SOURCE: Hybrid Energy Holdings, Inc.

March 23, 2010 09:00 ET

Hybrid Energy Eyes New Acquisitions as IHS CERA Industry Report Calls Natural Gas a 'Game Changer' and Predicts Demand to Double by 2030

RENO, NV--(Marketwire - March 23, 2010) -  Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) reports that it is reviewing a number of oil and gas acquisitions in light of the IHS Cambridge Energy Research Associates (CERA) study, Fueling North America's Energy Future: The Unconventional Natural Gas Revolution and the Carbon Agenda. IHS is a leading global source of critical information and insight dedicated to providing the most complete and trusted information and expertise and IHS CERA is a leading advisor to energy companies, consumers, financial institutions, technology providers and governments.

The authoritative study, published March 2010, predicts that increased demand states that growth in power demand over the coming two decades will likely lead natural gas demand for power generation to nearly double by 2030 from its current level.

'Fueling North America's Energy Future' draws on six months of research and dialogue with many stakeholders, including U.S. and Canadian government and regulatory agencies, consumers, oil and gas companies, gas and electric utilities, environmental and other non-governmental organizations (NGOs), and financial institutions to uncover the key opportunities and challenges presented by the unconventional natural gas revolution. More than 100 stakeholder organizations participated in this study.

The Company recently announced the closing of its acquisition of 9 energy properties that consistently deliver profitably with strong recurring current and historical cash-flows. The company's portfolio contains 35 Billion Cubic Feet of reserves and produces from an estimated $30,000,000 in active reserves and an additional estimated $145,000,000 in available reserves.

The Company is currently investigating a number of potential oil and gas acquisitions and will provide progress updates regarding its aggressive and profitable acquisition strategy of Natural Gas and Clean Energy holdings.

About Hybrid Energy Holdings

Hybrid Energy Holdings (HEH) acquires and operates profitable energy companies with strong historical cash-flow and sustainable profitability. HEH may acquire promising nascent energy technology or technology rights as portfolio enhancing assets. HEH's acquisitions are focused primarily on traditional and proven fuel production and the latest in energy conservation and power co-generation technologies. HEH's fuel production acquisitions provide expertise in the recovery of oil and gas reserves in both mature and marginal fields. The company's operational teams deliver production improvements and developmental and low risk exploration as part of its acquisition strategy for its fuel producing subsidiaries. HEH's primary business strategy is the acquisition of diverse, profitable energy related assets that provide synergistic profits and revenue enhancements across all portfolio companies.

HEH believes its combination of acquisition profitability and mitigated-risk funding structures provides ongoing portfolio viability and long-term shareholder equity appreciation.
The company maintains its web site at: www.HybridEnergyHoldings.com

Safe-Harbor Statement

This release contains statements or projections regarding future performance that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's disclosures contain various RISK FACTORS (and are incorporated herein by reference) and should be read before any investment decision.

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