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Ness Israeli Oil Project Update.


WILLOW PARK Willow Park may refer to:
  • Willow Grove Park, amusement park located in Willow Grove, Pennsylvania that operated for eighty years from 1896 to 1976
  • Willow Park, Texas, United States
  • Willow Park, Calgary, a neighbourhood in Calgary, Alberta, Canada
, Texas--(BUSINESS WIRE)--Aug. 3, 1999--

Ness Energy International Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:NESS) President, Hayseed Stephens, has returned from Israel where meetings were held with five major news media entities at the drilling location which is near the oil seeps.

These are international news members of major importance for the world's update. Meetings with our Israel partner continued as well as other potential partners on the Israeli Drilling Project. These meetings will probably determine their final position in the Elohim Perazim No. 1 drilling and the continuing development process.

Mr. Stephens also entered into discussions for additional acreage in the Mediterranean Sea Mediterranean Sea [Lat.,=in the midst of lands], the world's largest inland sea, c.965,000 sq mi (2,499,350 sq km), surrounded by Europe, Asia, and Africa. Geography


The Mediterranean is c.2,400 mi (3,900 km) long with a maximum width of c.
 where the 30 million cubic feet per day was recently discovered. The offshore lease play will be enhanced by the Spuding-In of I.O.C.'s (Israel Oil Company) No. 1 well on or about Aug. 10. The location is approximately 25 miles offshore in shallow water looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 the Nile Delta sands.

Next week, Mr. Stephens will have a very important meeting pertaining to the drilling rig that is capable of drilling to a depth of 30,000 feet and its equipment procurement.

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 Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of the Private Securities litigation reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  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.

For additional information call: 817/341-1477 (phone); 817/598-0440 (fax); nessenergy@compuserve.com (email address); www.nessenergy.com (Web site).
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 3, 1999
Words:286
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