Zion Oil & Gas flows gas from Megiddo Valleys recompletion

• Zion Oil & Gas produced gas from its Megiddo-Jezreel #1 well re-entry.

• The well is currently in the stimulation-fluid recovery and cleaning phase.

Zion Oil & Gas Inc. produced natural gas from its Megiddo-Jezreel #1 (MJ-01) well re-entry onshore in Israel.

The well was recompleted in the 75,000-acre Megiddo Valleys license. Perforation and stimulation operations were successfully completed, with gas observed at surface during early flowback. The well is currently in the stimulation-fluid recovery and cleaning phase.

Zion is sourcing additional equipment to continue flowback testing and conduct volumetric analysis to evaluate reservoir characteristics. These efforts are part of Zion’s ongoing plan to assess the well’s production potential.