The Xcellent Files
OIL IN ISRAELBy Kaye Corbett, Copyright 1998, WorldNetDaily
IRVING, TX. -- A $30 million, six-to-eight-month project to uncover the world's largest oil field atop a salt dome at the southwest end of Israel's Dead Sea, is expected to begin in early 1999, according to respected Texas oil man, Harold "Hayseed" Stephens.
Until now, Israel's Islamic enemies have possessed nearly 75 per cent of the world's oil reserves with Israel's supply only a fraction of that. It's reported that Islamic nations such as Saudi Arabia, all sworn enemies of the tiny Jewish state, have trillions of barrels while Israel has only enough oil to supply itself for about one and a half days and depends on other countries for the remainder.
Stephens, a one-time "hell-raiser" and former pro football quarterback with the New York Titans, explained Israeli oil officials had approved his lease in early September and drilling equipment would likely arrive at the site early in the New Year.
Besides being an oilman, Stephens is an ordained minister and said the drilling of Elohim Parezim #1 (meaning "Lord of the Breakthrough") in the Dead Sea area could mean "the entire geopolitical system will be changed forever."
The lease license is called Hesed, meaning "the God that keepeth covenant for a thousand generations," and part of that license is the Ness Carveout, named after the Texan's company, Ness Energy (Ness in Hebrew means "miracle").
"God has it all orchestrated," explained Stephens, who spent Succot in Israel and visited the Dead Sea site.
Stephens had planned to visit Israel in early June; however, he claimed the Holy Spirit informed him to wait and let Israeli oil officials come to West Texas.
On Friday, June 26, in a hotel at the Dallas-Fort Worth airport, history may have been changed forever.
It was no ordinary corporate business meeting.
The Israeli delegation was led by Yossi Levy, director/president of the Israel Oil Company, Inc., from Petach Tikvah, Israel and Haim Tsuff, chairman of the board of the Israel Oil Company, who now lives in Holland.
Astonishing geological and geophysical evidence led to the signing of an historic agreement between Israel Oil Company, Inc., and Stephens' "Christian-owned" company, Ness Energy, International.
It is believed that there are vast amounts of oil in the Dead Sea region of Israel sufficient enough to free the nation from dependence on foreign energy sources and from vulnerability to economic "pressure" to give up land for peace.
After the June 26 meeting, Stephens received the lease from Israel and then returned to Israel for his 55th visit.
Stephens has relied heavily on the Scriptures and prophetic words, in addition to the supporting geological studies, during the emotional roller coaster that's associated with the oil business.
The Dead Sea, once known as the Valley of Siddim, was in ancient times, a beautiful, lush region filled with bubbly lakes of oil, according to Genesis 13:10-11 and 14:10 with Jericho being its major trading center.
Then came the dramatic destruction of Sodom and Gomorrah and the formation of the Dead Sea. (Genesis 19: 24-25, 28-29)
The Hebrew translation of Isaiah 45:3 reads: "I will shoot up to you deposits stored in valuable dungeon-type containers, so that you will know that I Am the Lord your God, who called you by name." However, Stephens had his own version: "I will shoot up (Texas terms: I will gush up to you) deposits (oil deposits) that are stored in the valuable dungeon-type containers (oil traps) so that you will know that I Am the Lord your God Who called you by name." It should be noted, Stephens said, that in Isaiah 45, God is talking to a Gentile, King Cyrus. He also explained that in Isaiah 60:5, "because the abundance of the sea shall be turned to you, the wealth of the Gentiles shall come to you."
Stephens reiterated that a portion of the profit from the massive oil find will be used in the re-building of the Third Temple in Jerusalem.
In 1993, according to Stephens, more than 100 earthquakes in seven days rocked the area from Mount Carmel down to the Red Sea, redistributing the massive oil deposit buried from the days of Lot.
When Sodom and Gomorrah were destroyed, the southwest end of the Dead Sea turned into a mountain of salt, and that salt dome stretches nine miles long, 3/4 miles wide and 18,000 feet deep. The salt has acted as a preservative for the past 4,000 years. It doesn't allow oil to flow through it.
"This is the area where Sodom was located," explained Stephens. "In Genesis 19, God ignited all of the oil and gas in that valley and then it rained back down and blew a hole 40 miles long, eight miles wide and three miles deep. Fire and brimstone fell into that hole and they eventually turned to salt. It made Sodom and Gomorrah oil boom towns."
Prominent born-again Christian oilmen have drilled in specific locations in Israel based on their interpretation of various Scripture references. Among them have been Gilman Hill, Andy Sorelle, Jr., and Canadian Lyle Harron. Hill invested $6 million at a drill site near Mount Carmel in the '70s. It came up dry. Sorelle also drilled during the 80's, on the Mediterranean, and spent millions on various leases throughout Israel. Harron spent nearly a decade at a Netanya lease, just north of Tel Aviv. Even the late Armand Hammer was dedicated to finding "black gold" offshore in the Mediterranean.
After a tragic car accident involving his family cut short his playing days with the now-defunct Titans, Stephens returned to Texas to make his fortune in the oil business, and to the fast life of Las Vegas gambling and boozing.
In January 1978, Hayseed, who had been "partying" for days, had an experience like the Apostle Paul on the Damascus Road. He told Jesus he'd go anywhere, even to the North Pole. Shortly afterwards, he was holding his first revival above the Arctic Circle, at Prudhoe Bay, an Alaskan oil camp.
A meeting in 1982 played a key role in establishing Stephens' relationship with Israel and the Jewish people. Hayseed was one of the dozen Christian businessmen invited to pray with then Israeli Prime Minister Menachem Begin just prior to his making a decision on the war and invasion of Lebanon.
Stephens felt led by the Lord to give Begin a large, white Texas cowboy hat and it was then that Begin, unknowingly, spoke prophetic words: "Maybe you will be the one to come and find oil for us in Israel."
Two hours later, the Lord spoke to Stephens, telling him the "greatest oil field in the world" lay beneath the southwest end of the Dead Sea.
To find out more about Ness Energy or its status on the stock exchange go to:
Ness Energy International, Inc. Finally Acquires Drilling Rights in Israel
WILLOW PARK, Texas, Feb. 9 /PRNewswire/ -- Kit Karson Corporation (OTC Bulletin Board: KTKC) of Willow Park, Texas, symbol "KTKC", is excited to report that Ness Energy has acquired 100% working interest in the Hesed License, which covers 55.3 square miles in the State of Israel. This concession covers the southwest end of the Dead Sea, where the company's president, Hayseed Stephens, believes major oil reserves are located beneath the tremendous salt dome, Har Sedom. The well, Elohim Perazim, has been staked and is located in the middle of the world's oldest oil seeps. Oil seeps were the first indicators for the presence of oil that have led to many major discoveries throughout the world, especially in the Middle East. The depth of the well is to be in excess of 20,000 feet deep. Updated geology, geophysical work, and seismic work indicates the main reservoir could have oil reserves of much more than 1 Billion barrels, making it a super-giant oil field. The main resource rocks are known to produce great reservoirs and have produced 20 giant, or super-giant, oil fields in similar geological regions nearby in this rift zone.
Kit Karson Corporation and Ness Energy International, Inc. have entered into an agreement where they will work in concert to raise the necessary funds to acquire the proper drilling equipment (30,000 ft deep Emsco drilling rig) and fund the drilling of this deep well at the lowest spot on earth, the Dead Sea. Ness Energy received the license on October 13, 1998 and, provided that the funding is in place, expects to begin drilling in the last quarter of 1999. Management is very excited about this acquisition, the financial potential for Israel and the Companies.
The president of KTKC is extremely thrilled about the potential of this Israel project, and is dedicating his time and energy to funding and drilling this historical undertaking. "After 41 years in the oil business, this is by far the most exciting venture that I have ever had the privilege of being a part of. This potential discovery could change history."
Kit Karson Corporation has been notified through the serving of a lawsuit that a demand is being made on the company for certain common shares. The demand group were not stockholders of record at the time Hayseed Stephens took control on December 22, 1997, and had not been of record since November 1985. Management has been advised there may be additional parties with similar demands. Management believes these demands are without any merit whatsoever!
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 provisions of the Private Securities litigation reform Act 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.
SOURCE Kit Karson Corporation