14-Aug-2000 Old NESS Press Release Ness CEO and Drilling Experts Go to Israel
MONDAY, AUGUST 14, 2000 4:05 PM
- PRNewswire
WILLOW PARK, Texas, Aug 14, 2000 /PRNewswire via COMTEX/ -- Ness Energy International, Inc. (OTCBulletinBoard:NESS) announced that President and CEO, Hayseed Stephens, has departed on his 69th trip to Israel. Stephens is accompanied by newly elected Ness officers, Bob Fowler, Assistant Chairman of the Board and Dick Kincheloe, Vice President for Drilling Operations.
The three executives will meet with service companies as they continue preparations for the drilling of a 27,000-ft. deep test at the Southwest end of the Dead Sea. Additional meetings will be held with the Israel Petroleum Commissioner, Dr. Charles Druckman to discuss the status of the project and to introduce the two new team members. They also hope to have meetings with the Minister of Energy and other partners in the venture.
Ness reported that a lawsuit filed against the Company in Kansas earlier in the year had been dismissed with prejudice. Stephens stated that the signed order was received from the presiding judge on August 10th.
This news release includes forward-looking statements that involve risks and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially, due to a variety of factors including, without limitation, the Company's ability to produce and market products and/or services and other risks detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
SOURCE Ness Energy International, Inc.
CONTACT: Rick Palmer of Ness Energy International, Inc., 817-341-1477,
or email, nessenergy@compuserve.com
URL: nessenergy.com
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(C) 2000 PR Newswire. All rights reserved.
KEYWORD: Texas
Israel
INDUSTRY KEYWORD: OIL
SUBJECT CODE: LAW
OTC
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