May 11 (Reuters) - Zion Oil and Gas Inc :
* ABILITY TO CONTINUE AS GOING CONCERN DEPENDENT UPON OBTAINING NECESSARY FINANCING TO UNDERTAKE FURTHER EXPLORATION, DEVELOPMENT ACTIVITIES
* CURRENT OPERATIONS ARE DEPENDENT UPON ADEQUACY OF CURRENT ASSETS TO MEET CURRENT EXPENDITURE REQUIREMENTS
* SAYS DURING MARCH QUARTER, CO INCURRED NET LOSS OF ABOUT $1.61 MILLION AND HAD ACCUMULATED DEFICIT OF ABOUT $207.4 MILLION - SEC FILING
* SAYS SOME FACTORS RAISE SUBSTANTIAL DOUBT ABOUT CO’S ABILITY TO CONTINUE AS A GOING CONCERN
Source text for Eikon: Further company coverage:
((Reuters.Briefs@thomsonreuters.com;)
* ABILITY TO CONTINUE AS GOING CONCERN DEPENDENT UPON OBTAINING NECESSARY FINANCING TO UNDERTAKE FURTHER EXPLORATION, DEVELOPMENT ACTIVITIES
* CURRENT OPERATIONS ARE DEPENDENT UPON ADEQUACY OF CURRENT ASSETS TO MEET CURRENT EXPENDITURE REQUIREMENTS
* SAYS DURING MARCH QUARTER, CO INCURRED NET LOSS OF ABOUT $1.61 MILLION AND HAD ACCUMULATED DEFICIT OF ABOUT $207.4 MILLION - SEC FILING
* SAYS SOME FACTORS RAISE SUBSTANTIAL DOUBT ABOUT CO’S ABILITY TO CONTINUE AS A GOING CONCERN
Source text for Eikon: Further company coverage:
((Reuters.Briefs@thomsonreuters.com;)