$ZNOG
ZION OIL & GAS INC

2023 Q3 Form 10-Q Financial Statement

#000121390023065636 Filed on August 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $16.00K $4.000K
YoY Change -98.85%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.710M $2.287M
YoY Change -27.39% -8.37%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $190.0K $201.0K
YoY Change -5.47% 2.03%
% of Gross Profit
Operating Expenses $1.710M $2.287M
YoY Change -27.39% -8.37%
Operating Profit -$1.747M -$2.335M
YoY Change -25.82% -6.45%
Interest Expense $0.00 $3.000K
YoY Change -100.0% -115.0%
% of Operating Profit
Other Income/Expense, Net $2.000K $3.000K
YoY Change -111.76%
Pretax Income -$1.743M -$2.334M
YoY Change -26.58% -10.13%
Income Tax
% Of Pretax Income
Net Earnings -$1.743M -$2.334M
YoY Change -26.58% -10.13%
Net Earnings / Revenue -10893.75% -58350.0%
Basic Earnings Per Share -$3.00 -$4.00
Diluted Earnings Per Share -$3.00 -$4.00
COMMON SHARES
Basic Shares Outstanding 579.1M shares 540.3M shares
Diluted Shares Outstanding 578.5M shares 542.8M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $510.0K $518.0K
YoY Change -83.44% -91.0%
Cash & Equivalents $510.0K $518.0K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables $156.0K
Total Short-Term Assets $1.929M $2.126M
YoY Change -68.21% -76.59%
LONG-TERM ASSETS
Property, Plant & Equipment $5.781M $91.00K
YoY Change 4600.0% -31.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $436.0K $438.0K
YoY Change 6.34% -3.52%
Total Long-Term Assets $22.81M $22.69M
YoY Change -65.66% -62.69%
TOTAL ASSETS
Total Short-Term Assets $1.929M $2.126M
Total Long-Term Assets $22.81M $22.69M
Total Assets $24.73M $24.82M
YoY Change -65.88% -64.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $862.0K $1.121M
YoY Change -51.74% -32.39%
Accrued Expenses $412.0K $729.0K
YoY Change -73.32% 23.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.037M $2.488M
YoY Change -50.65% -19.17%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $520.0K $477.0K
YoY Change 6.56% -16.46%
Total Long-Term Liabilities $520.0K $477.0K
YoY Change 6.56% -16.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.037M $2.488M
Total Long-Term Liabilities $520.0K $477.0K
Total Liabilities $2.557M $2.965M
YoY Change -44.61% -18.74%
SHAREHOLDERS EQUITY
Retained Earnings -$285.0M -$283.1M
YoY Change 23.56% 24.0%
Common Stock $307.0M $304.9M
YoY Change 2.84% 3.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $22.18M $21.85M
YoY Change
Total Liabilities & Shareholders Equity $24.73M $24.82M
YoY Change -65.88% -64.49%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income -$1.743M -$2.334M
YoY Change -26.58% -10.13%
Depreciation, Depletion And Amortization $190.0K $201.0K
YoY Change -5.47% 2.03%
Cash From Operating Activities -$1.520M -$1.475M
YoY Change 17.37% 10.65%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities -$320.0K -$891.0K
YoY Change -93.41% -79.85%
Cash From Investing Activities -$320.0K -$891.0K
YoY Change -93.45% -80.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.800M 1.765M
YoY Change -48.26% -50.5%
NET CHANGE
Cash From Operating Activities -1.520M -1.475M
Cash From Investing Activities -320.0K -891.0K
Cash From Financing Activities 1.800M 1.765M
Net Change In Cash -40.00K -601.0K
YoY Change -98.52% -75.12%
FREE CASH FLOW
Cash From Operating Activities -$1.520M -$1.475M
Capital Expenditures $0.00 $0.00
Free Cash Flow -$1.520M -$1.475M
YoY Change 20.06% 33.36%

Facts In Submission

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dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Transition Report
DocumentTransitionReport
false
dei Entity Registrant Name
EntityRegistrantName
ZION OIL & GAS, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
20-0065053
dei Entity Address Address Line1
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dei Entity Address Address Line2
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dei Entity Address State Or Province
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dei Local Phone Number
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dei Security12b Title
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Note 1 - Nature of Operations, Basis of Presentation and Going Concern</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif"><b>A. Nature of Operations</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Zion Oil &amp; Gas, Inc., a Delaware corporation (“we,” “our,” “Zion” or the “Company”) is an oil and gas exploration company with a history of 23 years of oil &amp; gas exploration in Israel. As of June 30, 2023, the Company has no revenues from its oil and gas operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Zion maintains its corporate headquarters in Dallas, Texas. The Company also has branch offices in Caesarea, Israel and Geneva, Switzerland. The purpose of the Israel branch is to support the Company’s operations in Israel, and the purpose of the Switzerland branch is to operate a foreign treasury center for the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On January 24, 2020, Zion incorporated a wholly owned subsidiary, Zion Drilling, Inc., a Delaware corporation, for the purpose of owning a drilling rig, related equipment and spare parts, and on January 31, 2020, Zion incorporated another wholly owned subsidiary, Zion Drilling Services, Inc., a Delaware corporation, to act as the contractor providing such drilling services. When Zion is not using the rig for its own exploration activities, Zion Drilling Services may contract with other operators in Israel to provide drilling services at market rates then in effect.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Zion has the trademark “ZION DRILLING” filed with the United States Patent and Trademark Office. Zion has the trademark filed with the World Intellectual Property Organization in Geneva, Switzerland, pursuant to the Madrid Agreement and Protocol. In addition, Zion has the trademark filed with the Israeli Trademark Office in Israel.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span style="text-decoration:underline">Exploration Rights/Exploration Activities</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"><b>New Megiddo License 428 (“NML 428</b></span> <span style="font-family: Times New Roman, Times, Serif"><b>”)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The New Megiddo License 428 (“NML 428”) was initially awarded on December 3, 2020 for a six-month term and was extended several times before expiring on February 1, 2023. Zion Oil &amp; Gas, Inc. filed an amended application with the Israel Ministry of Energy for a new exploratory license on January 24, 2023 covering the same area as its License No. 428, which expired on February 1, 2023. However, its original application to replace License No. 428 was filed on May 11, 2022, and a revised application was filed on August 29, 2022.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Prior to the filing of our last Quarterly Report, we received initial administrative approval from various departments within the Israel Ministry of Energy which puts us in an excellent position to obtain final approval of our license.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We continue our exploration focus here based on our studies as it appears to possess the key geologic ingredients of an active petroleum system with significant exploration potential.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We have finalized the technical and operational preparations for our re-entry of the MJ-01 well.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif"><b>B. Basis of Presentation</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying unaudited interim consolidated condensed financial statements of Zion Oil &amp; Gas, Inc. have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with Article 8-03 of Regulation S-X. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, all adjustments, consisting only of normal recurring accruals necessary for a fair statement of financial position, results of operations and cash flows, have been included. The information included in this Quarterly Report on Form 10-Q should be read in conjunction with the financial statements and the accompanying notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022. The year-end balance sheet data presented for comparative purposes was derived from audited financial statements, but does not include all disclosures required by GAAP. The results of operations for the three and six months ended June 30, 2023 are not necessarily indicative of the operating results for the year ending December 31, 2023 or for any other subsequent interim period.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif"><b>C. Going Concern</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company incurs cash outflows from operations, and all exploration activities and overhead expenses to date have been financed by way of equity or debt financing. The recoverability of the costs incurred to date is uncertain and dependent upon achieving significant commercial production of hydrocarbons.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company’s ability to continue as a going concern is dependent upon obtaining the necessary financing to undertake further exploration and development activities and ultimately generating profitable operations from its oil and natural gas interests in the future. The Company’s current operations are dependent upon the adequacy of its current assets to meet its current expenditure requirements and the accuracy of management’s estimates of those requirements. Should those estimates be materially incorrect, the Company’s ability to continue as a going concern may be impaired. The consolidated financial statements have been prepared on a going concern basis, which contemplates realization of assets and liquidation of liabilities in the ordinary course of business. During the six months ended June 30, 2023, the Company incurred a net loss of approximately $4.5 million and had an accumulated deficit of approximately $283 million. These factors raise substantial doubt about the Company’s ability to continue as a going concern for one year from the date the financials were issued.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">To carry out planned operations, the Company must raise additional funds through additional equity and/or debt issuances or through profitable operations. There can be no assurance that this capital or positive operational income will be available to the Company, and if it is not, the Company may be forced to curtail or cease exploration and development activities. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.</p>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif"><b>B. Use of Estimates</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of the accompanying consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of expenses. Such estimates include the valuation of unproved oil and gas properties, deferred tax assets, asset retirement obligations, borrowing rate of interest consideration for leases accounting and legal contingencies. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, which management believes to be reasonable under the circumstances. The Company adjusts such estimates and assumptions when facts and circumstances dictate. Illiquid credit markets, volatile equity, foreign currency, and energy markets have combined to increase the uncertainty inherent in such estimates and assumptions. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in those estimates resulting from continuing changes in the economic environment will be reflected in the consolidated financial statements in future periods.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The full extent to which the COVID-19 pandemic may directly or indirectly impact our business, results of operations and financial condition, will depend on future developments that are uncertain, including as a result of new information that may emerge concerning COVID-19 and the actions taken to contain it or treat COVID-19, as well as the economic impact on local, regional, national and international markets. We have made estimates of the impact of COVID-19 within our consolidated financial statements, and although there is currently no major impact, there may be changes to those estimates in future periods. Actual results may differ from these estimates.</p>
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Plan participants, who enroll in the AMI at a minimum of $100 per month, will receive one hundred (100) ZNWAY warrants. Plan participants, who enroll in the AMI at a minimum of $250 per month, will receive two hundred and fifty (250) ZNWAY warrants. Plan participants, who enroll in the AMI at a minimum of $500 per month, will receive five hundred (500) ZNWAY warrants. The AMI program requires 90 days of participation to receive the ZNWAY warrants. Existing AMI participants are entitled to participate in this monthly program by increasing their monthly amount above the minimum $50.00 per month.
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CY2023Q2 zn Operating Lease Right Of Use Assets
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CY2023Q2 us-gaap Operating Lease Liability Noncurrent
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12000 usd
CY2023Q2 us-gaap Operating Lease Liability
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79000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
208000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P0Y7M6D
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0.049 pure
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68000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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11000 usd
CY2023Q2 zn Lessee Operating Lease Liability Payments Due1
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CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
78000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
57000 usd
us-gaap Operating Lease Cost
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126000 usd
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
68000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
137000 usd
CY2023Q2 us-gaap Operating Lease Payments
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57000 usd
us-gaap Operating Lease Payments
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127000 usd
CY2022Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
71000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
143000 usd
CY2022Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
136000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
136000 usd
CY2023Q2 zn Bank Guarantees To Government
BankGuaranteesToGovernment
930000 usd
CY2023Q2 us-gaap Other Commitment
OtherCommitment
1018000 usd
us-gaap Reinsurance Retention Policy Reinsured Risk Percentage
ReinsuranceRetentionPolicyReinsuredRiskPercentage
0.051 pure
CY2022 us-gaap Reinsurance Retention Policy Reinsured Risk Percentage
ReinsuranceRetentionPolicyReinsuredRiskPercentage
0.132 pure
CY2023Q2 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
1558000 usd
CY2023Q2 zn Weighted Average Interest Rate
WeightedAverageInterestRate
0.0418 pure
zn Weighted Average Interest Rate
WeightedAverageInterestRate
0.0321 pure
CY2022Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
usd
us-gaap Impairment Of Oil And Gas Properties
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usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
usd
us-gaap Payments To Acquire Property Plant And Equipment
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usd
zn Acquisition Of Drilling Rig And Related Equipment
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usd
us-gaap Payments Of Stock Issuance Costs
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usd
zn Cost Of Options Capitalized To Oil Gas Properties
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zn New Lease Accounted For As A Right Of Use Lease Asset
NewLeaseAccountedForAsARightOfUseLeaseAsset
usd
zn Asset Additions
AssetAdditions
usd
CY2023Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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CY2018Q4 zn Exercise Price Per Share
ExercisePricePerShare
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CY2022Q2 zn Drilling Costs And Other Operational Related Costsimpairmentofunprovedoilandgasproperties
DrillingCostsAndOtherOperationalRelatedCostsimpairmentofunprovedoilandgasproperties
usd
zn Drilling Costs And Other Operational Related Costsimpairmentofunprovedoilandgasproperties
DrillingCostsAndOtherOperationalRelatedCostsimpairmentofunprovedoilandgasproperties
usd
CY2022Q2 zn Capitalized Salary Costsimpairmentofunprovedoilandgasproperties
CapitalizedSalaryCostsimpairmentofunprovedoilandgasproperties
usd
zn Capitalized Salary Costsimpairmentofunprovedoilandgasproperties
CapitalizedSalaryCostsimpairmentofunprovedoilandgasproperties
usd
zn Capitalized Salary Costsimpairmentofunprovedoilandgasproperties
CapitalizedSalaryCostsimpairmentofunprovedoilandgasproperties
usd
CY2022Q2 zn Capitalized Interest Costsimpairmentofunprovedoilandgasproperties
CapitalizedInterestCostsimpairmentofunprovedoilandgasproperties
usd
zn Capitalized Interest Costsimpairmentofunprovedoilandgasproperties
CapitalizedInterestCostsimpairmentofunprovedoilandgasproperties
usd
zn Capitalized Interest Costsimpairmentofunprovedoilandgasproperties
CapitalizedInterestCostsimpairmentofunprovedoilandgasproperties
usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
usd
CY2022Q2 zn Other Costs Impairmentof Unproved Oiland Gas Properties
OtherCostsImpairmentofUnprovedOilandGasProperties
usd
zn Other Costs Impairmentof Unproved Oiland Gas Properties
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usd
zn Other Costs Impairmentof Unproved Oiland Gas Properties
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usd
CY2022Q2 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
usd
us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
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usd
CY2022Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
usd
us-gaap Interest Costs Capitalized
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usd
CY2022Q2 zn Other Utility Cost
OtherUtilityCost
usd
zn Other Utility Cost
OtherUtilityCost
usd
zn Other Utility Cost
OtherUtilityCost
usd
CY2022Q2 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
usd
us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
usd
CY2023Q2 zn Increase Decrease In Capitalized Costs Of Unproved Properties Excluded From Amortization Period Cost
IncreaseDecreaseInCapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationPeriodCost
usd
CY2022Q2 zn Increase Decrease In Capitalized Costs Of Unproved Properties Excluded From Amortization Period Cost
IncreaseDecreaseInCapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationPeriodCost
usd
zn Increase Decrease In Capitalized Costs Of Unproved Properties Excluded From Amortization Period Cost
IncreaseDecreaseInCapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationPeriodCost
usd
zn Increase Decrease In Capitalized Costs Of Unproved Properties Excluded From Amortization Period Cost
IncreaseDecreaseInCapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationPeriodCost
usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
usd
CY2023Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
usd
zn License Cost
LicenseCost
usd
CY2022 zn License Cost
LicenseCost
usd
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0001131312
dei Entity File Number
EntityFileNumber
001-33228

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