HOUSTON, TX–(Marketwired – Jul 23, 2015) – Holloman Energy Corporation (OTCQB: HENC) announces to shareholders that the Company is prepared to honor its share of drilling costs and protect 100% of its 53.3336% working interest held in Petroleum Exploration License (PEL) 444 and its 48.5003% working interest held in PEL 112 subject to proper, timely presentation of AFE’s, which will provide details concerning drilling and completion costs.
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