News listings
Equatorial Guinea Licence Round

energy-pedia exploration

Israel flagIsrael

Middle East / Africa >>> Israel

Israel: Zion Oil & Gas acquiring 3D seismic onshore Israel


17 Jul 2019

Photo - see caption

Zion Oil & Gas has entered into binding agreements for 3D seismic landowner permitting services and for consulting services in connection with the required approvals from the Israel Ministries of Transportation and Communication for importation of the seismic equipment.

'The biblically inspired vision of Zion Oil & Gas remains to discover oil and gas onshore in Israel,' Zion's CEO, John Brown said. 'Our planned 3-D seismic program demonstrates Zion's long-term commitment to our dedicated shareholders and to the citizens of Israel.'

'We are enthusiastic about the progress we have made to date with the 3D program permitting process and other required approvals,' stated Zion's COO, Robert Dunn.

Although Zion's permitting contractor began preliminary work on the 3-D landowner permitting process several weeks ago, Zion has now formalized the scope and performance of that work with a signed agreement with Zion's contractor as of July 1, 2019.

Photo - see caption

The contractor has begun obtaining necessary infrastructure permits, acquiring accurate landowner identification for the seismic area and meeting with landowners and authorities. Zion reports this typically is a time-intensive but very important stage of the project because it creates a survey of the program area, which is a prerequisite for mobilization of the seismic acquisition contractor.

In parallel with the permitting process in the license area, Zion is utilizing the services of consultants to work with the Ministries of Transportation and Communication to obtain the necessary permits for importation of the seismic source vehicles and equipment from Europe.

'The Zion Israel team is pleased with the progress made so far on our 3D program permitting process,' reiterated Zion's managing director and VP in Israel, Jeff Moskowitz. 'This is a vital step as we move forward with our exploration plans.'

Zion Oil & Gas explores for oil and gas onshore in Israel currently on their 99,000-acre Megiddo-Jezreel license area.

Original article link

Source: Zion Oil & Gas





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current deals: 1689
Completed deals: 5206

Company Profiles

Current Company Profiles: 2643

Corporate Activity

Current Corporate Activity articles: 3280

Companies Looking

Current number of articles: 427

Company Sales

Current Company Sales articles:1356

Geostudies

Current Geostudies articles: 638

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Geoespace
energy365
Rose & Assocs 149
Union Jack Oil 149
Bayphase
Government of South Australia
SLR Consulting logo
count geophysics
KL Publishing
OPC
RSK Logo 149
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com