ZNOG Zion Oil and Gas Inc (QB)

DALLAS and CAESAREA, Israel, April 20, 2017 /PRNewswire/ -- Zion Oil and Gas, Inc. (NASDAQ: ZN) is aware of press releases made by Purcell Julie & Lefkowitz, LLP, and Levi & Korsinsky, LLP., whom are law firms investigating the Company for an alleged potential breach of fiduciary duty claim involving the Company's Board of Directors. The Company takes seriously the allegations and will investigate and respond appropriately to such claims.  Zion, will vigorously defend its management and Board of Directors against any false or misleading allegation.  Zion aims to be transparent with its shareholders with the goal of being above reproach.

Contact Info:
Zion Oil & Gas, Inc. (NASDAQ:  ZN) 
12655 North Central Expressway, Suite 1000
Dallas, TX 75243
Andrew Summey
Telephone: 888-891-9466
Email: andrew.summey@zionoil.com
www.zionoil.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/zion-response-to-shareholder-alert-300443154.html

SOURCE Zion Oil & Gas