Zion Oil & Gas, Inc. (ZNOG) – Headquartered in Dallas, TX, this company operates as an oil and gas exploration company in Israel. They hold a petroleum exploration license onshore in Israel, comprising an area of approximately 99,000 acres.

This penny stock has been over $5 in the past and now may be a good time to invest low. They recently filed for a new exploration license in the Megiddo-Jezreel Valley and have also submitted a petition seeking administrative approval for a 3-year extension on their #428 exploration license under Israel’s petroleum law.

Visit http://www.zionoil.com to learn more.