Zion Oil & Gas Files 8-K

TL;DR

ZION files 8-K on 6/3, check it for corporate updates.

AI Summary

Zion Oil & Gas, Inc. filed an 8-K on June 3, 2024, reporting other events and financial statements. The filing details the company's principal executive offices located at 12655 North Central Expressway, Suite 1000, Dallas, TX 75243, and its primary business in Oil and Gas Field Exploration Services.

Why It Matters

This filing provides an update on Zion Oil & Gas's corporate activities and financial reporting, which is important for investors to stay informed about the company's status.

Risk Assessment

Risk Level: low — This filing is a routine corporate disclosure and does not appear to contain significant new risks.

Key Players & Entities

• ZION OIL & GAS INC (company) — Registrant
• June 3, 2024 (date) — Date of Report
• 12655 North Central Expressway, Suite 1000, Dallas, TX 75243 (location) — Principal Executive Offices
• OIL AND GAS FIELD EXPLORATION SERVICES (industry) — Standard Industrial Classification

FAQ

Filing Documents

• ea0207228-8k_zion.htm (8-K) — 26KB
• ea020722801ex99-1_zion.htm (EX-99.1) — 13KB
• ex99-1_001.jpg (GRAPHIC) — 20KB
• ex99-1_002.jpg (GRAPHIC) — 13KB
• ex99-1_003.jpg (GRAPHIC) — 29KB
• 0001213900-24-048781.txt ( ) — 294KB
• znog-20240603.xsd (EX-101.SCH) — 3KB
• znog-20240603_lab.xml (EX-101.LAB) — 33KB
• znog-20240603_pre.xml (EX-101.PRE) — 22KB
• ea0207228-8k_zion_htm.xml (XML) — 3KB

01 Other

Item 8.01 Other Events. Zion Oil and Gas, Inc., a Delaware corporation, which has an active petroleum exploration operation onshore Israel on the Megiddo-Jezreel area, announces the start of recompletion operations for the Megiddo-Jezreel #1 well (MJ-01). Crews are mobilizing, and boots are officially on the ground, marking an exciting step forward in our journey towards Israel's onshore energy potential. Amidst the ongoing conflict in Israel, Zion is thankful that the location is safe and ready for operations. There have not been any security concerns at our location and the project has not been significantly delayed despite unprecedented challenges. The operations have faced some logistical challenges due to the war; the biggest being the unexpected embargo that Turkey placed on trade with Israel. In early May, after Zion had commercially contracted services, equipment, and material from Turkey, the Turkish government announced that no equipment or material would be allowed to leave Turkey destined for Israeli ports. Consequently, the operations team was required to find alternate vendors and contractors on short notice to move forward. Zion was able to secure contractual services from vendors located in Romania, Greece, and the United States with minimal impact and delay to the overall program timeline. The rig crew has assembled in Israel and will begin repair and maintenance on the drilling rig over the next couple of weeks. Then, the crew will rig down and have the rig's critical components inspected and recertified prior to moving over MJ-01 and rigging back up. This is estimated to take an additional two to three weeks. While this is ongoing, the crew will mobilize the equipment necessary to re-open the MJ-01 well. After opening the well, Zion will implement cutting-edge technologies and innovative stimulation techniques on the MJ-01 well to potentially unlock hydrocarbon flows in both previously and newly identified zones of interest. The recompletion

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized. Zion Oil and Gas, Inc. Date: June 3, 2024 By: /s/ Robert Dunn Robert Dunn Chief Executive Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR