Current Report Filing (8-k)
November 30 2016 - 10:09AM
Edgar (US Regulatory)
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
The
Securities Exchange Act of 1934
November
30, 2016
Date
of Report (Date of earliest event reported)
Zion
Oil & Gas, Inc.
(Exact
name of registrant as specified in its charter)
Delaware
(State
or other jurisdiction of incorporation)
001-33228
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20-0065053
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(Commission
File Number)
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(IRS
Employer Identification No.)
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12655
North Central Expressway, Suite 1000, Dallas, TX 75243
(Address
of Principal Executive Offices)
Registrant's
telephone number, including area code: 214-221-4610
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
☐
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01 Other Events.
On
November 29, 2016, the Company received notification from the State of Israel’s Petroleum Commissioner officially approving
the drilling date extension for Zion Oil & Gas, Inc. (the “Company”). The Company submitted an
Application
for Extension of Drilling Date for the Megiddo-Jezreel License No. 401
(the “License”) on November 7, 2016. The
Company’s License has been extended to December 2, 2017, and the obligation to spud the Megiddo-Jezreel #1 well (MJ#1) has
been extended to June 30, 2017. In addition, the Final Report outlining the results of the MJ#1 and future Work Plan has been
extended to November 1, 2017, and to December 1, 2017, respectively.
Previously,
the Company submitted to the Petroleum Commissioner a fully executed drilling contract with S.A. Daflog, S.R.L. for DAFORA’s
F-400 drilling rig currently located in Israel and a detailed Drilling Engineering Plan. The Company has awarded the drill site
construction contract to Y. Bazelet & Aggregatim LTD and will begin site construction in December.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereto duly authorized.
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Zion
Oil and Gas, Inc.
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Date: November
30, 2016
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By:
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/s/ Victor
G. Carrillo
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Victor
G. Carrillo
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Chief
Executive Officer
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3
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