DALLAS and CAESAREA, Israel, Sept.
25, 2019 /PRNewswire/ -- Zion Oil & Gas, Inc.
(Nasdaq: ZN) announces the commencement of data acquisition
for its Megiddo-Jezreel 3-D seismic program.
"Within the first week over 30 square kilometers of equipment
has been deployed for the start of the largest onshore 3-D survey
in Israel's history," Zion's COO,
Robert Dunn said. "This is
compliments of God's blessings, Zion's hard work, and the faith of
our dedicated shareholders."
"We are thankful to have already begun data acquisition and
expect to complete the acquisition phase over the next several
weeks," stated Zion's President, Bill
Avery. "After the acquisition phase, we are scheduled to
complete our data processing by December 31,
2019, barring any unforeseen circumstances."
Zion's seismic acquisition will cover 72-square kilometers
within its Megiddo-Jezreel license.
"We are thankful for the continued provision that enables Zion
to explore for Israel's oil and
gas onshore," expressed Zion's CEO, John
Brown. "Please continue to pray for our team in Israel and for God's continued provision as we
move forward."
Zion Oil & Gas, a public company traded on NASDAQ (ZN),
explores for oil and gas onshore in Israel on their 99,000-acre Megiddo-Jezreel
license area.
"The Lord Himself goes before you and will be
with you; He will never leave you nor forsake you. Do not be
afraid; do not be discouraged."
Deuteronomy 31:8
"Sing to the Lord, for he has done glorious
things; let this be known to all the world. Shout aloud and
sing for joy, people of Zion, for great is the Holy One of
Israel among you."
Isaiah 12:5-6
FORWARD-LOOKING STATEMENTS: Statements in this communication
that are not historical fact, including statements regarding Zion's
planned operations, anticipated attributes of geological strata
that may be drilled or tested in the future, Zion's ability to
successfully raise the funds needed to undertake these exploration
efforts; Zion's ability to continue as a going concern; Zion's
ability to comply with the continued listing requirements of the
Nasdaq Capital Market; the timing and completion of the 3-D seismic
survey and processing and the interpretation of the results,
operational risks in ongoing exploration efforts, Zion's ability to
raise the capital needed to complete the 3D survey and the
processing and interpretation of the results thereof, timing and
potential results thereof and plans contingent thereon are
forward-looking statements as defined in the "Safe Harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based on assumptions that are
subject to significant known and unknown risks, uncertainties and
other unpredictable factors, many of which are described in Zion's
periodic reports filed with the SEC and are beyond Zion's control.
These risks could cause Zion's actual performance to differ
materially from the results predicted by these forward-looking
statements. Zion can give no assurance that the expectations
reflected in these statements will prove to be correct and assumes
no responsibility to update these statements.
Contact Info:
Andrew Summey
VP, Marketing and Investor Relations
Zion Oil & Gas, Inc. (NASDAQ: ZN)
12655 North Central Expressway, Suite 1000, Dallas, TX 75243
Telephone: 888-891-9466
Email: info@zionoil.com
www.zionoil.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/zion-oil--gas-begins-3-d-seismic-acquisition-in-israel-300925553.html
SOURCE Zion Oil & Gas, Inc.