Zion Oil and Gas, Inc. is an oil and gas exploration company. The Company holds one active petroleum exploration license onshore Israel, the New Megiddo License 428 (NML 428), consisting of approximately 99,000 acres. The NML 428 lies onshore, south and west of the Sea of Galilee. Its wholly owned subsidiaries include Zion Drilling, Inc., which is focused on owning a drilling rig, related equipment and spare parts,...