4.0
Zion Oil & Gas, Inc. operates within the energy sector, classified under the upstream exploration and production subsector, and was founded by John M. Brown, whose initial motivation involved developing onshore exploration projects in Israel based on the technical and geological assessments available at the time. No governmental participation in the company’s creation has been reported.
Core activities include prospecting, drilling, and evaluating onshore wells with the objective of identifying commercially viable oil and gas reserves. Operations are focused on licensed exploration areas in Israeli territory, including regions characterized by sedimentary formations with potential for hydrocarbon accumulation.
The company’s market reach is international, with corporate registration in the United States and operational activities conducted primarily in Israel. Corporate management is headquartered in Dallas, Texas, while fieldwork takes place in locations authorized by Israeli drilling licenses. The shareholder base includes investors from multiple countries, reflecting an international support structure.
Relevant market factors include global oil and gas price volatility, regulatory requirements in Israel, capital availability for drilling operations, and risks associated with onshore exploration in regions with limited historical commercial production. Indirect competition arises from exploration companies operating in the Middle East, alongside geopolitical conditions that influence operating costs and project timelines.
Corporate size remains modest compared with large-scale exploration companies, maintaining streamlined operational teams dedicated to engineering, geology, and well maintenance. Centralized administrative offices support finance, legal, and compliance functions. Operational units include drilling support bases, logistical facilities, and technical centers dedicated to well monitoring.
The operational structure functions through subsidiaries responsible for drilling activities and technical support, using both proprietary and contracted equipment in accordance with licensing schedules. The U.S. headquarters coordinates project planning, capital raising, and international operations management.
The company’s securities are traded on the U.S. over-the-counter market under the ticker ZNOG.
History and when it was founded Zion Oil & Gas
The company was founded in 2000 in the United States with the objective of establishing an entity dedicated to oil and gas exploration in Israel. Initial efforts centered on securing local licenses, developing geological studies, and structuring technical teams.
Early operational years were marked by challenges such as high drilling costs, Israeli regulatory requirements, and the need to validate geological models through exploratory wells. Initial field campaigns generated data that allowed for further analysis of sedimentary formations and potential zones of interest.
Expansion efforts included the extension of its primary onshore license and the acquisition of proprietary drilling equipment, granting greater operational autonomy. New seismic evaluation programs and additional exploratory wells were incorporated into the long-term technical strategy throughout the following decade.
Key milestones include corporate restructuring in the early 2000s, formalization of exploration licenses in Israel, and the development of wells as part of ongoing evaluation cycles. Capital-raising initiatives in the U.S. market also supported the company’s field activities.
Between 2020 and 2024, notable developments included regulatory updates related to license renewals, progress in onshore drilling programs, strategic adjustments driven by global energy cost dynamics, and internal restructuring to enhance operational efficiency. Regional geopolitical events and changes in Israel’s regulatory environment also influenced project timelines and operational priorities.
Additional Information
The Company Zion Oil & Gas Inc. (United States), is listed on Nasdaq with a market cap of $ 211.34 Millions, having an equity of $ 41.67 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 $ -7.04 Millions.
As for its main indicators, the Company has a P/E ratio of -30.02, a P/BV ratio of 5.07 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker ZNOG.
