Zion Oil & Gas, Inc. :: Oil in Israel. (888) 891-9466.

Zion Oil Frequently Asked Questions (FAQ) and Public Question Forum

We have prepared this page to allow our supporters and shareholders to ask questions and get thoughtful answers from us. We understand there is a lot of distortion and misinformation about Zion Oil & Gas on the internet. This page will help you get clear answers and get accurate information.

How to use this page:

1. Review the questions and answers below.
2. Ask your question in the comment field if you do not find the answer.
3. We will review your questions and answer as quickly as possible.

Note: We may not post all questions since there are likely to be repetitive questions or questions that we are not legally able to answer in this forum. If you wish to view investment related questions, please click HERE.

> MOST OFTEN ASKED QUESTIONS AND IMPORTANT QUESTIONS
Zion is dedicated to exploring for oil and gas onshore Israel and is 100% focused on its Megiddo-Jezreel License, a large area south and west of the Sea of Galilee that includes the Jezreel and Megiddo valleys. This license gives Zion the exclusive right to explore in an area of approximately 99,000 acres that appears to possess the key geologic ingredients of an active petroleum system with significant exploration potential. Zion’s latest information on ongoing operations can be found on their website: https://www.zionoil.com/updates

Zion’s common stock trades on the NASDAQ Global Market under the symbol “ZN”.

All of this information is contained within the filings with the SEC. Please know that stock issuances do not mean executive staff actually exercise and/or sell the shares. Much of the rumors on the internet about how much the executive staff makes are exaggerated.

1. It is essential to understand that reportable compensation does not equal W-2 earnings.

2. Salary and Bonus represent less than 49% of all reportable compensation.

3. Stock options awarded, regardless of whether those options were exercised, represent over 38% of all reportable compensation.

4. It is important to note that there has been a company-imposed blackout period, restricting the sale or purchase of stock for all employees, implemented on May 15, 2017, which remains in effect to date.

As we previously disclosed, the Securities and Exchange Commission (“SEC”) first informed Zion of a non-public, fact-finding inquiry by subpoena for production of documents received on June 21, 2018, before which Zion had no formal or informal communication with the SEC regarding this matter.

The SEC has asserted no accusation of wrongdoing nor have they expressed any negative opinion of any person within Zion. Zion continues to fully cooperate with and work with the SEC.

Zion has been a publicly reporting company since 2007 whose stock has been listed on Nasdaq since 2009, in which time it has filed, as required, audited annual reports on Form 10-K and quarterly reports on Form 10-Q, in compliance with all relevant SEC and Nasdaq rules. We would ask that you refer to those filings to help answer any questions you may have about Zion.
Please see 8-K filed on January 9, 2020:

On January 7, 2020, Zion Oil & Gas, Inc. (“Zion” or “Company”) received a written notice from the Listing Qualifications Staff (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based upon the Company’s continued non-compliance with the $1.00 bid price, as set forth in the Nasdaq listing Rules 5550(a)(2), the Staff had determined to delist the Company’s common stock and warrants from The Nasdaq Capital Market effective January 16, 2020, unless the Company requests a hearing before the Nasdaq Hearings Panel (the “Panel”) in a timely manner. The Company will request the necessary hearing before the Panel, which will stay any further action by the Staff at least pending the ultimate conclusion of the hearing process. During the pendency of the requested hearing before the Panel, the Company’s common stock and warrant securities will remain listed and trading on Nasdaq.

The Company is diligently working to evidence compliance with all applicable requirements for continued listing on The Nasdaq Capital Market and intends to submit a plan to that effect to the Panel as part of the hearing process. The Company will present its exploration plans with the sourcing of a drilling rig and other information on its prospects that should make any reverse-stock split unnecessary to achieve bid price compliance. However, there can be no assurance that the Panel will grant the Company’s request for continued listing on Nasdaq or that the Company will be able to regain compliance with the applicable listing criteria within the period of time that may be granted by the Panel. In the event that the Panel does not accept the Company’s plan for continued listing of the Company’s securities on Nasdaq, the Company’s common stock would be eligible for trading on the OTCQX or OTCQB, which is operated by OTC Markets, Inc.

Please review the posted questions and ask your question in the comment field if it has yet to be answered:

Responses (68)

  1. Joey Watt
    October 15, 2019 at 9:12 am · Reply

    Do you anticipate any upward movement of the stock’s value in the next year? I see that it was valued much more highly about a year ago.

    • Zion Oil & Gas, Inc.
      October 16, 2019 at 3:48 pm · Reply

      We cannot predict how the stock will behave. We will move forward undeterred.

  2. Michael D Bentley
    June 24, 2019 at 1:34 pm · Reply

    I tried to make a first time investment by internet. I wanted 1 unit at $250. But at the end it was listed a $500 investment. I have no stocks. Do I need an AST FINANCIAL STOCK ACCOUNT?

    • Zion Oil & Gas, Inc.
      June 25, 2019 at 7:27 am · Reply

      For investment questions related to personal or specific situations, please email invest@zionoil.com or call 214-221-4610.

      • Zion Oil & Gas, Inc.
        June 25, 2019 at 7:34 am · Reply

        We have forwarded this comment to the investor relations team for a quick response.

  3. benjamin
    June 23, 2019 at 12:58 am · Reply

    Hi there, has Dustin Guinn resigned as CEO and why hasn’t zionoil mentioned it?

    • Zion Oil & Gas, Inc.
      June 25, 2019 at 7:25 am · Reply

      Hello, we released it publicly on April 17. The same day we announced Mr. Dunn joining Zion – see HERE.

  4. Rebecca Brady
    May 30, 2019 at 4:52 pm · Reply

    what is the minimal amount one can invest?

    • Zion Oil & Gas, Inc.
      June 13, 2019 at 11:04 am · Reply

      Hello Rebecca, the first investment in the DSPP Program is $250 and can be as little as $50 for registered investors. If you wish to invest through a brokerage, then please see their stipulations.

  5. Bobbie Swearingen
    February 5, 2019 at 7:04 am · Reply

    When can I buy my penny stock since I invested in the block buy?

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