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    Holloman Energy’s assets, people and capital resources are focused to deliver competitive results to our shareholders.

    Our asset portfolio features premier and concentrated positions in world-class producing basins.

    We are not rank wildcatters; we are risk managers who, however, are willing to take above average risk when the return potential merits it. Our exceptional professional team evaluates each oil and gas opportunity on the basis of how it will fit within our overall portfolio. Through the use of geophysics, geology, engineering and state of the art technology, we feel we can achieve a clearer precise picture of potential discoveries. However, this does not remove 100% of the risk. We depend on our people to engineer the best method to tap each opportunity, provide strategic thinking and develop each discovery to its fullest potential.

    Domestic and international energy demands are increasing at a consistent rate and are currently exceeding existing supplies. A trend that is widely expected to continue into the future as countries such as China and India see their economies accelerate. The need for an aggressive and well managed exploration and development strategy such as the one we have established in Australia is necessary to ensure the availability of reliable and affordable world energy for the present and future.

    John Risinger, Field Operations Engineer, Australia
    John has had a diversified career in exploration, production, drilling, and operations spanning more than 40 years. He has held various international and domestic drilling supervisory roles and managed a wide range of large scale exploration drilling programs on a turnkey basis, often in extremely remote areas. His expertise includes strategic management, process engineering, safety and technical reviews, due diligence, feasibility studies, training and auditing.

    Mark Stevenson
    Mark E. Stevenson is the President of Holloman Corporation (Odessa, TX). He joined the company in 1976 as a Field Engineer, after receiving his B.S. in Construction Engineering from Texas Tech University in Lubbock. He then became Holloman’s Chief Estimator for a number of years, until he was promoted to Vice President of Holloman’s Pipeline Division. In 1997, Mr. Stevenson was the Executive Vice President of Holloman, and in July 1998 he became President of Holloman Corporation
    Holloman Energy Corporation (OTCBB: HENC) ("Holloman" or "the Company"), an emerging oil and gas exploration and development company, is pleased to announce the appointment of Mr. Mark Stevenson and Mr. Eric Prim to the Board of Directors.

    Mr. Stevenson and Mr. Prim are senior executives of the Holloman Corporation of Houston, Texas. Holloman Corporation is one of the largest entirely employee owned engineering, procurement and construction companies in the United States. Optimizing its known oil and gas energy reserves, providing reliable energy processing and delivery infrastructures, and developing alternative sources of energy in a safe and socially responsible manner are the primary business focuses of Holloman Corporation.

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    Anniversary Performance Review Form Holloman Corporation, utilizing its core business is the single largest shareholder of Holloman Energy utilizing its core expertise to facilitate advancement and development in all of the Company's oil and gas properties.

    Mark E. Stevenson is the President and CEO of Holloman Corporation, Houston, Texas. Mr. Stevenson obtained a BS in Construction Management from Texas Tech University and serves on the board of directors for Holloman Holdings, Inc., Pocketmail Group Limited and RMG Limited. Mr. Stevenson joined Holloman in 1976 and has spent his entire career working in various capacities within the Company. Mr. Stevenson assumed his current role in 1998 and since that time has been responsible for strategic planning, corporate policy development and directing the activity within the company's operating divisions.

    Mr. Eric Prim is presently Vice President of Holloman Corporation where he is responsible for engineering and asset based business sectors in Houston Texas. Mr. Prim received his B.S. in Chemical Engineering from the University of Texas in Austin in 1982. He later received his MBA, Magma Cum Laude in 1987. Mr. Prim previously worked at Rexene Corporation as the technical manager of olefins manufacturing, where he was responsible for overseeing a 50% growth in that business. Mr. Prim has been a major contributor to the success, growth and diversification of Holloman Corporation.

    Holloman Energy, President and CEO, Cameron King states, "We are extremely proud to have this professional relationship with Mark and Eric and the opportunity to rely on their expertise in all aspects of the petroleum industry. Their appointment to the Board of Directors will assist in the facilitation and development of all our oil and gas properties."

    About Holloman Energy Corporation

    Holloman Energy Corporation is an independent oil and gas exploration and production company. Holloman operations are focused primarily in Australia and Canada. Holloman's three major oil and gas properties in Australia are: Gippsland Basin, Cooper Basin, and Barrow Sub Basin. In Canada, Holloman has accumulated an impressive 1.2 million acres in the prolific oil and gas region of Alberta - Saskatchewan basin for development. The area is prone to both oil and gas in multiple zones.

    Holloman has spent over three years in researching and performing geophysical acquisition over the Australian concessions. Each of these basins include several major discoveries in various stages of development since the late 1960's, and have yielded billions of barrels of production. Several of the world's largest oil and gas companies are producing, developing and exploring adjacent to Holloman's oil and gas concessions.

    Holloman is partnering with industry leaders, to develop prospective reserves in the Canadian prairies proving our expertise and growth model.

    This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that Halloman expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Although Halloman believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Halloman's management on the date the statements are made. Halloman undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.




 
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