Donald D. Ellis Discloses 53.16M Share Stake in Zion Oil & Gas

TL;DR

**Donald D. Ellis just revealed a massive 53.16 million share stake in Zion Oil & Gas, making him a major player.**

AI Summary

Donald D. Ellis, an individual investor, has reported beneficial ownership of 53,163,868 shares of Zion Oil & Gas Inc. common stock as of January 25, 2024. This significant stake represents a substantial portion of the company's shares, giving Ellis considerable voting and dispositive power. For current or prospective shareholders, this indicates a major individual investor has a strong conviction in Zion Oil & Gas, which could be seen as a positive signal, but also means a single individual holds significant sway over company decisions.

Why It Matters

This filing reveals a single individual, Donald D. Ellis, holds a very large position in Zion Oil & Gas, giving him substantial influence over the company's future direction and potentially impacting stock performance.

Risk Assessment

Risk Level: medium — While a large individual stake can signal confidence, it also concentrates power, meaning one person's decisions could significantly impact the company.

Analyst Insight

Investors should monitor any future filings by Donald D. Ellis for changes in his substantial position, as his actions could signal confidence or concern regarding Zion Oil & Gas's prospects.

Key Numbers

• 53,163,868 — Shares Beneficially Owned (Represents the total number of shares of Zion Oil & Gas Inc. common stock held by Donald D. Ellis.)
• January 25, 2024 — Date of Event (The specific date that triggered the requirement for this Schedule 13G filing.)
• $0.01 — Par Value per Share (The stated par value of Zion Oil & Gas Inc. common stock.)

Key Players & Entities

• Donald D. Ellis (person) — reporting person, beneficial owner of shares
• Zion Oil & Gas Inc. (company) — subject company, issuer of common stock
• 01 Energy & Transportation (company) — organization name associated with the subject company
• 53,163,868 Shares (dollar_amount) — sole voting and dispositive power held by Donald D. Ellis

Forward-Looking Statements

• Donald D. Ellis will maintain a significant, influential stake in Zion Oil & Gas Inc. for the foreseeable future. (Donald D. Ellis) — high confidence, target: 2025-01-25

FAQ

Key Financial Figures

• $0.01 — ame of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie

Filing Documents

• edd20240125_sc13g.htm (SC 13G) — 113KB
• 0001437749-24-002170.txt ( ) — 114KB

Security and Issuer

Item 1. Security and Issuer. (a) Name of Issuer: Zion Oil and Gas, Inc. (b) Address of Issuer: 12655 North Central Expressway, Suite 1000, Dallas, Texas, 75243

Identity and Background

Item 2. Identity and Background.

(a)

Item 2(a). Name of Person Filing: Donald D. Ellis

(b)

Item 2(b) Address of Principal Business Office or, if none, Residence: 2750 Fox Grove Court, Colorado Springs, Colorado, 80906

(c)

Item 2(c). Citizenship or Place of Organization: United States

(d)

Item 2(d). Title of Class of Securities: common stock, par value $0.01 per share

(e)

Item 2(e). CUSIP Number: 989696109 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) Group, in accordance with 240.13d-1(b)(1)(ii)(J).

Ownership

Item 4. Ownership. a) Amount beneficially owned: 53,163,868 shares b) Percent of class: 7.94% c) Number of shares as to which the Reporting Person has: (i) Sole power to vote or to direct the vote: 53,163,868 (ii) Shared power to vote or to direct the vote: (iii) Sole power to dispose or to direct the disposition of: 53,163,868 (iv) Shared power to dispose or to direct the disposition of: Item 5. Not Applicable Item 6. Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not Applicable Item 8. Identification and Classification of Members of the Group. Not Applicable Item 9. Notice of Dissolution of Group. Not Applicable Item 10. Certifications. For Rule 13d-1(b): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect. For Rule 13d-1(c) By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and accurate. Date: January 25, 2024 By: /s/ Donald D. Ellis

View Full Filing

View this SC 13G filing on SEC EDGAR