliminary results indicate that subscriptions were received for over $37 million, significantly greater than the maximum available of $18 million.

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25 November 2009 – Operations Update # 30

November 25th, 2009

The Ma’anit-Rehoboth #2 Well

We drilled the Ma’anit-Rehoboth #2 well to a depth of 17,913 feet (5,460 meters) and the proposed completion procedures planned for this well have now been reviewed and agreed.

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13 November 2009 – Operations Update # 28

November 13th, 2009

The Ma’anit-Rehoboth #2 Well

In previous weeks, I have summarized the situation regarding this well.

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6 November 2009 – Operations Update #27

November 6th, 2009

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Zion Oil Announces Staff Appointment

November 3rd, 2009

Dallas, Texas and Caesarea, Israel – Nov 3, 2009 – Zion Oil & Gas, Inc. (NASDAQ GM: ZN) announced today that, effective November 1, 2009, Ilan Sheena, a certified public accountant in Israel, joined the Company as Vice President of Finance of the Company’s Caesarea branch.

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30 October 2009 – Operations Update # 26

October 30th, 2009

Here is an update of our progress during the past week.

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23 October 2009 – Operations Update # 24

October 23rd, 2009

Drilling Operations on the Elijah #3 Well

Zion’s Asher-Menashe license area is along the Israeli coastal plain and on the Mount Carmel range, between Caesarea and Haifa. The Elijah #3 well site is situated approximately 12 miles north of Caesarea, just off Road 4.

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