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Prophecies of Israel's Independence

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by Steve Keohane
Woburn, Mass

Is penny stock NESS Energy God's Wildcatter?

This is a story about an OTCBB penny stock (Ness Energy/Symbol: NESS) which could soon be involved in God's plan to restore Israel, by providing Israel with the world's biggest oil tap in the Dead Sea area of the biblical Sodom and Gomorrah.

Israel is God's chosen nation and he has promised them their just inheritance which as of yet they have only partially received. The Bible says of Israel: (ISAIAH 45:3) "And I will give you the treasures of darkness, and hidden riches of secret places, that thou mayest know that I, the Lord, which call thee by thy name, am the God of Israel." This verse in the original Hebrew then translated states; "I will shoot (gush up) to you (oil) deposits that are stored in valuable dungeon-type containers (oil traps), so that you will know that I am thy Lord the God who called you by name."

Since the days of Sodom and Gomorrah the area where the Dead Sea now is was called the valley of Siddim. Throughout that region there were numerous oil pockets or wells that were at ground level, which is a proven fact both historically and biblically. This commodity was brought to trading centers such as Jericho where it was bartered for other goods. In fact, prior to the time period when Sodom and Gomorrah were destroyed the Bible talks about how during conflicts many men fell into these wells or pits and literally drowned in oil. GENESIS 14:10 states; "And the vale of siddim was full of slimepits (tar or oil wells on the surface); and the kings of Sodom and Gomorrah fled, and fell there; and they that remained fled to the mountains."

For those who are unaware, there is a phenomenon within the Bible known as Equal Distant Letter Sequence (ELS) codes. This phenomenon is usually simply referred to as the "Bible Codes". A Bible Code is composed of words spelled out by skipping equal numbers of letters through the original Hebrew text. With the advent of high speed, PC's massive amounts of data can be scanned for any logical patterns in a matter of seconds. There are literally thousands of examples throughout the Old Testament alone of names of people or events which took place in the last few centuries despite the fact that all of the Old Testament Books were written by authors who lived more than 2,000 years ago. Names such as "Napoleon", "Holocaust", "Auschwitz", "Hitler", "Eichman", to name but a very few. The name Jesus (Yeshua) shows up literally hundreds of times via ELS in the Old Testament despite all of those books being written before Jesus was born. All 12 apostles of Christ are also found in the codes, as well as: "Kennedy to die and Dallas". Others found in the codes are: "Timothy McVeigh" with the hour and day of the Murrah building bombing in Oklahoma. Even Bill Clinton and Netayahu, and the Gulf War with the names "Schwarzkopf" and "George Bush" are there. Every major advance in modem technology appears to be recorded in code by pairs –for example, Wright Brothers/airplane; Edison/electricity/light bulb; Marconi/radio; Bill Gates/Windows. Ness Energy is also mentioned in these bible codes. Ness means "Miracle" in Hebrew.

The Vilna Gaon an 18th century Rabbi in Lithuania considered a child prodigy and one of the most brilliant men of Jewish history wrote, "all that was, is, and will be unto the end of time is included in the torah not merely in a general sense, but including every species and of each person individually, and the most minute details of everything that happened to him from his day of birth until his death."

Now back to Ness Energy! Hayseed Stephens, the CEO of Ness Energy, is convinced that the world's largest oil field lies buried far below the Dead Sea, the deepest spot on earth (other than oceanic trenches, etc.). The immediate goal of Ness Energy is to complete the purchase of a drilling rig 19 stories high and have it moved to Israel to drill a 30,000-foot hole on the site of the biblical towns of Sodom and Gomorrah. Stephens states, "We know that when Sodom and Gomorrah were destroyed, a great hole blew there, and for 4,000 years, that hole has been called the Dead Sea. It took billions of barrels of oil and trillions of cubic feet of gas to blow that oil strata thousands of feet into the air, and it rained back down as fire, brimstone and sulfur."

Around twenty major oil fields are currently producing in the Gulf of Suez which have the same geological environment as Ness Energy's proposed well. Should Ness Energy be successful, they will literally by tapping into (and perhaps controlling them) these oil fields from underneath them! This could make Israel the undisputed "oil master" of the Middle East--something that is nearly assured to increase tensions in the area even more! As Israel blossoms from its new found "oil wealth", the age old question from Revelation concerning the end days could then perhaps be answered. That question is "why the king of the north and its hordes ever want to descend on tiny Israel?" The answer may be—-because Israel will hold the key to the world’s oil!

Scriptures point out that a Gentile will discover the oil in Israel; not a Jew! (Isaiah 60:5 Amp.) Who more likely to discover Israel's oil than a full-time Christian Preacher (CEO Hayseed Stephens). The Israelis are fully aware of the fact that there is a large quantity of oil in their country and that a Gentile will discover it for them.

God always provides "signs"! The Bible is full of signs that lead to what you need to find as a believer! In addition to a large amount of geological data that points to oil in the southwest corner of the Dead Sea, Hayseed Stephens says that the area where he wants to drill has quit a bit of oil and asphalt seeps (oil & asphalt oozing up)..and that "there never has been an oil seep without oil being found"!

BACKGROUND:

Ness Energy reported to the SEC that they had only $414,692 in current assets. Ness Energy also had a net loss for the fiscal year ended December 31, 1999 of $1,885,442.

In September 1999 an affiliated company, Hesed, Inc. acquired the Metzada License from the State of Israel which allows them to drill. Hesed has 87.5% interest and the State has 12.5% interest. The Israeli regulatory authority set an April 1, 2000 deadline for "spudding" a well within the Hesed License area. That date has since been extended to December 31, 2000 so additional funding arrangements can be put in place to allow the Company to acquire 45% of the working interest in the Hesed License and pay for the Company's pro rata share of drilling the Elohim Perazim #1 deep test. "Spud-in" means that drilling an oil or gas well has commenced.

On October 14, 1999, Ness Energy entered into a contract to purchase a drilling rig to be used in the drilling project in Israel. The contract called for a total purchase price of $2,450,000 with payments of $500,000 to be made on each of November 18, 1999 and December 3, 1999, and the balance due January 15, 2000. Title of the rig is to pass upon completion of the contract. Payments of $240,000 and $500,000 were made in October and November, respectively, but the balance due has not been paid. In addition, two $42,000 payments were made to extend the time available to enter into the purchase contract. In addition, the Company entered into a contract on September 23, 1999, that provided for the refurbishment and mobilization of the above rig for $2,200,000. The funds were to be put into escrow upon the purchase of the rig. Escrow is to be distributed as work is completed on the refurbishment and mobilization. As of December 31, 1999, the Company had paid $405,000 toward the refurbishment.

CURRENT PLAN (October 2000):

According to a recent public release from Ness Energy, Hayseed Stephens, returned from his 70th trip to Israel September 30, 2000, after days of meetings with parties connected to Ness' Israel oil project. During his trip, Mr. Stephens met with the Israel Petroleum Commissioner, principals of the Israel Oil Company, a joint venture partner in the Israel project, and executives of Lapidoth Israel Oil Prospectors Corporation, Ltd., a drilling contractor. As a result, a contract was signed with Lapidoth to commence the re-entry and deepening of the Har Sedom #1 well by December 31, 2000. Lapidoth will furnish all equipment and labor, working on a ``day-work basis''. They will perform drilling services as directed by the Operator, Ness Energy. The re-entry and deepening of Har Sedom #1 will be in addition to Elohim Perazim #1 on this lease. It will satisfy drilling commitments while Elohim Perazim #1 funding continues to be completed. Har Sedom #1 was spud-in on this location in 1985 by Ness of Texas and three major oil companies in Israel; Paz, Sismica and I.O.C. In this prospect, at a depth of 5,000 ft., a bit broke off at the time the worldwide energy market hit a low of $8.50 barrel. PAZ, Sismica and I.O.C. chose not to continue with the project. Current prices and new technological developments make economic opportunity more advantageous.

In addition, a contract was signed with I.O.C., which extended the time to commence drilling, from September 10, 2000 to December 31, 2000, which conforms to the extended drilling commencement date provided for in the Lapidoth Drilling Contract. If production is achieved in Har Sedom #1, the lease will be held as long as the field is producing. The Petroleum Commissioner approved the request and issued a written extension of the Hesed License to Ness.

Should Ness Energy actually hit oil after all of the above mentioned problems; who won't believe in miracles? If this happens--stand by for the "most undervalued" penny stock the OTCBB has ever seen!

Remember! Everything that was written in Scripture was fulfilled and will be fulfilled!