A Director at Zion Oil & Gas is Exercising Options

By Carrie Williams

Today it was reported that a Director at Zion Oil & Gas (ZNResearch Report), Martin Van-Brauman, exercised options to buy 50,000 ZN shares at $0.01 a share, for a total transaction value of $500.

This recent transaction increases Martin Van-Brauman’s holding in the company by 16.53% to a total of $62.75K. In addition to Martin Van-Brauman, 3 other ZN executives reported Buy trades in the last month.

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Currently, Zion Oil & Gas has an average volume of 740.34K. The company has a one-year high of $1.20 and a one-year low of $0.14.

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Zion Oil & Gas, Inc. engages in exploration of oil and natural gas properties. It currently holds one petroleum exploration license onshore Israel and Megiddo-Jezreel. The company was founded by John M. Brown in 2000 and is headquartered in Dallas, TX.