Every 8-K that ZION OIL & GAS INC WTS (ZNOGW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ZNOGW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ZNOGW filings page.
ZION OIL & GAS INC (ZNOG) is updating its Dividend Reinvestment and Direct Stock Purchase Plan by filing Amendment No. 2 to its December 11, 2024 Prospectus Supplement under its shelf Registration Statement on Form S-3. The amendment refines terms of the existing DSPP Unit Option Program.
The Unit Program, which began on August 12, 2026, was scheduled to end on September 10, 2026 and is now extended to September 25, 2026. Each Unit is priced at $250.00 and consists of a number of shares of common stock determined by dividing $250.00 by the average of the high and low sale prices of ZNOG common stock on the OTCQX on the purchase date, plus 75 warrants to purchase additional common shares.
Each warrant, designated ZNWBD, permits the purchase of one share of common stock at an exercise price of $0.75, becomes exercisable on October 27, 2026, and remains exercisable through April 27, 2027. The warrants will not be listed for trading. Zion also executed a Warrant Agent Agreement effective August 12, 2026 with Equiniti Trust Company, LLC, which, along with the warrant form, is being incorporated as exhibits to the Registration Statement.
Zion Oil & Gas, Inc. updated its Dividend Reinvestment and Direct Stock Purchase Plan by adding a new Unit Option program under an amended prospectus supplement. The program runs from August 12, 2026 to September 10, 2026, with possible extension of up to fifteen days at the company’s discretion.
Each Unit is priced at $250.00 and consists of common stock plus 75 ZNWBD warrants. The common stock portion per Unit is determined by dividing $250.00 by the average of the high and low sale prices of the company’s common stock on the OTCQX on the purchase date. Each warrant permits the purchase of one share of common stock at an exercise price of $0.75.
The ZNWBD warrants are not registered for trading on any market, become exercisable on October 12, 2026 and remain exercisable through April 12, 2027, each date extendable by up to fifteen days. Zion Oil & Gas entered into a Warrant Agent Agreement with Equiniti Trust Company, LLC as warrant agent for these warrants, and related exhibits are incorporated into the existing shelf registration for the DSPP.
Zion Oil & Gas, Inc. filed a report describing operational progress on its Megiddo-Jezreel #2 well in Israel. The company has re-entered the well, is drilling out a temporary plug, and plans to proceed with a horizontal sidetrack phase under its approved work plan.
The company reports that its drilling rig has been recertified and recommissioned in line with regulatory requirements and renamed JB-1 in honor of founder John Brown. Zion emphasizes its continued focus on safe operations, regulatory compliance, and its ongoing mission to explore for oil and gas onshore Israel under Megiddo Valleys License 434.
Zion Oil & Gas, Inc. reported results from its 2026 annual stockholder meeting. As of April 6, 2026 there were 1,182,750,591 common shares outstanding, and a quorum of 683,559,582 shares was present in person or by proxy.
Stockholders elected four Class III directors to terms ending at the 2029 annual meeting, ratified RBSM, LLP as auditor for the year ending December 31, 2026, and approved a nonbinding advisory vote on executive compensation. Stockholders also chose a three-year interval for future advisory votes on named executive officer pay.
Zion Oil & Gas, Inc. reported the passing of its founder and Executive Chairman, John Brown, who died peacefully at home on May 22, 2026 at the age of 86. A memorial service is scheduled for May 28, 2026 in Denton, Texas.
The company explains that Brown had already worked with the Board to design and implement a succession plan led by CEO Robert W. A. Dunn and President and CFO Michael B. Croswell, Jr., both around 50 years old. Brown had planned to retire as Executive Chairman at the annual shareholders’ meeting on June 2, 2026, and management states its commitment to continue pursuing his long-term vision for oil and gas development in Israel.
Zion Oil & Gas, Inc. reported a leadership change in its board structure. On May 6, 2026, the Board appointed Robert Dunn as Chairman of the Board, effective May 8, 2026, while he continues to serve as Chief Executive Officer.
John Brown will remain Executive Chairman with no changes to his employment agreement and will continue to oversee the company’s strategic goals and vision. Mr. Dunn will oversee the routine operations of the Board. The filing notes that this move is part of internal succession planning and that there are no new or modified material contracts, nor any disclosable related-party or familial relationships, associated with Mr. Dunn’s promotion.
Zion Oil & Gas, Inc. reported that it has appointed William H. Avery to its Board of Directors, effective January 1, 2026, filling an existing board vacancy. The Board voted on his appointment on January 12, 2026, following a recommendation from the Nominating and Corporate Governance Committee made on December 29, 2025.
Mr. Avery has a long history with the company, having served in multiple senior roles including Vice President of Finance and Treasurer, Executive Vice President, Treasurer, director, General Counsel, and President. He holds a BBA in Finance and Economics from Southern Methodist University and a Juris Doctorate from Duke University. He will serve as a Class II director, with his term up for reelection at the 2028 annual stockholders meeting, and will continue under his existing General Counsel compensation package, with no additional arrangements disclosed.
Zion Oil & Gas, Inc. amended its bylaws to change how shareholder disputes are handled. The board approved these changes on December 1, 2025, and they became effective the same day. Under revised Article XI, persons bringing internal entity claims, as defined under the Texas Business Organizations Code, are deemed to have waived the right to a jury trial if they either voted for or ratified the governing document with the waiver or acquired equity securities of the company or its predecessors.
The amendment also adds a mandatory arbitration provision for shareholder claims under federal and state securities laws. The Texas Business Court is identified as having jurisdiction to enforce the arbitration agreement, appoint an arbitrator, review arbitral awards, and hear other judicial actions authorized by the arbitration agreement under Texas Civil Practice and Remedies Code Chapter 171. The updated bylaws are included as an exhibit to this report.
Zion Oil & Gas, Inc. (ZNOG) has changed the terms of its publicly traded warrant ZNWAA, which trades under the symbol ZNOGW. The company amended its Warrant Agent Agreement with Equiniti Trust Company to extend the warrant’s expiration date. The ZNOGW warrant, previously set to expire on January 31, 2026, will now remain exercisable until January 31, 2031. This extension applies uniformly to all ZNOGW warrants, meaning every holder now has an additional five years in which they may choose to exercise their warrants.