SOURCE: Holloman Energy Corporation

Holloman Energy Corporation

July 02, 2013 08:15 ET

Seismic Acquisition Complete on PEL 444 and Drilling Rig Mobilizes for PEL 112

HOUSTON, TX--(Marketwired - Jul 2, 2013) - Holloman Energy Corporation (OTCQB: HENC) ("Holloman") reports that acquisition of seismic data on Petroleum Exploration License ("PEL") 444's Wingman 3D Seismic Survey was completed on July 1, 2013.

Hunt Energy and Mineral Pty Ltd., drilling contractor for the Wolfman #1 exploration well, has commenced mobilizing its Rig #3 to PEL 112. Holloman expects Wolfman # 1 to spud by mid-July.

About Holloman 

Holloman is focused on exploring and producing oil in Australia's Cooper Basin. Holloman's Cooper Basin licenses include interests in PEL 112 and PEL 444 which comprise 4,554 km2 (1.125 million acres) on the Western Margin of Australia's Cooper - Eromanga Basin.

Forward-Looking Statements: This press release includes forward-looking statements as determined by the U.S. Securities and Exchange Commission (the "SEC"). All statements, other than statements of historical facts, included in this press release that address activities, events, or developments that the Company believes or anticipates will or may occur in the future are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which the Company has little or no control. The Company does not intend (and is not obligated) to publicly update any forward-looking statements. The contents of this press release should be considered in conjunction with the warnings and cautionary statements contained in the Company's filings with the SEC.

Holloman Energy Corporation

Contact Information

  • Contact:
    Holloman Energy Corporation
    Robert Wesolek
    (281) 260-0193