Zion Oil & Gas raises rig derrick in Israel
Tuesday, May 16, 2017
With the raising of the derrick, Zion Oil & Gas, Inc. (NASDAQ: ZN) will commence acceptance testing in preparation for spudding its Megiddo-Jezreel #1 well, onshore Israel.

Victor G. Carrillo, Zion's CEO, states that "We anxiously await spudding this deep well. An independent third party engineering report affirmed Zion's internal interpretation of multiple geologic target horizons with the potential of very significant oil-in-place estimates if a discovery is made."

For more information, please visit: https://www.zionoil.com

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