Zion Oil & Gas
Zion Oil & Gas, publicly traded under the symbol ZNOG, focuses on onshore oil and gas exploration in Israel and holds the Megiddo-Jezreel License covering approximately 75,000 acres.
Zion Oil & Gas Services
Zion Oil & Gas focuses on the exploration and extraction of oil and gas resources onshore in Israel. The company holds the Megiddo-Jezreel License, which spans approximately 75,000 acres, and the Megiddo Valleys License 434, awarded for ongoing exploration activities. Zion Oil & Gas also undertakes strategic recompletion projects approved by regulatory authorities to enhance their extraction capabilities.
Zion Oil & Gas History
Zion Oil & Gas operates with a vision inspired by biblical scriptures to locate oil and/or natural gas in Israel. As a publicly traded company on the OTC under the symbol ZNOG, Zion has established key exploration licenses like the Megiddo-Jezreel and Megiddo Valleys. The company's corporate office is located in Dallas, Texas, with an additional office in Caesarea, Israel.
Zion Oil & Gas Corporate Governance
The corporate governance structure of Zion Oil & Gas includes a 12-member board of directors, with eight non-management directors meeting the independence criteria of the NASDAQ Global Market and the SEC. The company adheres to a Code of Business Conduct and Ethics, and has an Audit Committee Whistleblower and Complaint Policy and Procedures. Furthermore, they maintain a Technical, Reserves and Environment, Health and Safety Committee to oversee operations.
Zion Oil & Gas Investment Opportunities
Zion Oil & Gas offers several investment opportunities, including a Direct Stock Purchase Plan (DSPP) that allows investors to buy stock directly from the company. They also have a Unit Program where each $250 unit encompasses common stock and warrants. Investors are encouraged to request a free information packet, which provides detailed insights into the company's vision, leadership, scientific approach, and investment prospects.
Zion Oil & Gas Charitable Foundations
Zion Oil & Gas has established two charitable foundations to support various causes. The Bnei Joseph Foundation operates in Israel, while the Abraham Foundation is based in Geneva, Switzerland. Both foundations align with the company's broader mission and values, contributing to society beyond their core business operations.