7 Dec 2011director interest notice● Neutral
ZION OIL & GAS INC Executive Chairman/Founder John M Brown received a stock option grant for 300,000 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 Dec 2011director interest notice● Neutral
ZION OIL & GAS INC director Paul Oroian received a stock option grant for 50,000 shares.
7 Dec 2011director interest notice● Neutral
ZION OIL & GAS INC Chief Financial Officer Ilan N Sheena received a stock option grant for 100,000 shares.
14 Nov 2011agm notice● Neutral
Zion amended its June 2011 8-K after a majority of votes at the June 21, 2011 annual meeting favored annual say-on-pay votes. The board decided to hold the advisory executive-pay vote every year until the next required frequency vote.
7 Nov 2011quarterly activities report▼ Bad
ZION OIL & GAS INC reported a quarterly net loss of $44.6 million for the period ended 2011-09-30.
27 Oct 2011material agreement● NeutralMajor
Israel's Petroleum Commissioner approved a one-year extension of the Joseph license (about 83,272 acres) to October 10, 2012. Zion must report on its last three exploratory wells in the Ma'anit structure, acquire about 15 km of 2D seismic, identify a new prospect by September 1, 2012 and sign a drilling contract by October 1, 2012.
20 Oct 2011auditor change● Neutral
Zion's audit committee engaged Malone Bailey LLP as its new independent auditor on October 17, 2011, replacing Somekh Chaikin, whose planned resignation was reported in August. The filing states there were no disagreements or reportable events and no prior consultations with Malone Bailey.
17 Oct 2011material agreement● Neutral
Zion renewed its Dallas office lease with Hermosa, L.P. through October 31, 2015 and added two adjacent suites, for 6,458 rentable square feet in total. Rent starts at $6,996.17 per month from November 2011 and rises to $8,072.50 by the final year, with some of the rent for Suite 304 abated while there is no default.
4 Oct 2011director interest notice● Neutral
ZION OIL & GAS INC President/COO William L Ottaviani received a stock option grant for 2,500 shares.
4 Oct 2011director interest notice● Neutral
ZION OIL & GAS INC Chief Executive Officer Richard Rinberg exercised stock options for 10,000 shares and disposed of 10,000 shares.
4 Oct 2011director interest notice● Neutral
ZION OIL & GAS INC Chief Financial Officer Ilan N Sheena exercised stock options for 1,875 shares and disposed of 1,875 shares.
12 Sept 2011director interest notice● Neutral
ZION OIL & GAS INC Executive Vice President Victor G Carrillo exercised stock options for 10,000 shares and disposed of 10,000 shares.
9 Aug 2011quarterly activities report▼ Bad
ZION OIL & GAS INC reported quarterly revenue of $0 and a net loss of $1.9 million for the period ended 2011-06-30.
4 Aug 2011auditor change▼ BadMajor
Zion's auditor Somekh Chaikin (KPMG member) told the company it must resign after the 10-Q for the quarter ending September 30, 2011, because of a cease and desist order with the Texas State Board of Public Accountancy over auditing Texas-based companies without registration. The filing states there were no disagreements, and that the prior audit reports on 2010 and 2009 included a going-concern paragraph; Zion is looking for a Texas-registered replacement.
15 July 2011securities registration● Neutral
ZION OIL & GAS INC filed a free-writing prospectus - marketing material for an offering in progress.
12 July 2011material agreement● NeutralMajor
Israel's Petroleum Commissioner approved a one-year extension of the Asher-Menashe license to June 9, 2012. Zion must analyze deepening or sidetracking the Elijah #3 well, acquire about 10 km of 2D seismic, identify a new prospect by April 1, 2012 and begin drilling by June 1, 2012; if it does no more work on Elijah #3 it must seal the well by June 1, 2012 and post a $35,000 bank guarantee.
5 July 2011director interest notice● Neutral
ZION OIL & GAS INC President/COO William L Ottaviani received a stock option grant for 2,100 shares.
5 July 2011director interest notice● Neutral
ZION OIL & GAS INC Chief Executive Officer Richard Rinberg exercised stock options for 20,000 shares.
5 July 2011director interest notice● Neutral
ZION OIL & GAS INC Executive Vice President Victor G Carrillo received a stock option grant for 25,000 shares.
5 July 2011director interest notice● Neutral
ZION OIL & GAS INC Chief Financial Officer Ilan N Sheena exercised stock options for 3,750 shares.
1 July 2011securities registration● Neutral
ZION OIL & GAS INC filed a free-writing prospectus - marketing material for an offering in progress.
29 June 2011securities registration● Neutral
ZION OIL & GAS INC filed a prospectus supplement for an offering off its existing shelf.
23 June 2011securities registration● Neutral
Zion Oil & Gas filed its base shelf prospectus dated May 26, 2011, allowing it to offer up to $150 million of common stock, debt, warrants, units and rights. Specific terms of any offering would be set out in later prospectus supplements.
23 June 2011securities registration● Neutral
ZION OIL & GAS INC filed a prospectus supplement for an offering off its existing shelf.
17 June 2011securities registration● Neutral
ZION OIL & GAS INC filed a free-writing prospectus - marketing material for an offering in progress.
10 June 2011securities registration● Neutral
ZION OIL & GAS INC filed a free-writing prospectus - marketing material for an offering in progress.
2 June 2011agm notice● Neutral
Zion Oil & Gas filed additional definitive proxy materials (Schedule 14A) with the SEC ahead of its annual meeting. The filing text shown contains only the cover page and gives no agenda or meeting details.
1 June 2011material agreement▲ GoodMajor
Israel's Petroleum Commissioner granted Zion the Jordan Valley exploration license (about 226 square kilometers, just south of the Sea of Galilee) on May 26, 2011, with a primary term to April 12, 2014. Zion must identify a prospect and contract for drilling by October 13, 2012 and drill a well to about 5,000 meters by April 13, 2013.
27 May 2011director interest notice● Neutral
ZION OIL & GAS INC Chief Executive Officer Esop Trust CO. Fbo Richard Rinberg exercised stock options for 130,000 shares and disposed of 130,000 shares.
27 May 2011director interest notice● Neutral
ZION OIL & GAS INC Chief Executive Officer Richard Rinberg gifted 40,000 shares.