Zion Oil & Gas, Inc. is a U.S.-based energy company operating in the upstream oil and gas exploration segment. The company focuses on onshore exploration activities in Israel, aiming to identify commercially viable hydrocarbon reserves.
Its core operations include:
• Onshore oil and natural gas exploration.
• Geological and seismic analysis of potential hydrocarbon formations.
• Drilling and evaluation of exploratory wells.
• Development of licensed exploration areas.
Corporate management is headquartered in Dallas, Texas, while exploration activities are conducted in Israel under licenses granted by Israeli authorities. The company operates with a relatively small technical and administrative structure focused on engineering, geology, and drilling operations.
Performance is influenced by global oil and gas prices, capital availability for exploration activities, regulatory conditions in Israel, and the inherent geological risks associated with exploratory drilling.
Zion Oil & Gas, Inc. securities trade on the U.S. over-the-counter (OTC) market under the ticker ZNOG.
History and Development
Founded in 2000 by John M. Brown, the company was created to pursue oil and gas exploration projects in Israel based on geological studies suggesting the presence of hydrocarbon resources in the region.
During its early years, the company focused on obtaining exploration licenses, conducting geological studies, and assembling technical teams to support exploratory drilling programs.
Over time, the company expanded its activities through additional seismic surveys, drilling campaigns, and the development of exploration wells within its licensed areas.
Today, Zion Oil & Gas continues to pursue onshore exploration projects in Israel while seeking to evaluate potential hydrocarbon reserves within its licensed acreage.
Additional Information
The Company Zion Oil & Gas Inc. (United States), is listed on Nasdaq with a market value of $ 415.71 Millions, having an equity of $ 42.43 Millions.
The Company is listedthe in the sector of Energy and categorized in industry of Oil, Gas and Consumable Fuels.
In the last 12 months the Company had a revenue of $ -, which generated a loss in the amount of $ -7.63 Millions.
As for its main indicators, the Company has a P/E ratio of -54.48, a P/BV ratio of 9.80 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker ZNOG.