Ness Energy Releases Exceptional Financial Results, Company Has Materially Increased Revenues; Projects Year End Figures to Continue Trend

WILLOW PARK, TEXAS, U.S.A./NETANYA, ISRAEL: November 23, 2004 /PR Newswire-FirstCall/ -- Ness Energy International, Inc. (OTC Bulletin Board: NESS) announced exceptional increases in select financial performance, within its statement of operations, and Management expects the trend to continue for the year end. In other news, President and C.E.O. Sha Stephens embarks upon international campaign to rally Ness resources and opportunities to accomplish year end goals:  marking a banner year for Ness operations, and establishing a financial infrastructure for expansive 2005 exploration, and development plans.

Revenue Increase

Ness has confirmed financial quarter results include increased gross revenues of close to $800,000, as compared to the prior year's quarter (third quarter).  Also, results for the nine months ended September 30, 2004, compared to the 2003 period, reflect an increase in revenues of just over $900,000.  These increases reflect Management's direction to build cash flow from transactions on a steady basis while Ness entertains funding opportunities which, if successful, will fund a multi-million dollar, multi-well roll out for early 2005. President Stephens noted, "While operations reflect increased costs with loss, gross profit is there and the facts Ness is generating income, and projects the trend to continue (this year end may include higher revenues compared to 2003), confirms our business model works."

Other News

President Stephens has embarked upon a demanding international schedule of trips and meetings which will culminate back in Texas, just following the upcoming holiday weekend. Starting this past week, from New York, on to London, President Stephens, in Israel today, will undertake one more Middle East trip while there, as he continues talks on building a significant base of financial support for his expansive 2005 drilling programs, which include numerous Texas re-works and ventures, and further Israeli operations. Upon return to Texas, interested parties will travel and convene back in Texas following the holiday.

About Ness-The Vision

Ness Energy is an aggressive, emerging oil and gas company building on deals that make sense. Ness Energy operates interests in the Ft. Worth Basin and the Coastal Plains regions of Texas. Ness is also a very active player in the energy industry in Israel, carrying out the Vision of The Company. Ness Energy is building at a high-speed pace through Merger, Acquisitions, Drilling, Re-Work and Re-Entry.

Certain Information

Figures are unaudited or estimates, unless otherwise noted,  and are subject to more complete final figures and footnotes in financial filings with the SEC. Certain statements above are forward-looking based on Management's expectations or estimates, subject to change. Words like "anticipates," "expects," "intends," "plans," "projects," "believes," "estimates" and similar identify them. They are not guarantees of performance or otherwise and are subject to risks, uncertainties and other factors, some beyond control and difficult to predict. Therefore, outcomes may differ materially from these statements. Do not place undue reliance on them. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims information created or distributed by any outside party and endorses only its official Press Releases. Comments concerning plans, filings, reports or other documents are limited in that they may express opinions or be summaries of less than all of the information.

CONTACT:

Ness Energy International, Inc.
Tina Sbriglia - Investor Relations
(817) 341-1477 or info@nessenergy.com
Visit us on the web at http://www.nessenergy.com/