Holloman Energy Corporation was informed that Terra Nova Energy management was returned to office by its shareholders at the recent General Meeting that was held on July 15th, 2015. The Company can now reengage with Terra Nova to formalize plans to drill the remaining commitment well and finalize the annual budget.
HOUSTON, TX--(Marketwired - Jul 2, 2015) - Holloman Energy Corp.'s (OTCQB: HENC) primary objective continues to be the pursuit of its drilling plans in Petroleum Exploration License (PEL) 444. HENC is keeping abreast of the recent shareholder events surrounding their drilling partner Terra Nova Energy Ltd. (Terra Nova). A dissident shareholder group is currently waging a proxy contest to replace current management at the [...]
Holloman Energy continues to pursue its drilling plans in Petroleum Exploration License (PEL) 444. HENC is reviewing its rights and obligations with respect to Terra Nova's May 26th, 2015 announcement regarding its status as operator. The Company has yet to decide if it wants to resume its rights in that capacity or allow that role to be assumed by a third party. Of primary importance, is HENC's determination of which [...]
Terra Nova Farm-In Terminated HOUSTON, TX--(Marketwired - May 19, 2015) - This morning Holloman Energy Corp. (OTCQB: HENC) received notice that Terra Nova had terminated its Farm-In Agreement on Petroleum Exploration Licenses (PELs) 112 and 444. Mark Stevenson, CEO, commented, "We consider the Terra Nova relationship an overall success for HENC. Although we are disappointed to see the Terra Nova partnership come to an [...]
Holloman Energy announces that a 6 month lease extension has been granted for Petroleum Exploration License 444 block because of heavy rainfall in the area limiting progress on work area clearance. Our farm-in partner has indicated that there will be no disruption in the current drilling campaign and are still working towards a 2015 second quarter start. We are pleased to announce that the necessary heritage clearances [...]
Holloman Energy announces that its farmout partner has initiated the process of acquiring the required permits and heritage clearance in support of the upcoming drilling campaign for the Petroleum Exploration License ("PEL") 444 block located on the western flank of the Cooper/Eromanga Basin in the state of South Australia, Australia.
Holloman Energy announces that its farmout partner has completed the interpretation of the reprocessed Wingman 3D seismic survey from which eight prospective geological features have been recognized that appear suitable for drilling exploratory wells. The Wingman 3D covers 84 sq km within the Petroleum Exploration License ("PEL") 444 block located on the western flank of the Cooper/Eromanga Basin in the state of South [...]
Holloman Energy announces that our farmout partner has signed a letter of intent with Hunt Energy and Mineral with regard to a drilling service agreement whereby Hunt Energy will provide drilling services for up to 6 wells in the Petroleum Exploration License PEL444 located on the western flank of the Cooper/Eromanga Basin in the State of South Australia, Australia.
HOUSTON, TX--(Marketwired - Sep 25, 2014) - Holloman Energy Corp. (OTCQB: HENC) updates its shareholders and other interested parties on the status of the drilling program for PEL 444. Our operating partner has issued a request for proposal from qualified firms to provide drilling services for up to five wells in exploration license PEL 444 located on the western flank of the Cooper/Eromanga basin in the state of South [...]
HOUSTON, TX--(Marketwired - Sep 2, 2014) - Holloman Energy Corp. (OTCQB: HENC) ("Holloman") is pleased to announce the completion of the incremental reprocessing of Petroleum Exploration License ("PEL") 444's Wingman 3D Seismic Survey (the "Wingman Survey") and has begun the interpretation process on the data. The Wingman Survey, which covers an 84 square kilometers ("km2") area of PEL 444, was acquired in the summer of [...]
HOUSTON, TX--(Marketwired - Aug 22, 2014) - Holloman Energy Corp. (OTCQB: HENC) (the "Company" or "Holloman Energy"), announces the resignation of Robert Wesolek, and appointment of Gina Serkasevich as Chief Financial Officer. "We are pleased to escalate Gina Serkasevich's position on the executive team at Holloman Energy," stated Mark Stevenson, Holloman CEO. "Her highly developed skills are well known to us, and we [...]
HOUSTON, TX--(Marketwired - Aug 13, 2014) - Holloman Energy Corp. (OTCQB: HENC) ("Holloman") is pleased to confirm that incremental reprocessing of Petroleum Exploration License ("PEL") 444's Wingman 3D Seismic Survey (the "Wingman Survey") is targeted for completion later this month. As a result, procedures required to initiate the drilling program on PEL 444 are expected to begin in the fourth quarter of 2014. "Our [...]