Zion Oil and Gas IncOOTC ZNOG Stock Report

Zion Oil & Gas, Inc. engages in exploration of oil and natural gas properties. The company is headquartered in Dallas, Texas and currently employs 24 full-time employees. The company went IPO on 2007-01-03. The firm holds one active petroleum exploration license onshore Israel, the New Megiddo License 428 (NML 428), consisting of approximately 99,000 acres. The NML 428 lies onshore, south and west of the Sea of Galilee. Its wholly owned subsidiaries include Zion Drilling, Inc., which is focused on owning a drilling rig, related equipment and spare parts, and Zion Drilling Services, Inc., which acts as the contractor provider for drilling services. The firm has not generated any revenues.