All shareholders of Zion Oil & Gas who owned shares of stock on April 13, 2020, are able to vote their shares by proxy as soon as they receive their control number.
All Lawsuits Against Zion Oil & Gas Have Now Been Dismissed. There is now no litigation pending against Zion Oil. On March 3, 2020, Brantley Starr, United States District Judge for the Northern District of Texas…
March 19, 2020 – Zion Oil & Gas, Inc. (Nasdaq: ZN) announces the Nasdaq Hearing Panel granted the request of Zion Oil & Gas, Inc. for continued listing on The Nasdaq Stock Market LLC.
Zion Oil & Gas, Inc. (Nasdaq: ZN) announces they (i) entered into a Purchase and Sale Agreement on March 12, 2020, for a drilling rig, drill pipe, and related equipment for $5.6 million in cash, and (ii) closed that purchase on March 12, 2020, the same day, by Bill of Sale from the seller to Zion.
“We have signed a letter of intent to purchase a drilling rig for Zion’s ongoing 2020 exploration plans,” Zion’s COO, Robert Dunn said. “This rig will have increased capabilities for onshore drilling in Israel, and we see it as a vital part of our operations going forward.”