these filings indicate forward planned movement as zn has noted-proceeding "undeterred" no matter what the 3d survey results will be- not a corp which intends to give up.


Zion commenced the data acquisition portion on the 3-D survey area consisting of 72 square kilometers focused on the eastern portion of the Megiddo-Jezreel license. Acoustic Geophysical Services (“AGS”), our geophysical contractor, completed mobilization in late August in which the seismic equipment was moved on location and testing completed. In mid-September 2019 all parameter selections were approved. Following parameter selection, AGS began its seismic production activities on September 25, 2019. Approximately 50% of the survey was completed by September 30, 2019. The remaining 50% of the survey was completed in mid-October.



Zion has engaged Agile Seismic Processing Services (“ASPS”), with offices located in Houston, Texas and Belgrade, Serbia, to handle the seismic data processing and interpretation services. The geophysical dataset, which was delivered to ASPS in late October 2019, will be processed using enhanced technologies.



Zion received a multi-year license extension through December 2, 2020.