Zion Oil & Gas Raises Rig Derrick in Israel


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Zion to commence acceptance testing in preparation for spudding its MJ #1 well.

DALLAS and CAESAREA, Israel, May 15, 2017 /PRNewswire/ -- With the raising of the derrick, Zion Oil & Gas, Inc. (NASDAQ:ZN) will commence acceptance testing in preparation for spudding its Megiddo-Jezreel #1 well, onshore Israel.

Victor G. Carrillo, Zion's CEO, states that "We anxiously await spudding this deep well. An independent third party engineering report affirmed Zion's internal interpretation of multiple geologic target horizons with the potential of very significant oil-in-place estimates if a discovery is made."

Zion Oil & Gas Derrick Raised on May 14, 2017

For more information on Zion Oil & Gas, including information about purchasing stock without brokerage fees, go to https://www.zionoil.com/.

Contact Info:
Zion Oil & Gas, Inc. (NASDAQ:ZN)
12655 North Central Expressway, Suite 1000
Dallas, TX 75243
Andrew Summey
Telephone: 888-891-9466
Email: andrew.summey@zionoil.com
www.zionoil.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/zion-oil--gas-raises-rig-derrick-in-israel-300457273.html

SOURCE Zion Oil & Gas, Inc.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: Press Releases