Thursday November 8, 9:01 am Eastern Time - Ness Energy International Acquires Interest in Israeli Gas Field
Note: there is a subsequent correction for this article.
Press Release
SOURCE: Ness Energy International Inc.
Ness Energy International Acquires Interest in Israeli Gas Field
WILLOW PARK, Texas, Nov. 8 /PRNewswire/ -- Ness Energy International Inc. (OTC Bulletin Board: NESS - news) announced today that it is in final negotations for a 10% interest in an already discovered gas field located off shore in Israel. The field is designed to complement the company's existing exploration and development activities.
The field is currently being developed by a leading Israeli energy company. The company did not release further details of the transaction due to confidentiality restrictions. It is anticipated that the field will generate near-term revenues from past and future exploration and development activities.
``We are quite excited about this attractive prospect,'' said Hayseed Stephens, Ness Energy's CEO. ``Our work on the Masada Lease and the relationships we have developed with senior members of the Israeli Cabinet are now beginning to pay off. The reputation we have developed in Israel now enables us to pursue promising opportunities like this one. We anticipate that we will shortly announce significant additional agreements with prominent Israeli energy companies as we pursue our mission to develop an independent source of wealth for the Christian community and Israel.''
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
For additional information or questions, call Rick Palmer at 817-341-1477.
SOURCE: Ness Energy International Inc.
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