Exhibit 10.2 [TRANSLATION FROMHEBREW] STATE OF ISRAEL MINISTRY OF ENERGY AND WATER RESOURCES
EX-10.2 3 v309731_ex10-2.htm EXHIBIT 10.2
Exhibit 10.2
[TRANSLATION FROM HEBREW]
STATE OF ISRAEL
MINISTRY OF ENERGY AND WATER RESOURCES
Oil and Gas
30 April 2012
Oil ___385__2012
Mr Richard Rinberg
Zion Oil & Gas, Inc
| Re: | Extension of Validity of Asher – Menashe License /334 |
Your letter dated 23 February 2012
In view of your request I extend the validity of the license until 9 June 2013. During the extension period your company shall perform the following work program:
| 1. | Until 15 May, 2012 present a contract with a drilling contractor for re-entry to Elijah-3 wellbore to perform a VSP. |
| 2. | Until 1 July, 2012 summarize the geological results in the Jurassic section of the Elijah-3 wellbore and submit the report to the Commissioner. |
| 3. | Until 1 September, 2012 re-process the seismic line 2312-WH, and update the structural maps. |
| 4. | Until 1 September, 2012 prepare and process the VSP survey. |
| 5. | Until 1 October, 2012 final report on all activities in the license and recommendations for future plan. |
| 6. | Until 1 October, 2012 present a drilling contract with a drilling contractor for another drilling. |
| 7. | Until 1 October 1, 2013 begin drilling. |
Sincerely
Alexander Varshavsky
Commissioner of Petroleum Affairs
