Filing Details

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

989696109

(CUSIP Number)

January 25, 2024

(Date of Event Which Requires Filing of this Statement)

CUSIP No.

13G

Page 1 of  4 

1

NAME OF REPORTING PERSONS

Donald D. Ellis

2

CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP

(a)  ☐

(b)  ☐ 

3

SEC USE ONLY

4

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

5

SOLE VOTING POWER

53,163,868 Shares

NUMBER OF

6

SHARED VOTING POWER

SHARES

BENEFICIALLY

OWNED BY

7

SOLE DISPOSITIVE POWER

EACH REPORTING

53,163,868 Shares

PERSON WITH

8

SHARED DISPOSITIVE POWER

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

53,163,868

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

☐

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

7.94%

12

TYPE OF REPORTING PERSON

(a)

Name of Issuer: Zion Oil and Gas, Inc.

(b)

Address of Issuer: 12655 North Central Expressway, Suite 1000, Dallas, Texas, 75243

Item 2(a). 

Name of Person Filing: Donald D. Ellis

Item 2(b)  

Address of Principal Business Office or, if none, Residence:

2750 Fox Grove Court, Colorado Springs, Colorado, 80906

Item 2(c).

Citizenship or Place of Organization: United States

Item 2(d).

Title of Class of Securities: common stock, par value $0.01 per share

Item 2(e). 

CUSIP Number: 989696109

(a)

☐

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)

☐

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)

☐

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)

☐

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e)

☐

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

☐

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

☐

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)

☐

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

☐

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

☐

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

a)

Amount beneficially owned: 53,163,868 shares

b)

Percent of class: 7.94%

c)

Number of shares as to which the Reporting Person has:

(i) Sole power to vote or to direct the vote: 53,163,868

(ii) Shared power to vote or to direct the vote:

(iii) Sole power to dispose or to direct the disposition of: 53,163,868

(iv) Shared power to dispose or to direct the disposition of:

Item 5.

Ownership of 5 Percent or Less of a Class.

Not Applicable

Item 6.

Ownership of More than 5 Percent on Behalf of Another Person.

Not Applicable

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not Applicable

Item 8.

Identification and Classification of Members of the Group.

Not Applicable

Item 9.

Notice of Dissolution of Group.

Not Applicable

Item 10.

Certifications.

Date: January 25, 2024

By:

/s/ Donald D. Ellis