Brief: Zion Oil and Gas says it has been granted exploration license extension in Israel

Zion Oil & Gas

07/07/2016 01:37

July 6 (Reuters) - Zion Oil and Gas Inc  ZN.O : 
    * Zion and Oil Field service company are expected to own 
subsidiary in equal measure 
    * Extends time by one extra year that would enable to 
potentially drill up to three wells in that time period 
    * Zion Oil & Gas granted exploration license extension in 
Israel 
    * Says parties are in process of negotiating terms of a 
legally binding agreement 
 
    Source text for Eikon:  urn:newsml:reuters.com:*:nGNXMXDHKa 
    Further company coverage:  ZN.O  
 
 (Bengaluru Newsroom) 
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