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INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Zion Oil & Gas, Inc.

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The law firm of Kirby
McInerney LLP
is investigating potential claims against Zion Oil &
Gas, Inc. ("Zion" or the "Company") (NASDAQ:ZN). The investigation
concerns whether Zion has violated the federal securities laws and/or
engaged in other unlawful business practices.

On July 11, 2018, Zion disclosed that the Company had received a
subpoena to produce documents from the Fort Worth office of the
Securities and Exchange Commission ("SEC"), informing Zion of the
existence of a non-public, fact-finding inquiry into the Company.
Following this disclosure, shares of Zion fell from $4.00 to $3.56 per
share, or 11% percent.

If you purchased or otherwise acquired Zion securities, have
information, or would like to learn more about these claims, please
contact Thomas
W. Elrod
of Kirby McInerney LLP at 212-371-6600, by email at telrod@kmllp.com,
or by filling
out this contact form
, to discuss your rights or interests with
respect to these matters without any cost to you.

Kirby
McInerney LLP
is a New York-based plaintiffs' law firm concentrating
in securities, antitrust, whistleblower, and consumer litigation. The
firm's efforts on behalf of shareholders in securities litigation have
resulted in recoveries totaling billions of dollars. Additional
information about the firm can be found at Kirby McInerney LLP's
website: http://www.kmllp.com.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

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