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Zion
Oil & Gas
is
an American oil exploration company, exploring for Oil & Gas in
Israel.
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Zion
Oil & Gas
holds petroleum exploration rights in Israel on areas that, in Biblical
times, were the territories of the Tribes of Manasseh and
Asher.
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Zion
Oil & Gas
is
listed on the American Stock Exchange (AMEX) with the symbol ZN.
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Zion
Oil & Gas
plans a multi-well exploration program. Our first well, the Ma’anit #1 was
drilled to a depth of 15,842 feet. Our second well, the Ma'anit-Rehoboth
#2, is planned to a depth of 18,040
feet.
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Zion
Oil & Gas
signed a Protocol with Aladdin Middle East Ltd (AME) on June 18,
2008.
Using AME's 2,000 horsepower rig, drilling is scheduled to commence
in
September 2008.
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Zion
Oil & Gas
has established two charitable foundations and intends to donate
6% of its
gross revenue to be used for charitable
purposes.
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Zion
Oil & Gas
Inc is delighted to be the sponsor of “A
Night to Honor Israel”
during the July 21-24 Israel Summit of Christians
United for Israel
(CUFI) in Washington DC.
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