Zion Oil & Gas, Inc.

Zion Oil & Gas, Inc. is an oil and gas exploration company focused on Israel. The company holds a petroleum exploration license onshore Israel, known as the New Megiddo License 434, which covers an area of approximately 75,000 acres or 302 square kilometers. Its primary business activity is exploring for oil and gas reserves within this licensed area. The company was incorporated in 2000 and is headquartered in Dallas, Texas, but its operations are centered on the exploration potential in Israel.

Zion Oil & Gas, Inc. is traded on the OTC Markets OTCQX exchange under the ticker symbol ZNOG. The trading currency for its shares is the US Dollar (USD). The OTCQX is a premium tier of the OTC Markets Group, which provides a public market for companies that are not listed on major US exchanges like the NYSE or Nasdaq. Investors can buy and sell ZNOG shares through brokerage accounts that support OTC trading.

Zion Oil & Gas, Inc. operates in the Energy sector, specifically within the Oil & Gas E&P (Exploration and Production) industry. This means the company is involved in the exploration and potential development of oil and natural gas resources. As an E&P company, its main focus is on finding and extracting hydrocarbons from subsurface reservoirs. The company's activities are primarily centered on its exploration license in Israel, distinguishing it from many other E&P firms that operate in more established oil-producing regions.

Zion Oil & Gas, Inc. is headquartered in Dallas, Texas, United States. Despite its US base, the company's primary geographic focus is Israel, where it holds the New Megiddo License 434 for petroleum exploration onshore. The license covers about 75,000 acres in the Megiddo region of Israel. The company was incorporated in 2000 and has since concentrated its efforts on exploring for oil and gas in this area. Its operations are therefore split between its corporate office in the US and its exploration activities in Israel.

Zion Oil & Gas, Inc. is an exploration-stage company, meaning it has not yet generated revenue from oil or gas production. Its business model involves acquiring and maintaining petroleum exploration licenses, conducting geological and geophysical studies, and drilling exploratory wells to discover commercially viable hydrocarbon deposits. The company's primary asset is the New Megiddo License 434 in Israel. If successful in discovering oil or gas, Zion would then develop the field and sell the produced hydrocarbons to generate revenue. As of now, the company has not announced any commercial production, so its activities are focused on exploration and evaluation.