Ness Energy Commences First Oil and Gas Project in Israel;
Equipment and Personnel on Site
WILLOW PARK, TEXAS, U.S.A./NETANYA, ISRAEL: March 3,
2004, /MacReport-FirstCall/ -- Ness Energy International, Inc.
(OTC Bulletin Board: NESS) announced the first Israeli oil and gas
well project in Israel is underway. The Ness Energy company owned
drilling/workover rig, all of its components and support
personnel, are on location in Israel, and work has begun on the
Gurim #4. Ness efforts in Israel have now moved from the planning
and preparation stages to actual in-the-field oil and gas
exploration.
RIG ON LOCATION, GURIM #4
Sunday the 29th of February not only was a landmark day, but a
very busy day for Ness Energy International and its personnel in
Israel. As the sun was coming up on Sunday, which is the first day
of the work week in Israel, crews were loading equipment on trucks
and making sure all components for the work over rig were in place
and tied down. The convoy of equipment and crew left from Ashdod,
where the rig had been stored and refurbished, and departed toward
Arad to the Gurim #4 location. The moving of equipment,
which was to have taken place one week earlier, was delayed from
the target date while the crew waited on parts for the rig that
could only come out of the United States. Once the parts were
received, they were installed on the rig. When everything checked
out to be working properly, they moved toward the southwest end of
The Dead Sea, to Arad.
Sha Stephens, President of Ness Energy International said,
"This is truly a mile stone for Ness Energy International. Even
though Ness Energy has been partners in oil and gas ventures in
the past, NOW, a first in the history of the company, Ness Energy
is in charge of and conducting its own oil and gas operations in
Israel. NOW, as a result of our recent purchase of the
drilling and work over equipment, along with the acquisition of
LaHava Oil & Gas Ltd., we are able to pursue this type of
project and move Ness out of the past and into the future. As far
as most oil and gas deals go, the workover of this well does not
amount to a sizeable venture, but for Ness Energy International,
Inc. it is symbolically the biggest thing to date that the company
has experienced. With this rework, or test, which Ness is
undertaking, several things are accomplished. First off,
Ness is able to rub elbows and meet various players in the energy
service industry in Israel. Also, we get to experience and gain
first hand knowledge of the inner-working of the industry and its
politics."
Other News
Ness Energy has been in contact with the larger Independent oil
and gas company discussed in earlier releases. The negotiations
have progressed smoothly and news on this event will follow in the
days ahead.
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 believes that 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 to supply Israel and the Christian communities
with supernatural wealth.
Certain Information
Certain statements in this news release may contain
forward-looking information and are based on Management's current
expectations, estimates and projections subject to change. Words
such as "anticipates," "expects," "intends," "plans," "targets,"
"projects," "believes," "seeks," "estimates" and similar
expressions are intended to identify such forward-looking
statements. These statements are not guarantees of future
performance and are subject to certain risks, uncertainties and
other factors, some of which are beyond our control and are
difficult to predict. Therefore, actual outcomes and results may
differ materially from what is expressed or forecasted in such
forward-looking statements. You should not place undue reliance on
these forward-looking statements. 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 any
information that is created or distributed by any outside party
and endorses only information that is communicated by its official
Press Releases.
Contact Information:
Ness Energy International, Inc.
(817)-341- 1477
world
wide web at http://www.nessenergy.com/