WILLOW PARK, Texas, Jan. 21, 2004 (PRIMEZONE) -- Ness Energy International, Inc. (OTCBB:NESS) announced continued discussions and efforts with Wall Street have started generating benefits for the New Year, including long term arrangements reached during meetings just held in Texas with Wall Street insiders and others, and the closing of a quarter-million dollar transaction. Wall Street has visited Ness this past week and the company believes the efforts are seeding a foundation for Israeli drilling, in addition to Texas exploration and development, all part of the Ness vision for Israel.
Wall Street Efforts
Ness has firmly determined to acquire funding, acquisitions, needed international business consultation, and other benefits overseas and domestically, including from the world's most successful financial arena, Wall Street.
According to President Stephens, "Hayseed, my Dad, knew well enough to start the effort in Wall Street, critical to our ability to complete his vision for Israel -- both our Vision and now Mission -- but he also knew to be cautious, given the underlying spirit of the Wall Street system, inordinately focused upon money. Therefore, I have continued his steps testing and seeking persons and firms who not only agree to a long term agenda with us, but also view favorably our beliefs in our Vision of locating supernatural wealth in Israel. We continue to undertake efforts involving travel, meetings, discussions, negotiations and other tasks primarily involving Wall Street and have benefits to report for the New Year."
Meetings Lay Long Term Foundation
During November and December, Ness President and representatives conducted meetings and conference calls with different sources towards assisting the company with the science for drilling in Israel, reviewing the scriptures, focusing upon the needed funding for Texas and Israeli projects and other company matters. Meetings were held in several states to accommodate participants.
President Stephens stated, "These efforts have now come together this past week with the completion of meetings just held in Dallas and at Ness offices, most importantly involving Mr. May of the Wall Street firm of May Davis, and a senior member of his staff (others also attended). To my delight, Mr. May made it clear he wished to start the New Year by coming to see and speak in person with us, which meant, in effect, Ness, a company in Texas, being visited for the first time by Wall Street.
"The result of the discussions (including visits to our offices and observation of our oil and gas facilities) is a common understanding and mutual arrangement to work together in the time ahead towards making our Vision a reality. (Specifics concerning our access to their global relationships and opportunities will be detailed shortly.) We appreciate and favor their interest and advice, an excellent start to the New Year."
Funding Closed
The President also commented that $250,000 was advanced to Ness for operations, what President Stephens called "a christening of both the New Year and Ness plans, as our prayers are answered each month, including the first month of the New Year."
Other News
President Stephens, for the Ness family, expressed his thanks to all supporters for efforts and prayers this past year. With the benefit of the meetings discussed above, he now plans to release the 2004 New Year President's Letter. Ness is also pleased to confirm the recently announced Israeli acquisition has been completed and workers are on the ground moving equipment based upon Ness plans. Further, Ness is in discussion with a new source of support focused upon major assistance to Ness for the entire year needs, for both Israel and Texas. Ness asks for continued prayers for all Ness efforts and further news will be released as it develops.
About Ness -- The Vision
The current business of the Company is focused upon development and execution of oil and gas exploration plans with a focus both on pursuits in the petroleum rich State of Texas, and also in the Middle East, specifically Israel. Ness believes that Israel in particular the southwest end of The Dead Sea, is a place where "Science and The Bible shake hands" and that Ness will achieve the vision of the location and recovery of an abundant source of oil and gas in Israel to supply Israel and the Christian communities with supernatural wealth.
Certain Information
Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. 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 any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.