However, the 32-year-old has missed out on the final selection on both occasions, despite currently being the joint-second highest English goalscorer in the Premier League.
Davies remains without an England cap to his name, but admits ensuring Bolton avoid relegation is at the top of his agenda.
He said in The Bolton News: "It's just nice to be in his [Capello] thoughts and plans. It's something I've always felt I was going to do but it has never quite happened.
"Hopefully I'll get the chance one day but if I don't, I'll just keep doing what I'm doing."
He continued: "It's well documented that I'm near the top of the goalscoring charts, so all I have been concentrating on is scoring a few more before the end of the season.
"It's nice to be up there but for me it's about Bolton and trying to push away from where we are - within touching distance of the relegation zone.
"It's great to see my name on the Sky Sports ticker - I haven't done that for a few years - but I just want to push on now."