----

----

| þ  QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|----------------------------------------------------------------------------------------------------------------|

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

| HOLLOMAN      ENERGY CORPORATION                         |
|----------------------------------------------------------|
| (Exact      Name of Issuer as Specified in Its  Charter) |

| Nevada                                 |   | 77-0643398               |
|----------------------------------------|--------|--------------------------|
| (State      or other jurisdiction      |   | (I.R.S.      Employer    |
| of      incorporation or organization) |   | Identification      No.) |

| Large      accelerated filer                                                    | o | Accelerated      filer    | o      |
|------------------------------------------------------------------------------------------------|---|------------------------------------------|--------|
| Non-accelerated      filer   (Do      not check if a smaller reporting company) | o | Smaller      reporting company           | þ |

| Class of      Stock |   | No. Shares      Outstanding |   | Date                 |
|--------------------------|--------|----------------------------------|--------|----------------------|
| Common                   |   | 104,545,000                      |   | August      10, 2009 |

----

----

----

|                                                         |                           | June      30,2009 |       |                           | December      31,2008 |   |
|--------------------------------------------------------------|--------------------------------|-------------------|------------|--------------------------------|-----------------------|--------|
|                                                         |                           | (Unaudited)       |       |                           |                  |   |
| ASSETS                                                       |                           |              |       |                           |                  |   |
| CURRENT      ASSETS                                          |       |              |       |       |                  |   |
| Cash                                                         |                           | $                 | 569,530    |                           |                  | $      | 1,763,998 |   |
| Other      receivable                                        |                           |              | 3,169      |                           |                  |   | 2,838 |   |
| Prepaid      expenses and deposits                           |                           |              | 14,258     |                           |                  |   | 5,375 |   |
|                                                         |                           |              |       |                           |                  |   |   |   |
|                                                         |                           |              | 586,957    |                           |                  |   | 1,772,211 |   |
|                                                         |                           |              |       |                           |                  |   |   |   |
| Oil      and gas properties, full cost method, unproven      |                           |              | 18,951,607 |                           |                  |   | 23,081,129 |   |
|                                                         |                           |              |       |                           |                  |   |   |   |
| Deposit      on acquisition                                  |                           |              | 639,487    |                           |                  |   | 639,487 |   |
|                                                         |                           |              |       |                           |                  |   |   |   |
| Total      Assets                                            |                           | $                 | 20,178,051 |                           |                  | $      | 25,492,827 |   |
|                                                         |                           |              |       |                           |                  |   |   |   |
| LIABILITIES      AND STOCKHOLDERS' EQUITY                    |                           |              |       |                           |                  |   |   |   |
|                                                         |                           |              |       |                           |                  |   |   |   |
| CURRENT      LIABILITIES                                     |                           |              |       |                           |                  |   |   |   |
| Accounts      payable and accrued liabilities                |                           | $                 | 118,271    |                           |                  | $      | 175,351 |   |
| Loans      payable                                           |                           |              | —    |                           |                  |   | 259,343 |   |
| Due      to related parties                                  |                           |              | 53,554     |                           |                  |   | 1,572,803 |   |
|                                                         |                           |              |       |                           |                  |   |   |   |
|                                                         |                           |              | 171,825    |                           |                  |   | 2,007,497 |   |
|                                                         |                           |              |       |                           |                  |   |   |   |
| Deferred      tax liability                                  |                           |              | 3,839,866  |                           |                  |   | 5,086,156 |   |
|                                                         |                           |              |       |                           |                  |   |   |   |
| Total      Liabilities                                       |                           |              | 4,011,691  |                           |                  |   | 7,093,653 |   |
|                                                         |                           |              |       |                           |                  |   |   |   |
| STOCKHOLDERS'      EQUITY                                    |                           |              |       |                           |                  |   |   |   |
| Authorized:                                                  |                           |              |       |                           |                  |   |   |   |
| 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 :                                |                           |              |       |                           |                  |   |   |   |
| 104,545,000      (95,159,065 at December 31, 2008)           |                           |              | 104,545    |                           |                  |   | 95,159 |   |
| Additional      paid in capital                              |                           |              | 21,393,508 |                           |                  |   | 20,464,301 |   |
| Accumulated      other comprehensive income                  |                           |              | (930       | )                              |                  |   | 1,614 |   |
| Deficit      accumulated during the exploration stage        |                           |              | (5,330,763 | )                              |                  |   | (2,161,900 | ) |
|                                                         |                           |              |       |                           |                  |   |   |   |
| Total      Stockholders' Equity                              |                           |              | 16,166,360 |                           |                  |   | 18,399,174 |   |
|                                                         |                           |              |       |                           |                  |   |   |   |
| Total      Liabilities and Stockholders' Equity              |                           | $                 | 20,178,051 |                           |                  | $      | 25,492,827 |   |

----

|                                                                                                      |                           | Cumulative      results                   |        |                           |                             |   |                           |                           |   |                           |       |         |   |   |       |
|-----------------------------------------------------------------------------------------------------------|--------------------------------|-------------------------------------------|-------------|--------------------------------|----------------------------------|--------|--------------------------------|--------------------------------|--------|--------------------------------|------------|--------------|--------|--------|------------|
|                                                                                                      |                           | from      May 5,2006      toJune      30, |        |                           | Three      Months Ended June 30, |   |                           | Six      Months Ended June 30, |   |
|                                                                                                      |                           | 2009                                      |        |                           | 2009                             |   |                           | 2008                           |   |                           | 2009       |         |   | 2008   |       |
|                                                                                                      |                           |                                      |        |                           |                             |   |                           |                           |   |                           |       |         |   |   |       |
| CONTINUING      OPERATIONS                                                                                |       |                                      |        |       |                             |   |       |                           |   |       |       |         |   |   |       |
| Consulting                                                                                                |                           | $                                         | 588,654     |                           |                             | $      | 62,853                         |                           |   | $                              | 53,825     |         |   | $      | 152,877    |   |       | $ | 132,350 |   |
| Foreign      exchange (gain)/loss                                                                         |                           |                                      | (1,080,815  | )                              |                             |   | 1,426                          |                           |   |                           | (111       | )            |   |   | 2,933      |   |   |   | (228 | ) |
| Gain      on settlement of debt                                                                           |                           |                                      | (38,063     | )                              |                             |   | —                        |                           |   |                           | (44,283    | )            |   |   | —    |   |   |   | (44,283 | ) |
| Management      fees                                                                                      |                           |                                      | 425,000     |                           |                             |   | —                        |                           |   |                           | 25,000     |         |   |   | 50,000     |   |   |   | 25,000 |   |
| Office,      travel and general                                                                           |                           |                                      | 421, 762    |                           |                             |   | 19,557                         |                           |   |                           | 43,721     |         |   |   | 32,994     |   |   |   | 82,507 |   |
| Professional      fees                                                                                    |                           |                                      | 348,780     |                           |                             |   | 16,466                         |                           |   |                           | 38,256     |         |   |   | 22,049     |   |   |   | 91,956 |   |
| Salaries,      wages, and benefits                                                                        |                           |                                      | 86,666      |                           |                             |   | —                        |                           |   |                           | —    |         |   |   | —    |   |   |   | — |   |
|            General and Administrative Expense           |                           |                                      | ( 751,984   | )                              |                             |   | (100,302                       | )                              |   |                           | (116,408   | )            |   |   | (260,853   | ) |   |   | (287,302 | ) |
|                                                                                                      |                           |                                      |        |                           |                             |   |                           |                           |   |                           |       |         |   |   |       |   |   |   |   |   |
|        Loss from write down of oil and gas      properties                  |                           |                                      | ( 2,908,010 | )                              |                             |   | (2,908,010                     | )                              |   |                           | —    |    |   |   | (2,908,010 | ) |   |   | — |   |
|            Loss From Continuing Operations              |                           |                                      | (3,659,994  | )                              |                             |   | (3,008,312                     | )                              |   |                           | (116,408   | )            |   |   | (3,168,863 | ) |   |   | (287,302 | ) |
|                                                                                                      |                           |                                      |        |                           |                             |   |                           |                           |   |                           |       |         |   |   |       |   |   |   |   |   |
|   DISCONTINUED OPERATIONS                                                                            |                           |                                      |        |                           |                             |   |                           |                           |   |                           |       |         |   |   |       |   |   |   |   |   |
|       Net      loss from discontinued operations                            |                           |                                      | (2,454,637  | )                              |                             |   | —                        |                           |   |                           | —    |         |   |   | —    |   |   |   | (55,903 | ) |
|       Gain      on disposal of Endeavor                                     |                           |                                      | 783,868     |                           |                             |   | —                        |                           |   |                           | —    |         |   |   | —    |   |   |   | 783,868 |   |
|           Gain      (Loss) from Discontinued Operations |                           |                                      | (1,670,769  | )                              |                             |   | —                        |                           |   |                           | —    |         |   |   | —    |   |   |   | 727,965 |   |
|                                                                                                      |                           |                                      |        |                           |                             |   |                           |                           |   |                           |       |         |   |   |       |   |   |   |   |   |
| NET      INCOME (LOSS)                                                                                    |                           | $                                         | (5,330, 763 | )                              |                             | $      | (3,008,312                     | )                              |   | $                              | (116,408   | )            |   | $      | (3,168,863 | ) |   | $ | 440,663 |   |
|                                                                                                      |                           |                                      |        |                           |                             |   |                           |                           |   |                           |       |         |   |   |       |   |   |   |   |   |
| BASIC      AND DILUTED NET LOSS FROM CONTINUING      OPERATIONS PER COMMON SHARE                          |                           |                                      |        |                           |                             | $      | (0. 03                         | )                              |   | $                              | (0.00      | )            |   | $      | (0. 03     | ) |   | $ | (0.00 | ) |
|                                                                                                      |                           |                                      |        |                           |                             |   |                           |                           |   |                           |       |         |   |   |       |   |   |   |   |   |
| BASIC      AND DILUTED NET INCOME ( LOSS ) FROM DISCONTINUED OPERATIONS PER COMMON    SHARE               |                           |                                      |        |                           |                             | $      | (0.00                          | )                              |   | $                              | (0.00      | )            |   | $      | (0.00      | ) |   | $ | 0. 01 |   |
|                                                                                                      |                           |                                      |        |                           |                             |   |                           |                           |   |                           |       |         |   |   |       |   |   |   |   |   |
| BASIC      AND DILUTED NET INCOME   (LOSS) PER      COMMON SHARE                                |                           |                                      |        |                           |                             | $      | (0.03                          | )                              |   | $                              | (0.00      | )            |   | $      | (0.03      | ) |   | $ | 0.01 |   |
|                                                                                                      |                           |                                      |        |                           |                             |   |                           |                           |   |                           |       |         |   |   |       |   |   |   |   |   |
| WEIGHTED      AVERAGE NUMBER OF BASIC AND DILUTED COMMON SHARES    OUTSTANDING                            |                           |                                      |        |                           |                             |   | 98,047,045                     |                           |   |                           | 82,288,159 |         |   |   | 96,611,033 |   |   |   | 81,753,758 |   |

----

|                                                                                           |                           | Cumulative      resultsFrom      May 52006      toJune 30,2009 |                                                                                                                           |   |                           |   |                                                                                                                     |   |                           |
|------------------------------------------------------------------------------------------------|--------------------------------|--------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------|
|                                                                                           |                           |                                                                     |                                                                                                                           |
| Six      Months Ended                                                                          |
| June 30,2009                                                                              |                           |                                                                     | June 30,2008                                                                                                              |
| OPERATING      ACTIVITIES                                                                      |                           |                                                                     |                                                                                                                           |   |                           |   |                                                                                                                     |   |                           |
| Net      (loss) income from continuing operations                                              |       | $                                                                        | ( 5,330,763                                                                                                                    | )      |       | $      | (3,168,863                                                                                                               | )      |       | $ | 440,663 |   |
| Adjustments      to reconcile net (loss) income to net cash used in operating      activities: |                           |                                                                     |                       |   |                           |   |                      |   |                           |   |                      |   |
| Cash      used by discontinued operations                                                      |                           |                                                                     | 1,729,701                                                                                                                      |   |                           |   | —                                                                                                                  |   |                           |   | 29,135 |   |
| Gain      on disposal of Endeavor                                                              |                           |                                                                     | (783,868                                                                                                                       | )      |                           |   | —                                                                                                                  |   |                           |   | (783,868 | ) |
| Gain      from Settlement of indebtedness                                                      |                           |                                                                     | (63,063                                                                                                                        | )      |                           |   | —                                                                                                                  |   |                           |   | (44,283 | ) |
| Management      fees paid in common stock                                                      |                           |                                                                     | 200,000                                                                                                                        |   |                           |   | —                                                                                                                  |   |                           |   | — |   |
| Foreign      exchange gain                                                                     |                           |                                                                     | (1,131,538                                                                                                                     | )      |                           |   | (2,933                                                                                                                   | )      |                           |   | (228 | ) |
| Impairment      of oil and gas property                                                        |                           |                                                                     | 2,908,010                                                                                                                      |   |                           |   | 2,908,010                                                                                                                |   |                           |   | — |   |
| Changes      in non-cash working capital items                                                 |                           |                                                                     |                                                                                                                           |   |                           |   |                                                                                                                     |   |                           |   |   |   |
| Other  receivable                                                                    |                           |                                                                     | (3,169                                                                                                                         | )      |                           |   | (331                                                                                                                     | )      |                           |   | 837 |   |
| Prepaid      expenses and deposits                                                             |                           |                                                                     | (14,258                                                                                                                        | )      |                           |   | (8,883                                                                                                                   | )      |                           |   | (14,875 | ) |
| Accounts      payable and accrued liabilities                                                  |                           |                                                                     | 293,421                                                                                                                        |   |                           |   | (57,080                                                                                                                  | )      |                           |   | (20,710 | ) |
|                                                                                           |                           |                                                                     |                                                                                                                           |   |                           |   |                                                                                                                     |   |                           |   |   |   |
| Cash      used by continuing operations                                                        |                           |                                                                     | ( 2,195,527                                                                                                                    | )      |                           |   | (330,080                                                                                                                 | )      |                           |   | ( 393,329 | ) |
|                                                                                           |                           |                                                                     |                                                                                                                           |   |                           |   |                                                                                                                     |   |                           |   |   |   |
| FINANCING      ACTIVITIES                                                                      |                           |                                                                     |                                                                                                                           |   |                           |   |                                                                                                                     |   |                           |   |   |   |
| Financing      activities from discontinued operations                                         |                           |                                                                     | 2,000,261                                                                                                                      |   |                           |   | —                                                                                                                  |   |                           |   | 747,000 |   |
| Common      stock issued for cash                                                              |                           |                                                                     | 2,432,001                                                                                                                      |   |                           |   | —                                                                                                                  |   |                           |   | — |   |
| Loans      payable                                                                             |                           |                                                                     | 50,567                                                                                                                         |   |                           |   | —                                                                                                                  |   |                           |   | — |   |
| Due      to related parties                                                                    |                           |                                                                     | 1,343,831                                                                                                                      |   |                           |   | (840,000                                                                                                                 | )      |                           |   | 1,078,975 |   |
| Cash      provided by (used in) financing activities                                           |                           |                                                                     | 5,826,660                                                                                                                      |   |                           |   | (840,000                                                                                                                 | )      |                           |   | 1,825,975 |   |
|                                                                                           |                           |                                                                     |                                                                                                                           |   |                           |   |                                                                                                                     |   |                           |   |   |   |
| INVESTING      ACTIVITIES                                                                      |                           |                                                                     |                                                                                                                           |   |                           |   |                                                                                                                     |   |                           |   |   |   |
| Investing      activities from discontinued operations                                         |                           |                                                                     | (1,447,739                                                                                                                     | )      |                           |   | —                                                                                                                  |   |                           |   | — |   |
| Petroleum      and natural gas expenditures                                                    |                           |                                                                     | (987,073                                                                                                                       | )      |                           |   | (24,388                                                                                                                  | )      |                           |   | (661,377 | ) |
| Cash      acquired on acquisition                                                              |                           |                                                                     | 12,696                                                                                                                         |   |                           |   | —                                                                                                                  |   |                           |   | — |   |
| Deposit      on acquisition                                                                    |                           |                                                                     | (639,487                                                                                                                       | )      |                           |   | —                                                                                                                  |   |                           |   | — |   |
| Deposits                                                                                       |                           |                                                                     | —                                                                                                                        |   |                           |   | —                                                                                                                  |   |                           |   | (25,000 | ) |
|                                                                                           |                           |                                                                     |                                                                                                                           |   |                           |   |                                                                                                                     |   |                           |   |   |   |
| Cash      used by investing activities                                                         |                           |                                                                     | (3,061,603                                                                                                                     | )      |                           |   | (24,388                                                                                                                  | )      |                           |   | (686,377 | ) |
|                                                                                           |                           |                                                                     |                                                                                                                           |   |                           |   |                                                                                                                     |   |                           |   |   |   |
| CHANGE      IN CASH                                                                            |                           |                                                                     | 569,530                                                                                                                        |   |                           |   | (1,194,468                                                                                                               | )      |                           |   | 746,269 |   |
|                                                                                           |                           |                                                                     |                                                                                                                           |   |                           |   |                                                                                                                     |   |                           |   |   |   |
| CASH,      BEGINNING                                                                           |                           |                                                                     | —                                                                                                                        |   |                           |   | 1,763,998                                                                                                                |   |                           |   | — |   |
|                                                                                           |                           |                                                                     |                                                                                                                           |   |                           |   |                                                                                                                     |   |                           |   |   |   |
| CASH,      ENDING                                                                              |                           | $                                                                        | 569,530                                                                                                                        |   |                           | $      | 569,530                                                                                                                  |   |                           | $ | 746,269 |   |

----

|                                                |   | Cumulative      resultsFrom      May 52006      toJune 30,2009 |              |   |   |   |    |   |   |
|-----------------------------------------------------|--------|--------------------------------------------------------------------------|-------------------|--------|--------|--------|---------|--------|--------|
|                                                |   |                                                                     |              |
| Six      Months Ended                               |
| June 30,2009                                   |   |                                                                     | June 30,2008 |
|                                                |   |                                                                     |              |   |   |   |    |   |   |   |   |   |
| SUPPLEMENTAL      DISCLOSURE:                       |   |                                                                     |              |   |   |   |    |   |   |   |   |   |
| Interest      paid                                  |   | $                                                                        | 9,908             |   |   | $      | — |   |   | $ | — |   |
| Income      taxes paid                              |   | $                                                                        | —           |   |   | $      | — |   |   | $ | — |   |
|                                                |   |                                                                     |              |   |   |   |    |   |   |   |   |   |
| NON-CASH      ACTIVITIES:                           |   |                                                                     |              |   |   |   |    |   |   |   |   |   |
| Shares      issued on conversion of management fees |   | $                                                                        | 200,000           |   |   | $      | — |   |   | $ | — |   |
| Shares      issued on conversion of liabilities     |   | $                                                                        | 2,578,326         |   |   | $      | 938,592 |   |   | $ | — |   |
| Shares      issued for property acquired            |   | $                                                                        | 15,903,000        |   |   | $      | — |   |   | $ | — |   |

----

|   | · | Fund      the costs required to drill, and if warranted, complete three wells on the      PEL 112 within the timeframes required  by the permit work      programs; and |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Pay      the Company a 1.33% overriding royalty on gross revenues generated from      the sale of any oil or gas produced from wells drilled on the PEL      112. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                |   | June      30,2009 |           |   | December      31,2008 |   |
|-----------------------------------------------------|--------|-------------------|----------------|--------|-----------------------|--------|
| Non-interest      bearing loan, payable upon demand |   | $                 | –– |   |                  | $      | 259,343 |   |
|                                                |   | $                 | –– |   |                  | $      | 259,343 |   |

|                                                               |   | June      30,2009 |           |   | December      31,2008 |   |
|--------------------------------------------------------------------|--------|-------------------|----------------|--------|-----------------------|--------|
|                                                               |   |              |           |   |                  |   |
| Advances      from a company affiliated with the president and CEO |   | $                 | –– |   |                  | $      | 74,729 |   |
| Advances      from shareholders / Directors / former Directors     |   |              | 53,554         |   |                  |   | 243,553 |   |
| Advances      from Shareholder                                     |   |              | –– |   |                  |   | 1,254,521 |   |
|                                                               |   | $                 | 53,554         |   |                  | $      | 1,572,803 |   |

----

----

----

|   | 1. | Fund      the costs required to drill, and if warranted, complete three wells on the      PEL 112 within the timeframes required by the permit work program;      and |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2. | Pay      us a 1.33% overriding royalty on gross revenues generated from the sale of      any oil or gas produced from wells drilled on the PEL  112. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

|                         |                           | Payments      due by period |   |
|------------------------------|--------------------------------|-----------------------------|--------|
| Contractual      Obligations |                           | Total                       |   |   | Less      than1      Year |   |   | 1-3      Years |   |   | 3-5      Years |   |   | More      than5      Years |   |
| Loans      and Advances      |       | $                           | 53,554 |   |       | $ | 53,554 |   |       |   | –– |   |       |   | –– |   |       |   | –– |   |

----

----

----

| Number |   | Description      of Exhibits            |
|--------|--------|-----------------------------------------|
|   |   |                                    |
| 31.1   |   | Rule 13a-14(a)      Certifications |
| 31.2   |   | Rule 13a-14(a)      Certifications |
| 32     |   | Section 1350      Certifications   |

----

|                                                                                                                                                                                                                                                                                                           |       | HOLLOMAN      ENERGY CORPORATION                 |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------|--------------------------------------------------|
|                                                                                                                                                                                                                                                                                                           |                           |                                             |
|                                                                                                                                                                                                                                                                                                           |                           |                                             |
| Date:   March 30,      2010                                              |                           | /s/      Mark Stevenson                          |
|                                                                                                                                                                                                                                                                                                           |                           | Mark      Stevenson, Principal Executive Officer |
|                                                                                                                                                                                                                                                                                                           |                           |                                             |
|                                                                                                                                                                                                                                                                                                           |                           |                                             |
| Date:   March 30, 2010                                                                                                                                                                                                                                                                               |                           | /s/      Robert      Wesolek                     |
|                                                                                                                                                                                                                                                                                                           |                           | Robert      Wesolek, Principal Financial and     |
|                                                                                                                                                                                                                                                                                                           |                           | Accounting      Officer                          |

----