Zion Oil & Gas, based in Dallas, Texas, said it has been informed that
it would be awarded an exploration license in the Issachar-Zebulun Permit
area.
Zion said the forthcoming award would be called the Jordan Valley
License and located south of the Sea of Galilee.
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"It traverses south along the western Jordan River Valley," Zion said on
April 14.
The company, with licenses that comprise 162,000 acres, has reported
continued drilling in other operations in Israel. This included
Maanit-Joseph-3, called one of the deepest wells drilled inside Israel.
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