This link has some more details:
http://findarticles.com/p/articles/mi_m0EIN/is_2006_June_26/ai_n16499427/pg_2
Just noted this part of the article:
Holloman Corporation will become the Operator. Holloman Corp. has agreed to drill and complete 3 wells in exchange for a 66.667% Working Interest in all 3 areas. Holloman Corp. will carry ACOR for 16.6665(1) in the 1st three wells. After the 3rd well, ACOR will pay its part of any future exploration performed on the 3 areas, subject to the terms of the Joint Operating Agreement. The exploration manager is working to try to secure a drilling rig and will make every attempt to drill the 1st two wells in 2006 on PEL 112, subject to rig availability.
What Holloman Corp has to do with this.
Mark Stevenson
Mark Stevenson is President and CEO of Holloman Holdings Corporation and has over 30 years
experience in management, engineering and operations in the upstream Oil and Gas Industry and holds a
B.S. in Constructional Engineering, Texas Tech University, Lubbock, Texas.
Holloman Corporation is an oil, gas, utility and engineering construction company based in Odessa,
Texas, USA. Holloman Corporation has operated in West Texas for 43 years and is an employee owned
company that employs approximately 700 people. Holloman Corporation is licensed in twenty of the fifty
states and is the leading West Texas oil and gas construction company servicing corporations such as
Chevron, BP, Kinder Morgan, MobilExxon, Anadarko and Shell. Mr Stevenson is currently a director of
PocketMail Group Limited.
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