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Tuesday, 06/02/2015 11:50:27 AM

Tuesday, June 02, 2015 11:50:27 AM

Post# of 25809
OUSTON, TEXAS / ACCESSWIRE / June 2, 2015 / Holloman Energy Corporation (OTCQB: HENC) 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 course of action best assures that ongoing work obligations are completed in a quick and competent manner. The Company expects to finalize its decision within the next few weeks.