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. Ken zuvich
    January 23, 2019 at 4:36 pm · Reply

    How do i know if I have exercised all my warrants? Thanks

    • Zion Oil & Gas, Inc.
      February 26, 2019 at 11:27 am · Reply

      Best to check your account in AST Financial (our transfer company). You can find instructions on how to do that here – https://www.zionoil.com/dspp/dspp-faq/

  2. Edith Rodriguez
    January 20, 2019 at 3:26 pm · Reply

    Can I just invest $250 and then if I have more invest again? Or am I obligated to continue to invest?

    • Zion Oil & Gas, Inc.
      February 26, 2019 at 11:29 am · Reply

      You may invest when you’d like. After enrolling in the DSPP program for the $250 minimum, then all future investments can be made for a minimum of $50.

  3. Candice Mohamed
    January 19, 2019 at 10:39 pm · Reply

    I have never invested in any company, but Zion Oil and Gas had been in my heart for many years. I don’t know how this works. What does a first time investor in the US do?

  4. Trudy
    January 19, 2019 at 3:18 pm · Reply

    When you have production, will you be able to offer dividends?

    • Zion Oil & Gas, Inc.
      February 26, 2019 at 11:31 am · Reply

      That depends on what the Board of Directors decides.

  5. Jan Pope
    January 7, 2019 at 3:14 pm · Reply

    Hello!

    I am interested in investing, but don’t have a lot right now. How much do I invest each time? And how often?.i.e….every month, or 6 months? And can I use a credit card to purchase more after my first initial payment? Thank you.

    • Zion Oil & Gas, Inc.
      January 10, 2019 at 2:27 pm · Reply

      Jan, you may invest when you’d like. If you wish to purchase directly (through our DSPP Program), it requires a $250 minimum first-time investment for stock and that will set up your account. After that, you may participate for as little as $250. Feel free to go here to learn more about our latest Unit Program: https://www.zionoil.com/unit-program/

  6. Greg Brezina
    January 3, 2019 at 3:42 pm · Reply

    Is Zionoil’s vision (their faith) the same today as it was at the start of the company (Duet. 33:24)? Does Zn’s mgt. still believe that they will find oil and/or gas to help sustain the nation of Israel?
    Thank you, Greg

    • Zion Oil & Gas, Inc.
      January 10, 2019 at 2:37 pm · Reply

      We can say that our vision remains the same as from the beginning and that management does believe Zion will find oil and/or gas onshore Israel.

  7. Charles Brown
    December 14, 2018 at 11:44 am · Reply

    When will we start 3D testing?

    • Zion Oil & Gas, Inc.
      December 17, 2018 at 4:55 pm · Reply

      We will announce expectations publically when we are prepared to do so.

  8. Frank K
    December 10, 2018 at 1:14 pm · Reply

    How much does Zion oil pay out to all its executives every month?

    • Zion Oil & Gas, Inc.
      December 13, 2018 at 5:12 pm · Reply

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

  9. Gretchen Homme
    December 8, 2018 at 11:34 am · Reply

    If at some point you strike oil. I know Israel will benefit but will the people who are buying shares (me too) will we get some payment. I am new at this and I am trusting in God for this. How does the plan I bought work? I have bought shares here and there.

    Hello,

    I have an uncle who has oil shares in ND and he gets payment from those every month. If oil is found is this a possibility for how I invested it?

    Thanks sorry I am sort of unsure in my investment. I just do want to bless oil but I do need a blessing myself.

    I feel good about this investment from what God has shown me. :)

    Gretchen Homme

    • Zion Oil & Gas, Inc.
      December 13, 2018 at 5:13 pm · Reply

      Since we do not have production, we are not offering dividends. So, for now, profit will only be had if you sell your stock for more than you purchased the stock.

  10. CarmenM
    November 27, 2018 at 6:13 pm · Reply

    Our prayers are with you all. Will you take a moment to explain the “plugging plan” what does that mean? Is this project be a water monitoring well? Just want to understand. I read it but don’t get. Thank you.

    • Zion Oil & Gas, Inc.
      December 13, 2018 at 5:17 pm · Reply

      View our latest PRs and updates to get all that we’ve been able to release publically.

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