Ness Energy: Texas Production Increases, And Israeli Update; Talks Continue With Israeli Companies

WILLOW PARK, TEXAS, U.S.A./NETANYA, ISRAEL: June 3, 2004 /MacReport-FirstCall/ -- Ness Energy International, Inc. (OTC Bulletin Board: NESS) announced today historic increases in Texas production, and an Israeli update; talks continue with Israeli companies on Israeli well operations.

Texas Production Up

For the very short time Ness has operated its most recent acquisition in Parker County,  which consists of twelve (12) wells and 1200 acres for exploration, production has increased 75%, with minimal effort and virtually no expense.  On average, the property produced 3,500,000 MCF per month.  It is now producing at a rate that will exceed 6,000,000 MCF per month.

"Basically, all we did was repair equipment, fix valves and repair pumping units.  These are simple things that we can easily see and fix and gain production.  It makes me wonder how much more production we can gain by fixing problems down the hole" says Sha Stephens, President of Ness Energy International. 

Also, a rig was moved on for the first rework,  on a well bore that has been shut in for two years.  Because of modern technologies developed over the last few years, Ness can now attempt a rework. This rework effort will bring the well out of the conglomerate and up in the pregnant shale formation.  The pregnant shale formation is one that Ness has been experimenting with, as noted in prior press releases, with great success.  Additional equipment will be deployed and added to the basic job to help recover the treatment.  Ness plans to have the additional well on line within the next two weeks.

ISRAEL Update

Ness President released, to Management, his update of Israeli operations. In summary, Ness is continuing the development of its exploration plans in Israel, including rework of the Gurim well, and is focused on making strategic acquisitions.

Talks continue almost daily with certain Israeli companies to move ahead and participate with Ness on the rework of the Gurim #4.  (The Gurim #4 was the well that was tested back in March and determined to have well bore problems, which Ness believes can be rectified.)  

President Sha Stephens further stated, "Our plans are to cut a window well above the producing interval and directionally drill up dip to a new target in the same zone that would be approximately 200' away from the current perforations.  This should cause us to be able to produce the well water free and achieve commercial production.  We plan on doing this some time this summer."

Ness is also focused on acquisitions that are strategic to its interests in expanding operations in Israel. Currently, talks are underway, including contract negotiations, on additional Israeli companies which, if acquired, are intended to supply strategic value to the Israeli operations,  in terms of property rights, capital and other assets.

About Ness-The Vision

The current business of the Company is focused upon development and execution of oil and gas exploration plans with a focus both on pursuits in the petroleum rich State of Texas, and also in the Middle East, specifically Israel. Ness believe Israel, in particular the southwest end of The Dead Sea, is a place where "Science and The Bible shake hands" and that Ness will achieve the vision of the location and recovery of an abundant source of oil and gas in Israel.

Certain Information

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. Specific details concerning figures, including footnotes, and other information are in more detailed reports with the SEC. 

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/