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Hybrid Energy Holdings, Inc. Prepares for Exploding Demand for Clean Fuels Alongside Exxon

^{Published on 2009-12-15 07:58:03 - Market Wire}
 

RENO, NV--(Marketwire - December 15, 2009) - Hybrid Energy Holdings, Inc. (PINKSHEETS: [ HYBE ]) announced today it is prepared for the anticipated massive increase in natural gas demand as clean energy and regulatory pressures mount. Hybrid Energy's current and planned acquisitions in the clean energy sector position the Company for massive growth and profits.

The Company recently agreed to acquire various natural gas properties with strong current profitable production and significant untapped reserves. The equity-based transaction is valued at approximately $4 million and creates no debt for the Company. Full disclosures will be made immediately subsequent to the scheduled Closing Date of 20th December, 2009 with the OTC Disclosure Service.

The Company notes the recent Exxon transaction where Exxon purchased XTO for $31 Billion in a move to diversify from oil to Natural Gas. The low price of natural gas and impending rise in the demand of clean energy sources played a role in the largest acquisition since the purchase of Mobil in 1998.

Exxon Mobil Corp agreed to acquire the largest U.S. natural gas producer XTO Energy Inc for $31 billion. The XTO acquisition follows the shift in the energy consumption pattern worldwide as the U.S. and other developed nations shift to cleaner energy sources away from coal.

Shareholders will receive continuing updates and disclosures on current and planned acquisitions and industry conditions.

About Hybrid Energy Holdings

Hybrid Energy Holdings (HEH) acquires and operates profitable energy companies with strong historical cash-flow and sustainable profitability. HEH may acquire promising nascent energy technology or technology rights as portfolio enhancing assets. HEH's acquisitions are focused primarily on traditional and proven fuel production and the latest in energy conservation and power co-generation technologies. HEH's fuel production acquisitions provide expertise in the recovery of oil and gas reserves in both mature and marginal fields. The company's operational teams deliver production improvements and developmental and low risk exploration as part of its acquisition strategy for it fuel producing subsidiaries. HEH's primary business strategy is the acquisition of diverse, profitable energy related assets that provide synergistic profits and revenue enhancements across all portfolio companies.

HEH believes its combination of acquisition profitability and mitigated-risk funding structures provides ongoing portfolio viability and long-term shareholder equity appreciation.

The company maintains its web site at: [ www.hybridenergyholdings.com ]

Safe-Harbor Statement

This release contains statements or projections regarding future performance that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's disclosures contain various RISK FACTORS (and are incorporated herein by reference) and should be read before any investment decision.