Located in the Joseph License area, the well was drilled into the Permian geologic layer.
The company is now preparing for open-hole logging operations, planned to begin this week.
Zion commenced drilling operations on the Ma’anit-Joseph #3 well in August 2010, utilizing a 2,000 horsepower rig.
US-based Zion is engaged in the exploration of oil and gas in Israel in areas located onshore between Haifa and Tel Aviv.