San Diego, CA -- (SBWIRE) -- 07/24/2018 -- An investigation was announced over potential securities laws violations by Zion Oil & Gas, Inc. and certain of its directors and officers in connection with certain financial statements.

Investors who purchased shares of Zion Oil & Gas, Inc. (NASDAQ: ZN), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Zion Oil & Gas, Inc. (NASDAQ: ZN) concerning whether a series of statements by Zion Oil & Gas, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Dallas, TX based Zion Oil & Gas, Inc. operates as an oil and gas exploration company in Israel. On July 11, 2018, Zion Oil & Gas, Inc. (NASDAQ: ZN) disclosed that the Company had received a subpoena to produce documents from the Fort Worth office of the Securities and Exchange Commission ("SEC"), informing Zion Oil & Gas, Inc. (NASDAQ: ZN) of the existence of a non-public, fact-finding inquiry into the Company.

Shares of Zion Oil & Gas, Inc. (NASDAQ: ZN) declined on July 12, 2018 to as low as $3.10 per share.

Those who purchased shares of Zion Oil & Gas, Inc. (NASDAQ: ZN) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com