Ness
Energy International Announces That It Has Become a Texas
Corporation and Has Acquired Two Natural Gas Wells in North Texas
FORT
WORTH, Texas, March 5, 2008 /PRNewswire-FirstCall via COMTEX/ --
Ness Energy International (NESS) announced today that it has
reincorporated in the State of Texas and is now a Texas Corporation.
Mr. Alan
Stricklin, President and CEO, stated, "This transfer of the company
from Washington State to a corporation in the State of Texas permits
us to work more easily with several potential lenders and industry
partners in projects that are being contemplated."
Mr.
Stricklin further stated, "The company has acquired a 50% working
interest in two producing gas wells in Parker County, Texas, which
is 30 miles west of Fort Worth. These wells will need further rework
and are expected to increase their production significantly within
the next few months. The Rogers lease continues to produce while
rework is currently underway on two additional wells on this lease.
These
new leases and wells are in line with our plan to add additional
revenue sources to the company. We are continuing to evaluate
multiple prospects and plan to acquire additional properties and
have them on line in the near future."
Ness
Energy International, Inc. is a developmental stage company focused
on the exploration, development, and production of natural gas and
oil. Headquartered in Fort Worth, Texas, the company's operations
are focused on exploration, developmental drilling, corporate and
property acquisitions primarily in the Fort Worth Basin region of
North Texas. The company's long term focus and goal is to continue
"The Vision" of the founders of the company and to successfully
drill for and produce commercial quantities of oil and natural gas
in Israel.
This press
release includes "forward-looking statements" as defined by the
Securities and Exchange Commission. Such statements are those
concerning the strategic plans, expectations and objectives for
future operations. All statements, other than statements of
historical facts, included in this press release that address
activities, events or developments that the company expects,
believes or anticipates will or may occur in the future are
forward-looking statements. These statements are based on certain
assumptions made by the company based on its experience and
perception of historical trends, current conditions, expected future
developments and other factors it believes are appropriate in the
circumstances. Such statements are subject to a number of
assumptions, risks and uncertainties, many of which are beyond the
control of the company. We caution you not to place undue reliance
on our forward-looking statements, which speak only as of the date
of this press release, and we undertake no obligation to update this
information.
CONTACT: Ness Energy International,
Inc. (817) 550-1704 or information@nessenergy.com
Visit us on the
web at
http://www.nessenergy.com