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Gold/Mining/Energy : Ness Energy International
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From: rywr17412/16/2008 6:01:45 AM
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DOES ANYONE HAVE ANY FURTHER INFORMATION ON THIS ANNOUNCEMENT BY NESS - the website has been replaced by this message.

5 December 2008
Ness Energy International, Inc. today filed for bankruptcy under Chapter 7 of the United States Bankruptcy Code. Case number 08-45823-7.
11-24-08
Press Release:
OKT Resources, LLC, a privately owned oil and gas company located in Edmond, Oklahoma has purchased Ness of Israel, Inc. and all of its assets from Ness Energy International, Inc. One of the managing partners of OKT is David M. Boyce, who was a friend of the late Hayseed Stephens and former consultant for Ness Energy International, Inc. Mr. Boyce met Mr. Stephens in 1990 and assisted him periodically with the Dead Sea Project through 1998. Mr. Boyce spent the majority of four years in Ness’s office from 1999 through early 2003 and made several trips to Israel with Mr. Stephens. The purchase includes any stock that may remain in Modi’in, a publically traded Israeli company along with all files and data concerning the work in Israel collected by Mr. Stephens and Ness Energy through the many years of work there.
When the agreement is finalized there will be a transfer of a few more files along with the Ness Energy website. OKT will give updates and information as the plans develop in carrying forward the goal of discovering commercial quantities of oil and gas in the Dead Sea Area.
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