DALLAS and CAESAREA, Israel, May 24, 2010 (GLOBE NEWSWIRE) -- Zion Oil & Gas, Inc. (Nasdaq:ZN) announced today that, on Friday, May 21, 2010, it signed an extension to its drilling contract with Aladdin Middle East Ltd (AME), which was originally executed on September 12, 2008. Under the terms of the extended contract, AME has agreed to serve as the drilling contractor for Zion's planned next well, the Ma'anit-Joseph #3 well, located in the area covered by Zion's Joseph License.
Zion Oil & Gas Extends Drilling Contract
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