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ExxonMobil Shares Perspective on Chemical Industry Growth Opportunities at 16th Annual Arab-U.S. Policymakers Conference and ConocoPhillips Announces Management Change

City of Industry, CA --(www.USEquityNews.com)-- 10/29/2007 - Energy industry alert provided by U.S. Equity News. ExxonMobil Chemical Company (NYSE:XOM) sees advantaged growth opportunities for the chemical industry in the Middle East. In recent remarks made at the Arab-U.S. Policymakers Conference in Washington, D.C., ExxonMobil Chemical Company President Michael J. Dolan said that chemical industry investment can help the region generate the highest value out of its natural resources while building a thriving economy.

BP America (NYSE:BP) recently announced two plea agreements and a deferred prosecution agreement with the U.S. Department of Justice and a consent order with the Commodity Futures Trading Commission which end governmental investigation of company wrongdoing on matters related to the March 2005 explosion and fire at the Texas City refinery, the March and August 2006 oil transit line spills in Alaska and improper propane trading in April 2003 and February 2004.

ConocoPhillips (NYSE:COP) recently announced that Randy Limbacher, president, Exploration & Production Americas, has elected to leave the company to pursue other opportunities. This change will be effective October 31. The position held by Mr. Limbacher will not be replaced. The organization currently under this position will be moved directly under John Lowe, executive vice president, Exploration & Production.

Holloman Energy Corporation (OTCBB: HENC) has scheduled Hunt Oil's "Hunt 3" drill rig for an anticipated spud date of November 15th, 2007. Holloman Energy Corporation retains the oil & gas exploration permits PEL's 108, 109, & 112, located in South Australia in the prolific Cooper/Eromanga Basin. Holloman Energy Corporation (the Operator) has agreed to drill and complete three exploratory wells in the northern section of PEL 112. For the full StocksJournal CFA report, please visit, http://www.stocksjournal.com

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