Ness Energy Defining the Roles of its Affiliates and Wholly
Owned Subdiaries
WILLOW PARK, TEXAS, U.S.A./NETANYA, ISRAEL: April 19, 2005/PR
Newswire-First Call/ Ness Energy International, Inc. (OTC Bulletin
Board: NESS) (Ness) In an effort to help define the roles of and
the relationship between Ness and Modi'in Energy Limited
Partnership (TASE: MDIN.L) Ness is releasing the following short
summary, containing information already made available in our most
recent 10-KSB and other filings.
Ness Energy continues to be deeply involved in exploration and
development in Israel
The Vision of finding and developing an oilfield in Israel was
birthed in the heart of Hayseed Stephens, founder of Ness Energy
from the beginning of Ness's operations. The Vision has continued
through the present with Ness Energy's strategic purchase in
[2004] of Modi'in Energy Management, the general partner of
Modi'in Energy Limited Partnership. Ness continues to proceed
unabated with efforts in Israel, as one of Ness's core operations
for the future. We anticipate that Ness Energy of Israel
will continue to be the operator of all drilling explorations and
we anticipate continuing ongoing cooperation into the future with
Modi'in Energy Limited Partnership in order to make the Vision a
reality.
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.
DISCLAIMER:
This press release may contain forward-looking statements that
involve risks and uncertainties and assumptions concerning both
Ness Energy and Modi'in Energy Limited Partnership. These
statements may differ materially from actual future events or
results and currently can not be verified or confirmed. Readers
are referred to the documents filed by Ness Energy International,
Inc. with the SEC, including the company's most recent report on
Form 10-KSB, which identify important risk factors that could
cause actual results to differ from those contained in the
forward-looking statements. Readers are further referred to the
documents filed by Ness Energy International, Inc. with the SEC,
including the company's most recent report on Form 10-KSB, which
identify important risk factors that could cause actual results to
differ from those contained in the forward-looking statements.
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/