Thursday, July 9, 2009

Holloman Energy Corp. (HENC.OB) Selects Seismic Survey Advisor

Holloman Energy Corporation, an emerging international exploration and development firm that currently holds interests in seven oil and gas permits awarded by the Australian government, recently announced the selection of Perth-based ISIS Petroleum Consultants Pty., Ltd. as the company’s engineering advisor for its planned seismic campaign in South Australia’s Cooper Basin.

Holloman Energy holds interests in PEL 112 and PEL 444, which total more than 4,500 square kilometers (1.125 million acres) in the southwest and northwest sectors of the Cooper Basin. ISIS Petroleum Consultants, an independent and internationally recognized petroleum engineering firm, has been contracted to provide a full range of services, including technical and management support, for the design, tendering, acquisition, processing and statutory reporting for 3D and 2D seismic surveys on PEL 112 and PEL 444.

Mark Stevenson, chief executive officer of Holloman Energy, stated, “We believe the addition of ISIS is the next logical step. Their experience in the Cooper Basin and independent perspective adds valuable technical input.” He concluded, “We look forward to working with them to maximize the value of our cooper assets.”

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