resource mining group pty ltd , page-13

A report that has been released this month on Holloman Energy.

http://www.interactiveinvestors.com/oil

Just some points from the article.

An intriguing oil and gas opportunity has emerged in the form of Holloman Energy. Its shares trade in the U.S. under the symbol HENC.

The question we always ask when looking at a particular emerging oil and gas company is "How can we validate that the company is the real deal and not just another company that will never drill a hole?"

When we asked that about Holloman Energy, the answer we received was something that we thought we would never hear used in regards to an emerging exploration company. It was something so profound that we immediately knew that Holloman Energy was something special and not just another fly by night oil and gas company.

You see, the controlling shareholder of Holloman Energy, which beneficially owns 48%, is the privately held Houston-based Holloman Corporation.

Ok, great... so who is Holloman Corp. and why does that matter?

Holloman Corp. just happens to be one of the largest employee-owned engineering, procurement and construction companies in the United States. The Houston-based Holloman Corp., with its more than 1,000 employees, generated nearly a third of a billion dollars in revenue last year..

Knowing this, you might ask yourself, "Why is a company the size of Holloman Corp. getting itself into a controlling position with an emerging exploration company like Holloman Energy?"

Well, I'm glad you asked... :)

We recently sat down with one of the executives at Holloman Corp. and asked him why the company decided to get involved with Holloman Energy.

The answer was simple and clear... they see Holloman Energy's properties in the Cooper Basin as an incredible opportunity for them to possibly generate more net income than they are currently producing at Holloman Corp.

They believe in Holloman Energy's properties to such a degree, that not only did they acquire 48% of the company, but the President & CEO of Holloman Corp. (1977-Present), Mark Stevenson, decided back in July to become President & CEO of Holloman Energy. (Click here to view the press release)

On top of that, Eric Prim, the Vice President of Holloman Corp. (1997-Present), decided to become COO of Holloman Energy. (Click here to view the press release)

Because they are already compensated for their positions at Holloman Corp., they are refusing to accept salaries for the long hours they put in at HENC. They are major shareholders in the company and expect HENC's success to be their reward, as illustrated by their recent open market buying of HENC stock.

For our team, this was a huge validation that Holloman Energy's properties are the real deal and that they potentially offer early investors a high probability of success.

One last note regarding the Holloman Corp. / Holloman Energy relationship... Holloman Corp. is also providing a portion of Holloman Energy's general and administrative expenses. So Holloman Energy is being run extremely lean!