Texas Oil Company Starts Drilling Operation In Israel’s Jezreel Valley

Roman street in Bet She'an National Park, Israel
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Zion Oil & Gaza (NASDAQ: ZN), a Texas-based company, has announced that it has spud [started to drill] the Megiddo-Jezreel #1, a deep, on-shore well located in Israel”s Jezreel Valley, near Beit Sh’ean. “We anticipate drilling through at least four different geologic strata with oil and gas potential,” stated Victor G. Carrillo, Zion”s CEO. “It has…


 


 


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