Zion Oil & Gas Inc (OTCMKTS:ZNOG – Get Free Report)’s stock price gapped up prior to trading on Wednesday. The stock had previously closed at $0.4261, but opened at $0.44. Zion Oil & Gas shares last traded at $0.4349, with a volume of 55,517 shares traded.
Zion Oil & Gas Stock Down 1.6%
The firm has a fifty day simple moving average of $0.43 and a 200 day simple moving average of $0.44.
About Zion Oil & Gas
Zion Oil & Gas, Inc is an independent oil and natural gas exploration company focused on identifying and developing petroleum resources in Israel. The company’s activities include geological and geophysical studies, seismic surveying, exploration-well planning, drilling and evaluation of potential hydrocarbon discoveries.
Founded in 2000, Zion Oil & Gas has concentrated its exploration efforts in onshore areas of northern Israel, including the Megiddo-Jezreel Valley region. Its work has involved obtaining exploration rights, conducting seismic surveys and drilling exploratory wells to assess the presence of commercial quantities of oil and natural gas.
The company is headquartered in Dallas, Texas, and carries out its exploration program through operations and affiliated entities in Israel.
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