**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**FORM      10-QSB**

| **x** | QUARTERLY                REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE                ACT OF                1934 |
|-------|--------------------------------------------------------------------------------------------------------------------------------------|

**SEPTEMBER      30, 2007**

| **o** | TRANSITION                REPORT PURSUANT TO 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF                1934 |
|-------|----------------------------------------------------------------------------------------------------------------|

**000-52419**

**HOLLOMAN      ENERGY CORPORATION**

| **NEVADA**                                                                                                  |   | **77-0643398**                                                  |
|-------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------|
| (State                or other jurisdiction of                incorporation                or organization) |   | (IRS                Employer Identification                No.) |

**521-3      AVENUE SW, CALGARY, ALBERTA, CANADA T2P 3T3**

**(403)      532-9954**

**No      x**

**No      x**

----

**HOLLOMAN      ENERGY CORPORATION**

**Formerly      Endeavor Energy Corporation**

**(**
**A      Development Stage Company**
**)**

**CONSOLIDATED      FINANCIAL STATEMENTS**

**SEPTEMBER      30, 2007**

**(UNAUDITED)**

----

| **HOLLOMAN                ENERGY CORPORATION**            |
|-----------------------------------------------------------|
| **(formerly                Endeavor Energy Corporation)** |
| **(A                Development Stage Company)**          |
| **CONSOLIDATED                BALANCE SHEETS**            |

|                                                                                                            |   | (Unaudited)                       |       | (Audited)                        |   |
|-----------------------------------------------------------------------------------------------------------------|--------|-----------------------------------|------------|----------------------------------|--------|
|                                                                                                            |   | September                30, 2007 |       | December                31, 2006 |   |
| ASSETS                                                                                                          |
|                                                                                                            |   |                              |       |                             |   |   |   |
| CURRENT                ASSETS                                                                                   |   |                              |       |                             |   |   |   |
| Cash                                                                                                            |   | $                                 | 37,301     |                             | $      | 198,761 |   |
| Accounts                receivable                                                                              |   |                              | 72,550     |                             |   | 233,913 |   |
| Prepaid                expenses and deposits                                                                    |   |                              | 118,504    |                             |   | 4,291 |   |
| Due                from shareholder                                                                             |   |                              | -          |                             |   | 23,593 |   |
|                                                                                                            |   |                              |       |                             |   |   |   |
|                                                                                                            |   |                              | 228,355    |                             |   | 460,558 |   |
|                                                                                                            |   |                              |       |                             |   |   |   |
| Equipment,                net (Note 3)                                                                          |   |                              | 16,304     |                             |   | 1,955 |   |
|                                                                                                            |   |                              |       |                             |   |   |   |
| Petroleum                and natural gas properties, full cost method, net of depletion (Note                4) |   |                              | 757,375    |                             |   | 486,528 |   |
|                                                                                                            |   |                              |       |                             |   |   |   |
| Deposit                on acquisition (Note 5)                                                                  |   |                              | 639,487    |                             |   | - |   |
|                                                                                                            |   |                              |       |                             |   |   |   |
| Refundable                deposit                                                                               |   |                              | 5,026      |                             |   | 51,074 |   |
|                                                                                                            |   |                              |       |                             |   |   |   |
| Total                Assets                                                                                     |   | $                                 | 1,646,547  |                             | $      | 1,000,115 |   |
|                                                                                                            |   |                              |       |                             |   |   |   |
|                                                                                                            |   |                              |       |                             |   |   |   |
| LIABILITIES                AND STOCKHOLDERS' EQUITY (DEFICIT)                                                   |
|                                                                                                            |   |                              |       |                             |   |   |   |
| CURRENT                LIABILITIES                                                                              |   |                              |       |                             |   |   |   |
| Accounts                payable and accrued liabilities                                                         |   | $                                 | 622,137    |                             | $      | 343,527 |   |
| Loans                payable (Note 6)                                                                           |   |                              | 597,376    |                             |   | 492,907 |   |
| Convertible                debentures (Note 9)                                                                  |   |                              | -          |                             |   | 1,556,925 |   |
| Due                to related parties                                                                           |   |                              | 677,701    |                             |   | - |   |
|                                                                                                            |   |                              |       |                             |   |   |   |
|                                                                                                            |   |                              | 1,897,214  |                             |   | 2,393,359 |   |
|                                                                                                            |   |                              |       |                             |   |   |   |
| Asset                retirement obligations (Note 7)                                                            |   |                              | 59,313     |                             |   | 55,175 |   |
|                                                                                                            |   |                              |       |                             |   |   |   |
| Total                Liabilities                                                                                |   |                              | 1,956,527  |                             |   | 2,448,534 |   |
|                                                                                                            |   |                              |       |                             |   |   |   |
| STOCKHOLDERS'                EQUITY (DEFICIT)                                                                   |   |                              |       |                             |   |   |   |
| Authorized                (Holloman):                                                                           |   |                              |       |                             |   |   |   |
| 10,000,000                preferred shares, par value $0.001 per share                                          |   |                              |       |                             |   |   |   |
| 150,000,000                common shares, par value $0.001 per share                                            |   |                              |       |                             |   |   |   |
| Issued                and outstanding (Holloman):                                                               |   |                              |       |                             |   |   |   |
| 9,000                and nil preferred shares                                                                   |   |                              | 9          |                             |   | - |   |
| 62,559,356                and 61,080,000 common shares                                                          |   |                              | 62,559     |                             |   | 61,080 |   |
| Authorized                (FEH):                                                                                |   |                              |       |                             |   |   |   |
| 10,000,000                preferred shares, par value $0.001                                                    |   |                              |       |                             |   |   |   |
| 150,000,000                common shares, par value $0.001                                                      |   |                              |       |                             |   |   |   |
| Issued                and outstanding (FEH):                                                                    |   |                              |       |                             |   |   |   |
| 9,000,000                and nil preferred shares                                                               |   |                              | 9,000      |                             |   | - |   |
| Additional                paid in capital                                                                       |   |                              | 1,959,406  |                             |   | (61,079 | ) |
| Other                comprehensive income (loss)                                                                |   |                              | (86,280    | )                                |   | 13,987 |   |
| Deficit                accumulated during the development stage                                                 |   |                              | (2,254,674 | )                                |   | (1,462,407 | ) |
|                                                                                                            |   |                              |       |                             |   |   |   |
| Total                Stockholders' Equity (Deficit)                                                             |   |                              | (309,980   | )                                |   | (1,448,419 | ) |
|                                                                                                            |   |                              |       |                             |   |   |   |
| Total                Liabilities and Stockholders' Equity (Deficit)                                             |   | $                                 | 1,646,547  |                             | $      | 1,000,115 |   |

----

| **HOLLOMAN                ENERGY CORPORATION**            |
|-----------------------------------------------------------|
| **(formerly                Endeavor Energy Corporation)** |
| **(A                Development Stage Company)**          |
| **CONSOLIDATED                STATEMENTS OF OPERATIONS**  |
| (Unaudited)                                               |

|                                                                                                 |   | Cumulative                results from                May 5, 2006 to                September                30, 2007 |       | Three                months ended                September                30, 2007 |   | Three                months ended                September                30, 2006 |   | Nine                months ended                September                30, 2007 |      | Nine                months ended                September                30, 2006 |   |
|------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------|------------|------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------|-----------|-----------------------------------------------------------------------------------|--------|
|                                                                                                 |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |
| REVENUE                                                                                              |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
| Oil                and natural gas sales, net of royalties                                           |   | $                                                                                                                     | 64,883     |                                                                               | $      | -                                                                                  |   | $                                                                                 | -         |                                                                              | $      | 40,765 |   | $ | - |   |
|                                                                                                 |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
| GENERAL                AND ADMINISTRATIVE EXPENSES                                                   |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
| Depletion,                depreciation, and accretion                                                |   |                                                                                                                  | 46,416     |                                                                               |   | 6,383                                                                              |   |                                                                              | -         |                                                                              |   | 19,069 |   |   | - |   |
| Interest                                                                                             |   |                                                                                                                  | 158,827    |                                                                               |   | 12,427                                                                             |   |                                                                              | -         |                                                                              |   | 96,779 |   |   | - |   |
| Consulting                                                                                           |   |                                                                                                                  | 89,140     |                                                                               |   | 41,403                                                                             |   |                                                                              | 5,507     |                                                                              |   | 89,140 |   |   | 5,507 |   |
| Management                fees                                                                       |   |                                                                                                                  | 176,583    |                                                                               |   | 51,492                                                                             |   |                                                                              | 26,455    |                                                                              |   | 106,036 |   |   | 44,092 |   |
| Office                and general                                                                    |   |                                                                                                                  | 420,366    |                                                                               |   | 53,770                                                                             |   |                                                                              | 24,390    |                                                                              |   | 174,023 |   |   | 31,869 |   |
| Production                                                                                           |   |                                                                                                                  | 103,309    |                                                                               |   | 454                                                                                |   |                                                                              | -         |                                                                              |   | 54,882 |   |   | - |   |
| Professional                fees                                                                     |   |                                                                                                                  | 193,772    |                                                                               |   | 126,075                                                                            |   |                                                                              | 7,040     |                                                                              |   | 168,440 |   |   | 9,541 |   |
| Salaries,                wages, and benefits                                                         |   |                                                                                                                  | 149,386    |                                                                               |   | 42,296                                                                             |   |                                                                              | -         |                                                                              |   | 119,655 |   |   | - |   |
|                                                                                                 |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
|                                                                                                 |   |                                                                                                                  | 1,337,799  |                                                                               |   | 334,300                                                                            |   |                                                                              | 63,392    |                                                                              |   | 828,024 |   |   | 91,009 |   |
|                                                                                                 |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
| LOSS                BEFORE THE FOLLOWING                                                             |   |                                                                                                                  | (1,272,916 | )                                                                                  |   | (334,300                                                                           | )      |                                                                              | (63,392   | )                                                                                 |   | (787,259 | ) |   | (91,009 | ) |
|                                                                                                 |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
| OTHER                ITEMS                                                                           |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
| Foreign                exchange gain/(loss)                                                          |   |                                                                                                                  | (68,378    | )                                                                                  |   | (4,426                                                                             | )      |                                                                              | (25,063   | )                                                                                 |   | (5,917 | ) |   | (25,063 | ) |
| Provision                for impairment of oil and gas properties                                    |   |                                                                                                                  | (914,289   | )                                                                                  |   | -                                                                                  |   |                                                                              | -         |                                                                              |   | - |   |   | - |   |
| Interest                income                                                                       |   |                                                                                                                  | 909        |                                                                               |   | -                                                                                  |   |                                                                              | -         |                                                                              |   | 909 |   |   | - |   |
| Loss                on derivative contract                                                           |   |                                                                                                                  | -          |                                                                               |   | (2,594                                                                             | )      |                                                                              | -         |                                                                              |   | - |   |   | - |   |
|                                                                                                 |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
|                                                                                                 |   |                                                                                                                  | (981,758   | )                                                                                  |   | (7,020                                                                             | )      |                                                                              | (25,063   | )                                                                                 |   | (5,008 | ) |   | (25,063 | ) |
|                                                                                                 |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
| NET                LOSS                                                                              |   | $                                                                                                                     | (2,254,674 | )                                                                                  | $      | (341,320                                                                           | )      | $                                                                                 | (88,455   | )                                                                                 | $      | (792,267 | ) | $ | (116,072 | ) |
|                                                                                                 |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
|                                                                                                 |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
| BASIC                AND DILUTED NET LOSS PER COMMON SHARE                                           |   |                                                                                                                  |       |                                                                               | $      | (0.007                                                                             | )      | $                                                                                 | (0.010    | )                                                                                 | $      | (0.035 | ) | $ | (0.013 | ) |
|                                                                                                 |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
| WEIGHTED                AVERAGE NUMBER OF BASIC AND DILUTED COMMON SHARES                OUTSTANDING |   |                                                                                                                  |       |                                                                               |   | 48,775,006                                                                         |   |                                                                              | 9,000,000 |                                                                              |   | 22,404,031 |   |   | 9,000,000 |   |
|                                                                                                 |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
|                                                                                                 |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
| COMPONENTS                OF OTHER COMPREHENSIVE LOSS                                                |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
| Net                loss                                                                              |   | $                                                                                                                     | (2,254,674 | )                                                                                  | $      | (341,320                                                                           | )      | $                                                                                 | (88,455   | )                                                                                 | $      | (792,267 | ) | $ | (116,072 | ) |
| Foreign                currency translation                                                          |   |                                                                                                                  | (86,280    | )                                                                                  |   | (100,267                                                                           | )      |                                                                              | -         |                                                                              |   | (100,267 | ) |   | - |   |
|                                                                                                 |   |                                                                                                                  |       |                                                                               |   |                                                                               |   |                                                                              |      |                                                                              |   |   |   |   |   |   |
| Comprehensive                loss                                                                    |   | $                                                                                                                     | (2,340,954 | )                                                                                  | $      | (441,587                                                                           | )      | $                                                                                 | (88,455   | )                                                                                 | $      | (892,534 | ) | $ | (116,072 | ) |

----

| **HOLLOMAN                  ENERGY CORPORATION**            |
|-------------------------------------------------------------|
| **(formerly                  Endeavor Energy Corporation)** |
| **(A                  Development Stage Company)**          |
| **STATEMENT                  OF STOCKHOLDERS' EQUITY**      |
| (Unaudited)                                                 |

|                                                                                                              |   |                           |       |                              |   |                       |   |   |      |                     |   |          |   | Deficit     |      |          |   |
|-------------------------------------------------------------------------------------------------------------------|--------|--------------------------------|------------|-----------------------------------|--------|----------------------------|--------|--------|-----------|--------------------------|--------|---------------|--------|-------------|-----------|---------------|--------|
|                                                                                                              |   |                           |       |                              |   |                       |   |   |      |                     |   |          |   | Accumulated |      |          |   |
|                                                                                                              |   | Common                  Shares |       | Preferred                  Shares |   | Additional                 |   |   |      | During                   |   | Total         |   |
|                                                                                                              |   | Number                         |       |                              |   | Number                     |   |   |      | Paid                  In |   | Comprehensive |   | Development |      | Stockholders' |   |
|                                                                                                              |   | of                  Shares     |       | Amount                            |   | of                  Shares |   | Amount |      | Capital                  |   | Income/(Loss) |   | Stage       |      | Equity        |   |
|                                                                                                              |   |                           |       |                              |   |                       |   |   |      |                     |   |          |   |        |      |          |   |
| Balance,                  May 5, 2006                                                                             |   |                           | 100        |                              | $      | 1                          |   |   | -         |                     | $      | -             |   | $           | -         |          | $      | - |   | $ | - |   | $ | 1 |   |
|                                                                                                              |   |                           |       |                              |   |                       |   |   |      |                     |   |          |   |        |      |          |   |   |   |   |   |   |   |   |   |
| Net                  loss for the period ended December 31, 2006                                                  |   |                           | -          |                              |   | -                          |   |   | -         |                     |   | -             |   |        | -         |          |   | 13,987 |   |   | (1,462,407 | ) |   | (1,448,420 | ) |
|                                                                                                              |   |                           |       |                              |   |                       |   |   |      |                     |   |          |   |        |      |          |   |   |   |   |   |   |   |   |   |
| Balance,                  December 31, 2006                                                                       |   |                           | 100        |                              |   | 1                          |   |   | -         |                     |   | -             |   |        | -         |          |   | 13,987 |   |   | (1,462,407 | ) |   | (1,448,419 | ) |
|                                                                                                              |   |                           |       |                              |   |                       |   |   |      |                     |   |          |   |        |      |          |   |   |   |   |   |   |   |   |   |
| Issued                  by the Company on acquisition of ECC in August 2007                                       |   |                           | -          |                              |   | -                          |   |   | 9,000     |                     |   | 9             |   |        | -         |          |   | - |   |   | - |   |   | 9 |   |
|                                                                                                              |   |                           |       |                              |   |                       |   |   |      |                     |   |          |   |        |      |          |   |   |   |   |   |   |   |   |   |
| Issued                  by FEH on acquisition of ECC August, 2007                                                 |   |                           | -          |                              |   | -                          |   |   | 9,000,000 |                     |   | 9,000         |   |        | (9,000    | )             |   | - |   |   | - |   |   | - |   |
|                                                                                                              |   |                           |       |                              |   |                       |   |   |      |                     |   |          |   |        |      |          |   |   |   |   |   |   |   |   |   |
| Adjustment                  to give effect to acquisition of ECC in August 2007                                   |   |                           | 61,466,201 |                              |   | 61,466                     |   |   | -         |                     |   | -             |   |        | 505,935   |          |   | - |   |   | - |   |   | 567,401 |   |
|                                                                                                              |   |                           |       |                              |   |                       |   |   |      |                     |   |          |   |        |      |          |   |   |   |   |   |   |   |   |   |
| Shares                  of ECC acquired by legal parent                                                           |   |                           | (100       | )                                 |   | (1                         | )      |   | -         |                     |   | -             |   |        | -         |          |   | - |   |   | - |   |   | (1 | ) |
|                                                                                                              |   |                           |       |                              |   |                       |   |   |      |                     |   |          |   |        |      |          |   |   |   |   |   |   |   |   |   |
| Net                  liabilities assumed in reorganization                                                        |   |                           | -          |                              |   | -                          |   |   | -         |                     |   | -             |   |        | (176,169  | )             |   | - |   |   | - |   |   | (176,169 | ) |
|                                                                                                              |   |                           |       |                              |   |                       |   |   |      |                     |   |          |   |        |      |          |   |   |   |   |   |   |   |   |   |
| Shares                  issued at $1.50 per share in August 2007 on conversion of ECC                  debentures |   |                           | 1,093,155  |                              |   | 1,093                      |   |   | -         |                     |   | -             |   |        | 1,638,640 |          |   | - |   |   | - |   |   | 1,639,733 |   |
|                                                                                                              |   |                           |       |                              |   |                       |   |   |      |                     |   |          |   |        |      |          |   |   |   |   |   |   |   |   |   |
| Net                  loss for the period ended September 30, 2007                                                 |   |                           | -          |                              |   | -                          |   |   | -         |                     |   | -             |   |        | -         |          |   | (100,267 | ) |   | (792,267 | ) |   | (892,534 | ) |
|                                                                                                              |   |                           |       |                              |   |                       |   |   |      |                     |   |          |   |        |      |          |   |   |   |   |   |   |   |   |   |
| Balance,                  September 30, 2007                                                                      |   |                           | 62,559,356 |                              | $      | 62,559                     |   |   | 9,009,000 |                     | $      | 9,009         |   | $           | 1,959,406 |          | $      | (86,280 | ) | $ | (2,254,674 | ) | $ | (309,980 | ) |

----

| **HOLLOMAN                  ENERGY CORPORATION**                                      |
|---------------------------------------------------------------------------------------|
| **(formerly                  Endeavor Energy Corporation)**                           |
| **(A                  Development Stage Company)**                                    |
| **CONSOLIDATED                  STATEMENTS OF CASH FLOWS                  STATEMENT** |

|                                                                                                                |   | Cumulative                  results from                  May 5, 2006 to                  September                  30, 2007 |       | Nine                  months ended                  September                  30, 2007 |   | Nine                  months ended                  September                  30, 2006 |   |
|---------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------|------------|-----------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------|--------|
|                                                                                                                |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |
| OPERATING                  ACTIVITIES                                                                               |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
| Net                  loss                                                                                      |   | $                                                                                                                             | (2,254,674 | )                                                                                       | $      | (792,267                                                                                | )      | $ | (116,072 | ) |
| Adjustments                  to reconcile net loss to net cash used in operating                  activities:  |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
|  Depletion,                  depreciation, and accretion                                                       |   |                                                                                                                          | 46,416     |                                                                                    |   | 19,069                                                                                  |   |   | - |   |
|  Foreign                  exchange loss                                                                        |   |                                                                                                                          | 41,385     |                                                                                    |   | 27,398                                                                                  |   |   | - |   |
|  Interest                  accrued                                                                             |   |                                                                                                                          | 155,319    |                                                                                    |   | 96,421                                                                                  |   |   | - |   |
|  Provision                  for impairment of oil and gas properties                                           |   |                                                                                                                          | 914,289    |                                                                                    |   | -                                                                                       |   |   | - |   |
|  Loss                  on derivative contract                                                                  |   |                                                                                                                          | -          |                                                                                    |   | -                                                                                       |   |   | - |   |
| Changes                  in non-cash working capital items                                                     |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
|  Accounts                  receivable                                                                          |   |                                                                                                                          | (72,518    | )                                                                                       |   | 161,395                                                                                 |   |   | (31,378 | ) |
|  Prepaid                  expenses and deposits                                                                |   |                                                                                                                          | (72,456    | )                                                                                       |   | (68,165                                                                                 | )      |   | (4,033 | ) |
|  Accounts                  payable and accrued liabilities                                                     |   |                                                                                                                          | 500,131    |                                                                                    |   | 209,651                                                                                 |   |   | 4,393 |   |
|                                                                                                                |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
| Cash                  used by operating activities                                                             |   |                                                                                                                          | (742,108   | )                                                                                       |   | (346,498                                                                                | )      |   | (147,090 | ) |
|                                                                                                                |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
| FINANCING                  ACTIVITIES                                                                               |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
| Common                  stock issued for cash                                                                  |   |                                                                                                                          | 1          |                                                                                    |   | -                                                                                       |   |   | 1 |   |
| Convertible                  debentures issued                                                                 |   |                                                                                                                          | 1,500,000  |                                                                                    |   | -                                                                                       |   |   | 1,500,000 |   |
| Loans                  payable                                                                                 |   |                                                                                                                          | 590,022    |                                                                                    |   | 97,115                                                                                  |   |   | - |   |
| Due                  to related parties                                                                        |   |                                                                                                                          | 451,988    |                                                                                    |   | 475,581                                                                                 |   |   | 49,493 |   |
|                                                                                                                |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
| Cash                  provided by financing activities                                                         |   |                                                                                                                          | 2,542,011  |                                                                                    |   | 572,696                                                                                 |   |   | 1,549,494 |   |
|                                                                                                                |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
| INVESTING                  ACTIVITIES                                                                               |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
| Equipment                  acquired                                                                            |   |                                                                                                                          | (23,579    | )                                                                                       |   | (21,057                                                                                 | )      |   | - |   |
| Petroleum                  and natural gas expenditures                                                        |   |                                                                                                                          | (1,651,452 | )                                                                                       |   | (279,030                                                                                | )      |   | (1,191,407 | ) |
| Cash                  acquired on acquisition                                                                  |   |                                                                                                                          | 12,696     |                                                                                    |   | 12,696                                                                                  |   |   | - |   |
| Refundable                  deposit                                                                            |   |                                                                                                                          | -          |                                                                                    |   | -                                                                                       |   |   | (4,483 | ) |
|                                                                                                                |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
| Cash                  used by investing activities                                                             |   |                                                                                                                          | (1,662,335 | )                                                                                       |   | (287,391                                                                                | )      |   | (1,195,890 | ) |
|                                                                                                                |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
| EFFECT                  OF TRANSLATION ADJUSTMENTS                                                                  |   |                                                                                                                          | (100,267   | )                                                                                       |   | (100,267                                                                                | )      |   | - |   |
|                                                                                                                |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
| INCREASE                  (DECREASE) IN CASH                                                                        |   |                                                                                                                          | 37,301     |                                                                                    |   | (161,460                                                                                | )      |   | 206,514 |   |
|                                                                                                                |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
| CASH,                  BEGINNING                                                                                    |   |                                                                                                                          | -          |                                                                                    |   | 198,761                                                                                 |   |   | - |   |
|                                                                                                                |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
| CASH,                  ENDING                                                                                       |   | $                                                                                                                             | 37,301     |                                                                                    | $      | 37,301                                                                                  |   | $ | 206,514 |   |
|                                                                                                                |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
| SUPPLEMENTAL                  DISCLOSURE:                                                                           |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |
| Interest                  paid                                                                                 |   | $                                                                                                                             | 315        |                                                                                    | $      | 233                                                                                     |   | $ | - |   |
| Income                  taxes paid                                                                             |   | $                                                                                                                             | -          |                                                                                    | $      | -                                                                                       |   | $ | - |   |
|                                                                                                                |   |                                                                                                                          |       |                                                                                    |   |                                                                                    |   |   |   |   |

| OTHER                  NON-CASH TRANSACTIONS: Refer to Notes 8 and 9 |   |   |   |   |   |   |   |   |   |   |
|----------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|

----

**HOLLOMAN      ENERGY CORPORATION**

**Formerly      Endeavor Energy Corporation**

**(A      Development Stage Company)**

**NOTES      TO CONSOLIDATED FINANCIAL STATEMENTS**

**SEPTEMBER      30, 2007**

**(Unaudited)**

| 1. | NATURE                OF OPERATIONS |
|----|-------------------------------------|

| 2. | SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES |
|----|-----------------------------------------------------------|

----

| 2. | SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES                (continued) |
|----|--------------------------------------------------------------------------------------|

----

| 2. | SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES                (continued) |
|----|--------------------------------------------------------------------------------------|

----

| 2. | SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES                (continued) |
|----|--------------------------------------------------------------------------------------|

| Computer                  equipment      | 45% |
|------------------------------------------|-----|
| Furniture                  and equipment | 20% |

----

| 2. | SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES                (continued) |
|----|--------------------------------------------------------------------------------------|

----

| 2. | SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES                (continued) |
|----|--------------------------------------------------------------------------------------|

----

| 2. | SUMMARY                OF SIGNIFICANT ACCOUNTING POLICIES                (continued) |
|----|--------------------------------------------------------------------------------------|

SFAS      159      permits entities to choose to measure many financial instruments, and certain      other items, at fair value. SFAS      159      applies to reporting periods beginning after November 15, 2007. The adoption      of      SFAS 159 is not expected to have a material impact on the Company’s financial      position, results of operations, or cash flows.

----

| 3. | EQUIPMENT |
|----|-----------|

|                                     |   | ***September                  30, 2007*** |   |
|------------------------------------------|--------|-------------------------------------------|--------|
|                                     |   |                                      |   | ***Accumulated*** |   | ***Net                  Book*** |   |
|                                     |   | ***Cost***                                |   | ***Depreciation*** |   | ***Value*** |   |
|                                     |   |                                      |   |   |   |   |   |
| Computer                  equipment      |   | $                                         | 17,934 |   | $ | 6,428 |   | $ | 11,506 |   |
| Furniture                  and equipment |   |                                      | 5,645  |   |   | 847 |   |   | 4,798 |   |
|                                     |   | $                                         | 23,579 |   | $ | 7,275 |   | $ | 16,304 |   |

|                                |   | ***December                  31, 2006*** |   |
|-------------------------------------|--------|------------------------------------------|--------|
|                                |   |                                     |   | ***Accumulated*** |   | ***Net                  Book*** |   |
|                                |   | ***Cost***                               |   | ***Depreciation*** |   | ***Value*** |   |
|                                |   |                                     |   |   |   |   |   |
| Computer                  equipment |   | $                                        | 2,522  |   | $ | 567 |   | $ | 1,955 |   |

| 4. | PETROLEUM                AND NATURAL GAS PROPERTIES |
|----|-----------------------------------------------------|

| Balance,                May 5, 2006                 |   | $      | -         |   |
|-----------------------------------------------------|--------|--------|-----------|--------|
| Acquisition                costs                    |   |   | 1,343,942 |   |
| Exploration                costs                    |   |   | 28,480    |   |
| Asset                retirement obligation          |   |   | 52,607    |   |
| Impairment                of oil and gas properties |   |   | (914,289  | )      |
| Depletion                                           |   |   | (26,780   | )      |
|                                                |   |   |      |   |
| Balance,                December 31, 2006           |   |   | 486,528   |   |
| Exploration                costs                    |   |   | 279,030   |   |
| Depletion                                           |   |   | (8,183    | )      |
|                                                |   |   |      |   |
| Balance,                September 30, 2007          |   | $      | 757,375   |   |

----

| 5. | DEPOSIT                ON ACQUISITION |
|----|---------------------------------------|

| 6. | LOANS                PAYABLE  |
|----|------------------------------------|

|                                                                                                                                                                       |   | ***September                30, 2007*** |    | ***December                31, 2006*** |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------|---------|----------------------------------------|--------|
| Loan                for $450,000 is from an unrelated party, is non-secured, bears interest                at                10% per annum and is due on December 15, 2007 |   | $                                       | 450,000 |                                   | $      | 450,000 |   |
| Loan                for $50,261 (CDN$50,000) is from an unrelated party, is non-secured,                non-interest bearing and is due on demand.                         |   |                                    | 50,261  |                                   |   | 42,907 |   |
| Loan                for $75,000 is from an unrelated party, is non-secured, non-interest                bearing and is due on demand.                                      |   |                                    | 75,000  |                                   |   | - |   |
| Loan                for $22,115 (CDN$22,000) is from an unrelated party, is non-secured,                non-interest bearing and is due on demand.                         |   |                                    | 22,115  |                                   |   | - |   |
|                                                                                                                                                                       |   | $                                       | 597,376 |                                   | $      | 492,907 |   |

| 7. | ASSET                RETIREMENT OBLIGATIONS |
|----|---------------------------------------------|

----

| 7. | ASSET                RETIREMENT OBLIGATIONS                (continued) |
|----|------------------------------------------------------------------------|

| Balance,                May 5, 2006                       |   | $      | -      |   |
|-----------------------------------------------------------|--------|--------|--------|--------|
| Liability                incurred                         |   |   | 52,607 |   |
| Accretion                expense on discounted obligation |   |   | 2,568  |   |
|                                                      |   |   |   |   |
| Balance,                December 31, 2006                 |   |   | 55,175 |   |
| Accretion                expense on discounted obligation |   |   | 4,138  |   |
|                                                      |   |   |   |   |
| Balance,                September 30, 2007                |   | $      | 59,313 |   |

| 8. | PREFERRED                SHARES |
|----|---------------------------------|

| 9. | COMMON                SHARES |
|----|------------------------------|

----

| 9. | COMMON                SHARES (continued) |
|----|------------------------------------------|

| 10. | OPTIONS |
|-----|---------|

| 11. | WARRANTS |
|-----|----------|

----

| 11. | WARRANTS                (continued) |
|-----|-------------------------------------|

| 12. | RELATED                PARTY TRANSACTIONS |
|-----|-------------------------------------------|

| 13. | SUBSEQUENT                EVENTS |
|-----|----------------------------------|

----

**FORWARD      LOOKING STATEMENTS**

**MANAGEMENT'S      DISCUSSION AND ANALYSIS **
**OR      PLAN OF OPERATIONS**

----

**Plan      of Operation**

----

----

**Liquidity      and Capital Resources**

|                           |   |   |    | Amounts                  due during twelve months ending                  September 30, |   |
|--------------------------------|--------|--------|---------|-----------------------------------------------------------------------------------------|--------|
| Description                    |   | Total  |    | 2008                                                                                    |   | 2009 |   | 2010 |   |
|                           |   |   |    |                                                                                    |   |   |   |   |   |
| Loan                  Payments |   | $      | 597,376 |                                                                                    | $      | 597,376 |   |   | -- |   |   | -- |   |

**Critical      Accounting Policies and Estimates**

**Basis      of Presentation**

----

**Use      of Estimates and Assumptions**

**Cash      and Cash Equivalents**

**Net      Loss per Share**

| **ITEM              3.** | **CONTROLS                AND PROCEDURES** |
|--------------------------|--------------------------------------------|

----

**PART      II -OTHER INFORMATION**

| **ITEM              2.** | **UNREGISTERED                SALES OF EQUITY SECURITIES** |
|--------------------------|------------------------------------------------------------|

| **ITEM              6.** | **EXHIBITS** |
|--------------------------|--------------|

| **Number** | **Description**** **                                                                                                                                                                                                                          |
|------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|       |                                                                                                                                                                                                                                               |
| 31         | Certification                  of Chief Executive Officer and Chief Accounting Officer pursuant                  to 18                  U.S.C. Section 1350, as adopted pursuant to Section 302 of the                  Sarbanes-Oxley Act of 2002 |
|       |                                                                                                                                                                                                                                               |
| 32         | Certification                  of Chief Executive Officer and Chief Accounting Officer pursuant                  to 18                  U.S.C. Section 1350, as adopted pursuant to Section 906 of the                  Sarbanes-Oxley Act of 2002 |

----

**SIGNATURES**

|         |                                                                                                                                       |                               |
|--------------|--------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------|
|         | **HOLLOMAN              ENERGY CORPORATION**                                                                                               |
|         |                                                                                                                                       |
|         | Date: December 4, 2007                                                                                                                     |
|    |                                                                                                                                  |                          |
|         | By:                                                                                                                              | /s/ Cameron              King |
|         | Cameron                KingChief                Executive Officer, Principal Financial Officer                and Chief Accounting Officer |
|         |                                                                                                                                       |

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