SOURCE: Hybrid Energy Holding, Inc.

February 26, 2010 09:30 ET

Hybrid Energy's Portfolio Demonstrating 25% Appreciation, Industry Projects 50%+

RENO, NV--(Marketwire - February 26, 2010) -  Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) is pleased to report a 25% increase in its asset valuation and industry projections could see the asset valuation increase by more than 50%.

The Company recently announced the closing of its acquisition of 9 energy properties in and around McAllen, Texas. The acquired operations consistently deliver profitably with strong recurring current and historical cash-flows. This important expansion of the company's portfolio results in 35 Billion Cubic Feet of known reserves was valued at $4 per MCF. Current pricing is above $5, which represents a 25% increase in asset valuations.

As reported by NYMEX, Natural Gas futures through the next twelve months traded at pricing in excess of $6, representing a 50% increase in the valuation of the Company's assets.

The Company is continuing its aggressive acquisition strategy and will provide timely updates as to the progress of this acquisition, as well as further Natural Gas and Clean Energy acquisition initiatives.

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.

Contact Information

  • Contact:
    Investor Relations
    Tel: +1 (775) 636-7602 +1 (775) 636-7602
    Fax: +1 (775) 996-7330
    info@hybridenergyholdings.com
    Hybrid Energy Holdings