City of Industry, CA --(www.USEquityNews.com)-- 10/30/2007 - Energy industry alert provided by U.S. Equity News. SchemaLogic, the leading provider of Business Semantics Management software for Global 5000 companies, recently announced Chevron (NYSE: CVX) has chosen SchemaLogic Enterprise Suite as a critical software component for the company's Global Information Link (GIL3) initiative. This strategic initiative defines Chevron's overall information management strategy, global hardware and software architecture and operating environment for its 56,000 employees in 180 countries.

Peabody Energy Corp. (NYSE: BTU) and ConocoPhillips have settled on Kentucky for a proposed $3 billion plant that would convert coal into a cleaner-burning synthetic natural gas. Peabody Energy executive Rick Bowen said a feasibility study will focus exclusively on sites in western Kentucky. "This review will continue into next year, followed by a detailed engineering and design study," Bowen said recently. "Completing the feasibility study and preliminary engineering and design work will be necessary before selection of a final site and ultimately, a final investment decision by our project managers."

Shares of Exxon Mobil Corp. (NYSE: XOM) edged higher recently after the Supreme Court agreed to review the $2.5 billion in punitive damages Exxon was ordered to pay for the 1989 Exxon Valdez oil spill. Shares rose $1.53 to $93.74 in morning trading. Exxon is arguing that the $2.5 billion in damages is too much. A jury awarded $5 billion to thousands of Alaskan plaintiffs in 1994, and a federal appeals court halved those damages. The infamous Valdez spill poured nearly 11 million gallons of oil into the waters off Alaska.

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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