Zion Oil & Gas receives Israel Ministry of Energy approval for MJ-01 recompletion project

ZION OIL & GAS INC

Approval of workplan by Israel Ministry of Energy for MJ-01 well recompletion.
Targets Q1 2024 start date post-holidays; service contractors secured.
Workplan approval follows acquisition of Exploration License 434 (approx. 75,000 acres) on Sept 19, 2023.
Site and rig unharmed amid ongoing war; operations remain secure.

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