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Israel: Zion Oil & Gas announces award of new Megiddo Valleys License 434 allowing for ongoing oil and gas exploration in Israel

Israel: Zion Oil & Gas announces award of new Megiddo Valleys License 434 allowing for ongoing oil and gas exploration in Israel
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Zion Oil Scores New Israel Exploration License

The onshore license encompasses about 75,000 acres.

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Zion Oil & Gas has announced award of new Megiddo Valleys license

Zion Oil & Gas has announced award of new Megiddo Valleys license
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Zion Oil Gas Awarded New Exploration License Onshore Israel

Zion Oil Gas Awarded New Exploration License Onshore Israel
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Zion Oil & Gas awarded new exploration license onshore Israel

This exploration license 434, similar to Zion’s previous exploration licenses, will be valid for three years until September 13, 2026, with the option of four 1-year extensions, for a total of seven full years until September 13, 2030.

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