secwatch.observer — SEC 8-K summary
======================================

Issuer:     ZION OIL & GAS INC (ZNOG)
CIK:        0001131312
Form:       8-K
Filed at:   2024-06-03T23:59:59+00:00
Accession:  0001213900-24-048781
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zion Oil & Gas starts MJ-01 well recompletion in Israel; extends unit program to August 31
--------------------------------------------------------------------------------

- Recompletion of MJ-01 well underway; rig crew assembling in Israel for repair, maintenance, then recertification over 2-3 weeks.
- Turkish embargo forced alternate vendors from Romania, Greece, US; minimal delay to overall timeline.
- Unit program extended to August 31, 2024; $250/unit includes ZNOG stock at high-low average and fifty 25-cent warrants extended to Sept 14, 2025.
- Operations approved by Israeli Ministry of Energy; expected to proceed through Q3 2024.
- No security concerns at site; project not significantly delayed despite ongoing conflict in Israel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1131312/000121390024048781/0001213900-24-048781-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1131312/000121390024048781/ea0207228-8k_zion.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-048781

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer