This podcast includes audio from the informal portion of the 2021 Annual Meeting of Stockholders held on June 9, 2021. It includes a brief update by Zion Oil & Gas CEO, Robert Dunn, and Q & A portion from shareholders.

This podcast is hosted by Zion VP of Marketing and Investor Relations, Andrew Summey.  Zion Oil & Gas, a public company traded on OTCQX (ZNOG), explores for oil and gas onshore in Israel on their 99,000-acre Megiddo-Jezreel license area.

Website: www.zionoil.com

FORWARD-LOOKING STATEMENT: This podcast contains forward-looking statements. Statements in this communication that are not historical fact, including, but not limited to, statements regarding Zion’s operations; Zion’s ability to continue as a going concern; operational risks in ongoing exploration efforts; the timing and completion of the processing, interpretation of the results and plans contingent thereon off the 3-D seismic survey; regulatory approvals needed for the rig’s operation; the effect, if any, of the coronavirus pandemic on the timing of the operation of the well, and liquidity for shareholders on OTCQX are forward-looking statements as defined in the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on assumptions that are subject to significant known and unknown risks, uncertainties, and other unpredictable factors, many of which are described in Zion’s periodic reports filed with the SEC and are beyond Zion’s control. These risks could cause Zion’s actual performance to differ materially from the results predicted by these forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A in Zion’s Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in Zion’s filings with the SEC. Zion can give no assurance that the expectations reflected in these statements will prove to be correct and assumes no responsibility to update these statements.