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Zion Oil & Gas Re-Enters Well Near Caesarea

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January 10, 2014

Zion Oil & Gas Inc. (NasdaqGM: ZN) performed re-entry operations on its Elijah #3 well located in the Asher-Menashe license, the company said Jan. 8. Re-entry operations began Jan. 5, the company added. Zion is exploring whether Elijah #3 hit a hydrocarbon reservoir, the company said.

The well was perforated and stimulated for a production test, and a drill stem test focused on hydrocarbons will be performed, the company added. The Elijah #3’s key zone is roughly 7,320 -7,390 feet total depth, the company said.

Depending on the drill stem ...

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