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Zion Oil & Gas Update: July 15, 2025 Dear Zion Shareholders and Supporters, On June 10 we completed flowback operations at our Megiddo Jezreel #1 well in Israel and have since temporarily shut it in and demobilized our crew. We did this, and the last of our out-of-country crew left, just hours before the 12-day war with Iran began. Over the past several weeks we have been analyzing the initial gas composition data. These results confirm that our targeted perforation and stimulation were successful: Gas reached the surface and showed characteristics consistent with a productive reservoir. At this point we are considering two ways of moving forward. The first is to sidetrack the well laterally using our rig. The second is to deploy coil tubing. Both approaches are being evaluated in terms of technical feasibility and overall cost. We expect to begin equipment procurement and scheduling by the end of July. I ask for your continued patience and prayers for both our operations and the people of Israel. Our team remains confident in our progress and focused on the vision ahead. For a fuller understanding where we are operationally, I invite you to listen to a full 20minute audio conversation with our COO, Monty Kness, and VP of Investor Relations and Marketing, Andrew Summey. Thank you for your support for Israel and Zion. We continue to ask for your prayers since we know they make a difference for Israel and our work. Warm regards, Rob Dunn CEO, Zion Oil & Gas “The LORD bless you out of Zion, And may you see the good of Jerusalem All the days of your life.” 🇮🇱Zion Oil & Gas Update: July 15, 2025