Zion Oil & Gas Inc (ZNOG)

[InFocus]

Possible Delek Partnership?

The Delek Group is currently divesting from all non-core assets in order to focus on energy.
From the latest earnings call transcript,

Delek Group is delivering on its strategy of becoming an international energy firm. To implement the final stage of evolution into a pure play E&P company, we continue to seek large new investments...

Delek Group has net income of ~$500 Million for 2018 and is in the final stages of the sale of its 30% stake in Phoenix Insurance for $1.6 Billion.

Earnings Call transcript link dated April 1, 2029.

They have money to invest and are actively looking for investments.

This falls on top of this article:
Ahead of London IPO, Delek Drilling buys 3 Israeli licenses

Of those 3 licenses Delek just purchased, 2 are for ONSHORE ISRAEL Oil Exploration


There’s def some shared interests between Zion and Delek.