Zion Oil & Gas, Inc. is an oil and gas exploration company. The Company holds a pending replacement license onshore Israel, the New Megiddo License 428 (NML 428), comprising approximately 99,000 acres. The NML 428 lies onshore, south and west of the Sea of Galilee. Its wholly owned subsidiaries include Zion Drilling, Inc., which is focused on owning a drilling rig, related equipment and spare parts, and Zion Drilling Services, Inc., which acts as the contractor providing drilling services. The Company has not generated any revenues.
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