ZN new stock symbol ZNOG due to transition to OTCQX tier-see:
https://www.otcmarkets.com/stock/ZNOG/news
https://www.otcmarkets.com/stock/ZN/news
https://www.otcmarkets.com/filing/html?id=129...aH0z8hg5yh
https://www.zionoil.com/
https://www.zionoil.com/dspp/
https://nortonsafe.search.ask.com/web?q=zion+...2017-06-13
https://www.otcmarkets.com/stock/ZN/disclosure
note ZN is on the Nasdaq but Nasdaq stocks are shown on otcmarkets.com I'm told because such otc stocks are under the auspices of Nasdaq even though such otc stocks are not on the Nasdaq.
on edgar I'm asked to sign in multiple times and then often get no search results even if have name of the company, ticker symbol and cusip no
https://www.otcmarkets.com/filing/html?id=128...p38d5hUP8h
Operational Update regarding the testing of the Megiddo Jezreel #1 Well-July 31,2018
Zion Shareholders and Supporters,
Zion continues its well testing operations on its primary targets within the Triassic formations of the Megiddo-Jezreel #1. I realize that the testing of these zones has taken longer than expected and as communicated at the 2018 Annual Shareholders Meeting, as a result of both mechanical and logistical delays. Zion expects, pending any further unforeseen delays, to complete testing on these zones on or about the week of August 13th. If testing is completed by this date, we expect be able to announce the initial findings of the primary targets soon thereafter. If any material delays or changes to this plan occur, we will communicate accordingly.
We want to thank all of you for your patience, continued prayer and support. We know how invested each of you are in this project, and thank you for standing alongside of us throughout this journey.
Regards,
Dustin Guinn
President & COO
Zion Oil & Gas, Inc.
Copyright © 2018 Zion Oil & Gas, Inc., All rights reserved.
PRESS RELEASE
Zion Oil & Gas Operational Update on Megiddo-Jezreel #1 Well in Israel
Zion to commence testing expanded zone of interest
DALLAS and CAESAREA, Israel, June 19, 2018 - Zion Oil & Gas, Inc. (NASDAQ: ZN) announces that it expects to commence perforation, stimulation and flow back operations on multiple stages of its Megiddo-Jezreel #1 (MJ #1) well as early as June 21, 2018.
Zion’s President and Chief Operations Officer, Dustin Guinn, explains Zion’s current testing operations, “As I have mentioned in previous announcements, the next two zones, the second and third primary testing objectives, are key zones of interest.
“We had originally planned to test the zones independent of one another, but both the proximity of the zones and downhole condition considerations have led us to change our strategy and combine these zones to test them simultaneously.
“While it has added a few days to properly plan for the logistics of this change with our service providers, we believe that these changes will provide the best opportunity for success in two of the zones that from a log analysis perspective identify some of the most encouraging criteria for production.
“Barring any unforeseen mechanical issues, we expect to complete the perforation and stimulation next week, after which we will monitor the well before proceeding to additional zones of interest.
“We recognize the keen interest in the MJ #1 well from not only our shareholders and the various Israeli regulatory agencies, but from many people who simply have strong feelings about Israel.
“As such, we treat this project with the utmost diligence, balancing a sense of urgency for results while continuing to insist on a zero tolerance policy regarding health, safety, security and environmental incidents.
“Management’s job is to provide long-term shareholder growth. Ultimately, that’s by finding and producing commercial amounts of oil and/or natural gas. Releasing partial or incomplete testing result information only drives short term speculation which is harmful to our long-term shareholders.
“Therefore, we will not be releasing any information, other than operational updates, until we have concluded the initial testing and analyzed the results of the primary targets at a minimum.
“This should take weeks, not months, unless unexpected mechanical issues arise.
“We want to continue to thank all of our loyal shareholders who have made this project a reality and ask that you continue to pray for success and safety in helping Israel become energy independent, giving Zion a huge platform to share the gospel of Jesus Christ.”
“I have heard your prayer and your petition that you made before Me…” 1 Kings 9:3
"…The LORD has broken through my enemies before me, like a breakthrough of water" Psalm 95:1-7
FORWARD-LOOKING STATEMENTS: Statements in this communication that are not historical fact, including statements regarding Zion's planned operations, anticipated attributes of geological strata being drilled or tested, the presence or recoverability of hydrocarbons, operational risks in testing and well completion, timing and potential results thereof and plans contingent thereon are forward-looking statements as defined in the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on assumptions that are subject to significant known and unknown risks, uncertainties and other unpredictable factors, many of which are described in Zion's periodic reports filed with the SEC and are beyond Zion's control. These risks could cause Zion's actual performance to differ materially from the results predicted by these forward-looking statements. Zion can give no assurance that the expectations reflected in these statements will prove to be correct and assumes no responsibility to update these statements.
Copyright © 2018 Zion Oil & Gas, Inc., All rights reserved.
Our mailing address is:
Zion Oil & Gas, Inc.
12655 North Central Expressway
Suite 1000
Dallas, TX 75243
All updates and insights from Zion Oil and Gas.
Zion Oil and Gas, Inc. / Updates / Blogs / Press Release: Zion Oil & Gas Encounters Oil
Press Release: Zion Oil & Gas Encounters Oil
February 13, 2018Zion Oil & Gas, Inc. 28 Comments Blogs, Exploration Updates, News, Press Releases, Updates
Zion Oil & Gas Encounters Oil
Company Drills Deeper in Response
DALLAS and CAESAREA, Israel, February 13, 2018 – Zion Oil & Gas, Inc. (NASDAQ: ZN) announces that during the current open hole wireline logging and subsequent reaming (cleaning the well bore) operations, Zion encountered free-flowing hydrocarbons while circulating drilling mud.
Zion's President and Chief Operations Officer, Dustin Guinn, provided further understanding of recent events stating, "We were cautiously optimistic given the amount of gas that accumulated in the well after returning from Shabbat after calling total depth (TD) at 5,026 meters (~16,500 feet). After making our first of three open hole logging runs, we decided to ream to bottom to clean the hole out in anticipation of our second logging run. After circulating the well, we experienced a continued and significant increase in gas followed by clear evidence of oil in our circulated mud from the bottom of the well. This is obviously very exciting news and as a result, we have decided to continue to drill up to another 70 meters (~230 feet). We expect that to take a couple of days, and barring any operational difficulties, we will continue with our open hole logs immediately thereafter."
Zion's CEO, Victor G. Carrillo, added, "I am ecstatic to see clear evidence of hydrocarbons (oil and gas) in the deeper portion of our Megiddo-Jezreel #1 well – a project that we have been working on for years. However, at this time we cannot comment on the commerciality or ability to successfully produce the well. We ask that our shareholders continue to pray for safe and successful drilling, logging, and testing operations, and for God's wisdom for management as we make key decisions in the following days and weeks. Please be patient. We will provide further updates after we have adequate time to properly evaluate the logs and finalize our well testing program following the recent events."
"For You are great, and do wondrous things; You alone are God."
Psalm 86:10
"In His hand are the deep places of the earth …"
Psalm 95:1-7
FORWARD-LOOKING STATEMENTS: Statements in this communication that are not historical fact, including statements regarding Zion’s planned operations, anticipated attributes of geological strata being drilled, the presence or recoverability of hydrocarbons, operational risks in testing and well completion, timing and potential results thereof and plans contingent thereon are forward-looking statements as defined in the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on assumptions that are subject to significant known and unknown risks, uncertainties and other unpredictable factors, many of which are described in Zion’s periodic reports filed with the SEC and are beyond Zion’s control. These risks could cause Zion’s actual performance to differ materially from the results predicted by these forward-looking statements. Zion can give no assurance that the expectations reflected in these statements will prove to be correct and assumes no responsibility to update these statements.
May 17 PR says 7-10 days /zone for basic testing and longer if more testing
Zion Oil & Gas Resumes Operations on Megiddo-Jezreel #1 Well in Israel
Israel's Energy Ministry grants approval of Zion's Well Testing Plan
DALLAS and CAESAREA, Israel, April 30, 2018 /PRNewswire/ -- Zion Oil & Gas, Inc. (NASDAQ: ZN) announces that it has resumed operations on its Megiddo-Jezreel #1 (MJ #1) well. After receiving formal approval from the Israeli Energy Ministry, Zion will now begin to flow test the MJ #1 well after reaching total depth of 5,060 meters (~16,600 feet) in February.
https://mma.prnewswire.com/media/684277/ZionO...Valley.jpg
Zion's President and Chief Operations Officer, Dustin Guinn, stated, "As can be expected with an exploration well with very little offset data, we wanted to take adequate time to properly evaluate our logs both internally and externally. We are very pleased with our internal geoscience staff and our independent petrophysical consultants, each of whom did a great job in their analysis. We are confident that their analytical work positions us well to deliver successful results. The equipment, which was sourced from the Netherlands, Italy, and the United States amongst other countries, has arrived and we are very eager to start our testing program."
Zion's CEO, Victor G. Carrillo, added, "Based on our internal interpretation that is supported by third-party petrophysical analysis, we have chosen up to three primary and two secondary deep target zones to test for flow/production capacity. Dr. Lee Russell, Dustin Guinn, and I will travel to Israel to observe and oversee the initial phase of well testing. We expect to start testing the first zone in the first week of May and testing will likely take several weeks to complete (depending on individual zone outcomes). We cannot comment on the well's capacity for commercial production until after we conduct and analyze our well testing protocol. We will endeavor to provide further updates as material information becomes available."
Zion's 2018 Annual Shareholders Meeting will be held on June 5 at 2:00 pm at the Westin Park Central in Dallas, Texas. All shareholders planning to attend are asked to register on Zion's website (www.zionoil.com/2018-annual-meeting-of-shareholders/). Shareholders are also encouraged to obtain Proxy information and voting instructions online from AST Financial (www.astproxyportal.com/ast/Zionoil/).
"And by the Almighty who will bless you with blessings of heaven above, Blessings of the deep that lies beneath …" Genesis 49:25
"In His hand are the deep places of the earth …" Psalm 95:1-7
from the March 31 ,2018 10Q
Exploration Rights/Exploration Activities
The Company currently holds one active petroleum exploration license onshore Israel, the Megiddo-Jezreel License, comprising approximately 99,000 acres. The Megiddo Jezreel #1 (“MJ #1”) site was completed in early March 2017, after which the drilling rig and associated equipment were mobilized to the site. Performance and endurance tests were completed, and the MJ #1 exploratory well was spud on June 5, 2017, ahead of the June 30, 2017 deadline under the then-existing license terms. The MJ #1 well has been drilled to a total depth (“TD”) of 5,060 meters (approximately 16,600 feet). Thereafter, the Company obtained three open-hole wireline log suites (including a formation image log) and the well was successfully cased and cemented in preparation for upcoming testing of multiple zones of interest, including zone(s) where free-flowing hydrocarbons were collected after circulating mud in the borehole. After our review of the open-hole logs, we have finalized the testing program. The Ministry of Energy approved the well testing protocol on April 29, 2018. We have begun our testing program, and it may take several weeks to complete.
Depending on the final outcome and results of the active MJ #1 well and having adequate cash resources, multiple wells could be drilled from this pad site as several subsurface geologic targets are reachable using directional well trajectories.'' end of substantive part of PR
on the federal level FOIA requests are free for the 1st 2 hrs of agency research and they tell u if costs will exceed 25 dollars(i've seen state requests upfront charges of 500)
i didnt even realize this could be a reason for pps fall bc this is a scare tactic often used against companies
"What I would like to know is if Mr. Probes Reporter (and his clients, who for that cool $20k can get "private meetings & conference calls" with Mr. Probes himself) shorts a stock once he (and his clients) receives the affirmative response from the SEC of an investigation, prior to accusing a company of being under investigation on social media. Would this activity be illegal?"
very interesting question-quite a racket bc such a racket seems to violate the INTENT of insider trading without being insider trading- what is the definition of insider trading-usually involves info privy to the company or those who received such material nonpublic info from the company-and the company often does not know until they receive official charges etc from the sec
once the FOIA reply is released its public info-so not private info- though to most people it is private
it is material nonpublic info(NOT USUALLY KNOWN TO THE COMPANY) until released
there are shorting groups who presumably short based on their advanced knowledge of SEC investigations(by regularly researching sec docs etc)and then they break the news of an SEC investigation on these boards-such news would be particularly chilling during the era when political appointees-including those at sec- were instructed to destroy penny companies bc "all business is evil and has to be stopped":
i've asked such a group if they had advanced knowledge of what they announced on the board and they of course said no-i didn't believe them bc their pattern of posting indicated to me something was coming.
I doubt that ZN has knowingly committed infractions
2 of the 5 SEC commissioners,though they may not directly rule on these things, are now pro-business,so the 2009-2017 terror reign we came out of is now over
most investigations probably dont end up in charges
when they do, a settlement is usually reached before trial
outside of the bizarre stock environment from 2009-2016 the general rule is innocent until proven guilty
shorters etc often shout sec or insider knowledge as scare tactics
ZN insiders cannot trade on insider info and they now even more likely wont now that this is on the board
