WOLFMAN PROGRESS on 6/17 Holloman Energy Corporat

WOLFMAN PROGRESS on 6/17

Holloman Energy Corporation (OTCQB: HENC) ("Holloman") is pleased to report that access roads leading to the Wolfman #1 drill location on Petroleum Exploration License ("PEL") 112 are complete. Extensive drill site preparation has also taken place to receive the drill rig in late June. Construction of the sump, flare pit, "turkey's nest" ( water reservoir), truck ramp and lease sub-level have been finalized and work on the Wolfman camp pad is expected to be finished on or before June 20, 2013.

The Wolfman #1 exploration well will be drilled vertically 1,720 meters (5,600 feet) and is expected to take approximately 10 days to reach Total Depth. The well, which targets the Namur Sandstone in a dip-closed structure, is scheduled to spud in early July 2013.

Holloman also reports that it completed line preparation, surveying and pegging on PEL 444's Wingman 3D Seismic Survey as of June 10, 2013. The recording phase of the Wingman Survey is expected to begin on or about June 18, 2013.