30 Aug 2016securities registration● Neutral
ZION OIL & GAS INC filed a prospectus supplement for an offering off its existing shelf.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
9 Aug 2016quarterly activities report▼ Bad
ZION OIL & GAS INC reported a quarterly net loss of $3.5 million for the period ended 2016-06-30.
25 July 2016director interest notice● Neutral
ZION OIL & GAS INC insider Dustin L Guinn received a stock option grant for 100,000 shares.
7 July 2016securities registration● Neutral
ZION OIL & GAS INC filed a free-writing prospectus - marketing material for an offering in progress.
7 July 2016director interest notice● Neutral
ZION OIL & GAS INC Chief Financial Officer Ilan N Sheena exercised stock options for 2,500 shares and disposed of 2,500 shares.
6 July 2016director interest notice● Neutral
ZION OIL & GAS INC Chief Executive Officer Victor G Carrillo exercised stock options for 50,000 shares and disposed of 50,000 shares.
6 July 2016director interest notice● Neutral
ZION OIL & GAS INC director William H Avery exercised stock options for 100,000 shares and disposed of 100,000 shares.
23 June 2016director interest notice● Neutral
ZION OIL & GAS INC Chief Operations Officer Glen Perry exercised stock options for 150,000 shares.
23 June 2016material agreement● NeutralMajor
Zion replaced the earlier 10% bond offering with a new 12% Convertible Senior Bond offering (minimum $2.5 million, maximum $12 million, maturing in 2028) placed on a best-efforts basis by Network 1 Financial Securities, with the closing date moved to September 1, 2016. It also announced a non-binding agreement-in-principle with an unnamed US oilfield services company to form a 50/50 drilling-rig subsidiary, with Zion contributing an equal value of its own shares; the filing says no assurance legally binding agreements will be reached. Compared with the earlier Viking rig plan, this points to a different rig partner (inference: the Viking arrangement is no longer the stated path, though the filing does not say so).
23 June 2016director interest notice● Neutral
ZION OIL & GAS INC Chief Financial Officer Ilan N Sheena exercised stock options for 200,000 shares.
23 June 2016director interest notice● Neutral
ZION OIL & GAS INC director Brauman Martin Van exercised stock options for 240,000 shares.
22 June 2016securities registration● Neutral
Zion amended its bond offering: Network 1's commission fell to 6% and its warrants to 5% with a 3-year life, and the closing was pushed to September 1, 2016. It also disclosed an agreement-in-principle to form a 50/50 drilling rig subsidiary with a US oil field service company.
8 June 2016agm notice● Neutral
Shareholders at the June 6, 2016 annual meeting elected four Class II directors to terms expiring in 2019 and ratified MaloneBailey as auditors for 2016.
7 June 2016director interest notice● Neutral
ZION OIL & GAS INC director Dustin L Guinn received a stock option grant for 50,000 shares.
7 June 2016director interest notice● Neutral
ZION OIL & GAS INC director Ralph Devore received a stock option grant for 50,000 shares.
7 June 2016director interest notice● Neutral
ZION OIL & GAS INC director Gene Scammahorn received a stock option grant for 50,000 shares.
7 June 2016director interest notice● Neutral
ZION OIL & GAS INC Chief Executive Officer Victor G Carrillo received a stock option grant for 75,000 shares.
7 June 2016director interest notice● Neutral
ZION OIL & GAS INC director Brauman Martin Van received a stock option grant for 110,000 shares.
7 June 2016director interest notice● Neutral
ZION OIL & GAS INC director Forrest Garb received a stock option grant for 50,000 shares.
7 June 2016director interest notice● Neutral
ZION OIL & GAS INC Chief Operations Officer Glen Perry received a stock option grant for 75,000 shares.
7 June 2016director interest notice● Neutral
ZION OIL & GAS INC director Brauman Martin Van received a stock option grant for 100,000 shares.
7 June 2016director interest notice● Neutral
ZION OIL & GAS INC director Yehezkel Druckman received a stock option grant for 50,000 shares.
7 June 2016director interest notice● Neutral
ZION OIL & GAS INC director John M Brown received a stock option grant for 75,000 shares.
7 June 2016director interest notice● Neutral
ZION OIL & GAS INC director Justin Wayne Furnace received a stock option grant for 50,000 shares.
7 June 2016director interest notice● Neutral
ZION OIL & GAS INC director William H Avery received a stock option grant for 100,000 shares.
7 June 2016director interest notice● Neutral
ZION OIL & GAS INC Chief Financial Officer Ilan N Sheena received a stock option grant for 90,000 shares.
7 June 2016director interest notice● Neutral
ZION OIL & GAS INC director Paul Oroian received a stock option grant for 50,000 shares.
7 June 2016director interest notice● Neutral
ZION OIL & GAS INC director Kent Siegel received a stock option grant for 50,000 shares.
31 May 2016securities registration● Neutral
Zion filed a prospectus supplement for a best-efforts offering of 12% convertible senior bonds due 2028, with a minimum of $2.5 million and a maximum of $12 million, sold through Network 1 Financial Securities.
16 May 2016quarterly activities report▼ Bad
ZION OIL & GAS INC reported a quarterly net loss of $1.6 million for the period ended 2016-03-31.