No, we are not. As of the date of this communication (09-04-2009) the former officer has refused to release the files to us. Until the files and corporate documents are released to us we are limited in what can be done to begin the restoration process. We may have to move forward without the files.

Ness stock can be purchased from a broker who deals in penny stocks. We are currently doing some research to provide you with information on some particular stock brokers. WE DISCOURAGE THE BUYING OF NESS STOCK UNTIL THE COMPANY IS ABLE TO START THE SEC FILING OF FINANCIAL REPORTS.

When a publicly traded company ceases to file financial information and reports required by the United States Securities and Exchange Commission (SEC), that company looses its listing on the particular exchange it was trading on and is dropped to what is called ‘Pink Sheets’. Because Ness has not submitted the proper SEC filing since 2006, it was dropped from the Over The Counter Bulletin Board (OTC BB) which it had previously traded on and its listing was moved to the Pink Sheets. To observe the most current information about Ness Energy stock, you may “click” here:

Once you own stock it is yours. Stock ownership does not change just because there are new officers and board members for Ness.

We are not yet in possession of the Ness files. We have no data concerning the warrants issued. After the files come into our possession we will obtain a legal opinion on the warrants and issue a statement.

We have no plans to do so at this time. All we can state is that we will explore all options.

No, the permits or leases in the Dead Sea area and the Zohar Field have expired or were surrendered several years past. Ness will be required to submit a new proposal to the Petroleum Commission of Israel and request a new permit/lease be granted. There are no plans at this time to submit a request for new oil and gas permits/leases as Ness must prove the financial ability to meet the exploration work required by the Petroleum Commission before doing so. Ness has no interest in the Zohar area as it is not in the geologic area of interest. The general geologic area of interest is still the Southern Dead Sea Basin.

Absolutely! The plan or vision is still the same. In time, Ness will pick up and march forward to explore in the Dead Sea Area. There is currently one other company we are aware of exploring in the Dead Sea area. We understand they are an Israeli company and have a shallow well or wells that have tested a small to moderate amount of natural gas. We have no real details of that company’s success in the area. We pray they are very successful in finding oil and gas in Israel. Ness is not in competition with any other company working to drill in the Dead Sea area. We pray for the success of all companies endeavoring to find commercial quantities of oil and gas in Israel. We are working toward the same goal.

We are unaware of any assets in Ness. There is no cash flow of any kind. As stated earlier, we do not yet have any of the Ness files so the information is very limited. From the documentation we do have there is approximately $2.6 to $3.0 million dollars of debt and/or unpaid expenses that must be dealt with. The liabilities consist of approximately $1.5 in principle, interest and penalty to a group of four companies that invested in Ness. The details of the transaction are set forth in a SB-2/A filing dated 09/01/06. These parties executed convertible notes with Ness and Ness defaulted on the notes. Details may be found on EDGAR Online, Inc.

Other liabilities include approximately $326,000 in unpaid Ness bills and approximately $413,000 in unpaid Rock Oil (a subsidiary of Ness) bills. There also appears to be approximately $380,000 owed by Ness of Israel, Inc. as it concerns a failed business transaction in Israel with Modi’in, LTD. Modi’in is a publically traded partnership listed on the Tel Aviv exchange that was originally owned by Ness Energy International, Inc. We do not have all of the details, but understand the transaction had to do with some non-producing wellbores located in the old Zohar Field in Israel.

There will undoubtedly be other liabilities revealed after the Ness books and files are reviewed. The new management plans to repay these debts and liabilities as resources become available.

The same way we have arrived at this point in the restoration process: prayerfully seeking divine wisdom. The general business plan involves this: to use an existing OKT Project that currently owns oil and gas leases. This particular Project lies in an area of the Mid-Continent (onshore US) that is located in a historically proven oil and gas producing region. We are working on a financial structure to fund the drilling and production purchase for the Project. The ownership of the wells and production purchased will have to remain outside of Ness until the debts and liabilities are properly taken care of. After the Project produces sufficient funds to resolve the debt issues, then the asset/company may be merged with Ness.

To carry the vision forward of finding oil and gas in the Dead Sea Basin of Israel.

Yes, we will. The faster the restoration moves, the more information will be provided to you.