Zion Oil and Gas, Inc., which has an active petroleum exploration license onshore Israel on their 99,000-acre Megiddo-Jezreel license area, has been granted an extension of its ?New Megiddo?/428 License. On November 29, 2021, the Ministry of Energy in Israel granted Zion Oil & Gas an extension of the ?New Megiddo?/428 License until August 1, 2022 for the purpose of completing the activities regarding its MJ-02 drilling and testing.