| HOUSTON, March 26, 2012 (GLOBE NEWSWIRE) -- Holloman Energy Corporation (HENC.OB) announces the selection of Terra Nova Minerals Inc. as partner in the exploration of its Australian Cooper Basin holdings. In a Letter of Intent dated March 19, 2012 (the "LOI"), Holloman and Terra Nova set out terms by which, Terra Nova may earn a 55% working interest in Holloman's PEL 112 and PEL 444 Australian concessions by funding seismic acquisition and a six (6) well drilling program on the properties. "Terra N...continued HENC oil basin Energy |
Monday, March 26, 2012
Holloman Energy Selects Cooper Farm-Out Partner and Executes Letter of Intent
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