Ness Energy International, Inc. Appoints New Executive Vice
President and Chief Operating Officer
WILLOW PARK, TEXAS, U.S.A./NETANYA, ISRAEL, June 10, 2005
/PRNewswire-FirstCall/ - Ness Energy International, Inc. (OTC BB:
NESS), today, announced the appointment of its new Executive Vice
President and Chief Operating Officer.
Ness Energy International welcomes Cary E. Hughes as its new
Executive Vice President and Chief Operating Officer. Mr. Hughes
received his MBA from Schulich School of Business in Toronto
Canada. Mr. Hughes received his BA from Case Western Reserve
University, with majors in Political Science and Economics.
Besides his language skills in Russian, French and Spanish, Mr.
Hughes has received significant training in Marketing, business
management, and leadership.
Mr. Sha Stephens, President and Chief Executive Officer of Ness
Energy, was pleased at being able to convince Mr. Hughes to leave
his private practice with Hughes and Associates to join Ness
Energy. At Hughes and Associates, Mr. Hughes directed his
company of Houston based engineers to an alliance with an
Israeli-based consulting firm. Mr. Hughes developed and has
brought to the market millions of dollars in transactions in the
oil and gas industry. Prior to starting his own company Mr.
Hughes developed and covered energy clients for Societe Generale
in Houston Texas. From 1998 to 2000 Mr. Hughes developed a
successful finance origination and marketing campaign in the
commodity derivative market with SG Canada in
Toronto.
Mr. Sha Stephens commented "The appointment of Mr. Hughes marks
the next step of the New Outlook that was put into place when I
came on board. His expertise in finance, his contacts and
relationships that he has established over his career in the
industry and most of all, his belief in The Vision of Ness, will
prove to be a win win for all involved. He has experience in
Israel, having worked as a financial consultant on the Yam Tethys
project, Israel's largest hydrocarbon discovery to date, which
will be of great value to us by having familiarity with the
players already involved in the country. We are truly excited
about the future of Ness."
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 un-audited 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/