Zion Oil & Gas Continues Drilling in Israel

DALLAS and CAESAREA, Israel, Aug. 9, 2017 /PRNewswire/ -- Zion Oil & Gas, Inc. (NASDAQ: ZN) continues active drilling operations at its Megiddo-Jezreel #1 well in Israel.  As of today, we have reached a depth of approximately 5,850 feet (~1,785 meters) toward a proposed total depth of up to ~15,000 feet.

Zion's President and COO, Dustin Guinn, says, "I am encouraged by the results so far. Since our last update, Zion finished drilling through the intermediate casing interval at 1,665 meters.  After running wireline logs and analyzing the data, we obtained over 20 sidewall cores from different zones within the well that spanned approximately 800 meters (~2,625 feet). The Geologic Survey of Israel is analyzing several of the cores for porosity, permeability, and other factors.  After retrieving the cores, we proceeded to successfully case and cement the 13-3/8" casing string. Because this is an exploration well, it continually presents surprises, but overall, we are excited about the progress and prayerfully continue drilling ahead."

To learn more about Zion Oil & Gas, visit our website at www.zionoil.com

Contact Info:
Zion Oil & Gas, Inc. (NASDAQ: ZN)
12655 North Central Expressway, Suite 1000, Dallas, TX 75243
Andrew Summey
Telephone: 888-891-9466
Email: andrew.summey@zionoil.com
www.zionoil.com

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SOURCE Zion Oil & Gas