Ness Energy International, Inc.

On 02/10/2009, the United States Bankruptcy Court granted a Motion to Dismiss the Chapter 7 Bankruptcy for Ness Energy International, Inc. The company is no longer in bankruptcy.

As more information is available, a notice will be sent.

OKT Resources, LLC, a privately owned oil and gas company located in Edmond, Oklahoma has purchased Ness of Israel, Inc. and all of its assets from Ness Energy International, Inc. One of the managing partners of OKT is David M. Boyce, who was a friend of the late Hayseed Stephens and former consultant for Ness Energy International, Inc. Mr. Boyce met Mr. Stephens in 1990 and assisted him periodically with the Dead Sea Project through 1998. Mr. Boyce spent the majority of four years in Ness’s office from 1999 through early 2003 and made several trips to Israel with Mr. Stephens. The purchase includes any stock that may remain in Modi’in, a publically traded Israeli company along with all files and data concerning the work in Israel collected by Mr. Stephens and Ness Energy through the many years of work there.