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Last $1.76 USD
Change Today +0.1141 / 6.93%
Volume 87.2K
ZN On Other Exchanges
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

zion oil & gas inc (ZN) Snapshot

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52 Week High
06/15/15 - $2.26
52 Week Low
12/8/14 - $1.34
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Current Stock Chart for ZION OIL & GAS INC (ZN)

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zion oil & gas inc (ZN) Details

Zion Oil & Gas, Inc. engages in the exploration of oil and gas properties in Israel. It primarily holds the Megiddo-Jezreel petroleum exploration license that covers an area of approximately 90,000 acres located on onshore Israel. The company was founded in 2000 and is based in Dallas, Texas.

18 Employees
Last Reported Date: 03/18/15
Founded in 2000

zion oil & gas inc (ZN) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $250.0K
Founder and Executive Chairman
Total Annual Compensation: $273.0K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $191.3K
Compensation as of Fiscal Year 2014.

zion oil & gas inc (ZN) Key Developments

Zion Oil & Gas, Inc. Announces Drilling Contract with Viking Services BV

Zion Oil & Gas, Inc. declared that it has entered into drilling contract negotiations with Viking Services BV and Viking's Israeli subsidiary, for utilizing land-based oil and gas rig with deep drilling capacity and certain other oilfield services for exploration activities within Zion's Megiddo-Jezreel License area in Israel. After completion of definitive agreements, Viking is expected to commit to use Rig I-35 to drill Zion's Megiddo-Jezreel #1 well after full regulatory approval is granted by the State of Israel and regional and local governing bodies. The parties expect a spud date for the first well in the 4th quarter of 2015 or the first quarter of 2016.

Zion Oil & Gas, Inc., Board Meeting, Jun 11, 2015

Zion Oil & Gas, Inc., Board Meeting, Jun 11, 2015. Agenda: To consider appointment of Victor G. Carrillo as the new Chief Executive Officer and also appoint Glen Perry as the new President and Chief Operating Officer, to be effective on June 15, 2015.

Zion Oil & Gas, Inc. Announces Managements Changes

On June 11, 2015, Zion Oil & Gas, Inc.'s Board of Directors meeting following the company's annual shareholder meeting, the Board of Directors appointed Victor G. Carrillo as the Company's Chief Executive Officer, to be effective on June 15, 2015. Mr. Carrillo, was appointed to Zion's Board in September 2010 and appointed Executive Vice President in January 2011. In October of 2011 he was appointed as the Company President and Chief Operating Officer. Mr. Carrillo also currently serves as a director of Magnum Hunter Resources Corporation. He also currently serves on the Board of Directors for the Texas-Israel Chamber of Commerce and the Maguire Energy Institute at Southern Methodist University. Mr. Carrillo succeeds John M. Brown, Zion's founder, who has stepped down from the Chief Executive Officer position to which he was appointed in January 2014. Mr. Brown has served as a director and Chairman of the Board of Directors of Zion since its organization in April 2000. Mr. Brown, the Company's Founder, will continue to serve as Executive Chairman of Zion's Board of Directors and will continue to advise the CEO and be involved in key company initiatives and the overall corporate mission. On June 11, 2015, and in connection with the changes, the Board of Directors also appointed Glen Perry as the Company's President and Chief Operating Officer, effective June 15, 2015. Mr. Perry, was re-appointed to the Board in July 2013. He previously served on Zion's Board from January 2004 to December 2009 when he retired as Zion's President and Chief Operating Officer.


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