Drill-site Preparations Started on PEL 444

HOUSTON, TX / November 23, 2015. Holloman Energy Corporation (OTCQB: HENC) is pleased to inform that on November 13th Senex Energy Limited (ASX: SXY.AX) began the drill-site preparations for Baikal #1. This exploration well is still on target to spud early December and is planned to test the most likely geological prospect identified through the interpretation of the Wingman 3D seismic survey performed on Petroleum Exploration License (PEL) 444 and the comparable adjacent producing Charo field.

Figure 1: Road Access to PEL 444

Figure 2: Drill pad under construction, Baikal 1 Target at PEL 444

Figure 3: Drill pad under construction, Baikal 1 Target at PEL 444

Figure 4: Baikal 1 Pad Being Cleared at PEL 444

About Holloman Energy

Holloman is focused on exploring and producing oil in Australia’s Cooper Basin. Holloman’s Cooper Basin licenses include interests in PEL 112 and PEL 444 which currently comprise 3,444 km2 (approximate 850,000 gross acres, 413,000 net acres) on the prolific Western Margin of Australia’s Cooper – Eromanga Basin.

Forward-Looking Statements: This press release includes forward-looking statements as determined by the U.S. Securities and Exchange Commission (the “SEC”). All statements, other than statements of historical facts, included in this press release that address activities, events, or developments that the Company believes or anticipates will or may occur in the future are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which the Company has little or no control. The Company does not intend (and is not obligated) to publicly update any forward-looking statements. The contents of this press release should be considered in conjunction with the warnings and cautionary statements contained in the Company’s filings with the SEC.

ON BEHALF OF THE BOARD OF DIRECTORS

Holloman Energy Corporation
http://www.hollomanenergy.com

Contact:

Holloman Energy Corporation
Gina Serkasevich
(281) 260-0193

SOURCE: Holloman Energy Corporation

ReleaseID: 433916