Numerous Leads identified on Final Report

Hydrocarb Energy Corporation (OTCQB:HECC) today announced that it has received the final comprehensive report on its recently acquired high-resolution aerial gravity and magnetics survey flown over its Owambo Basin exploration concession in Northern Namibia.

The independent analysis and interpretation has indicated the existence of up to 16 additional structural leads in blocks 1714A, 1715, 1814B, and 1815A. The company intends to delineate these new leads with the acquisition of approximately 750 kms of modern 2-dimensional seismic data. Permitting and environmental assessment operations for the upcoming seismic program have been commenced.

Chuck Dommer, Hydrocarb’s President, stated, “The results of our recently flown aerial gravity and magnetics program are extremely encouraging and have given us numerous additional structural leads that we plan on detailing with modern seismic data. Since only 15% of our concession is currently covered by legacy 2D seismic we could have several more high potential structural prospects that would give us additional oil resources.”

Hydrocarb Energy holds a 90% working interest in the highly prospective Owambo Basin concession in northern Namibia with Namcor, the Namibian National Oil Company, holding the remaining 10%. Extensive geologic field studies have were completed last year proving the existence of excellent high-porosity reservoir rocks as well as soil sampling indicating the presence of crude oil derived from a carbonate source.

About Hydrocarb Energy

Hydrocarb Energy Corporation is a publicly-traded Domestic and International Energy Exploration and Production Company targeting major under-explored oil and gas projects in emerging, highly prospective regions of the world. With exploration concessions in Africa, production in Galveston Bay, and Oil Field Services in the United Arab Emirates, we maintain offices in Houston, Texas, Abu Dhabi, UAE and Windhoek, Namibia.

For further information: www.hydrocarb.com.

Forward-looking Statements

This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as "expect," "believe" or "plan," by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

Hydrocarb Energy Corp.Chuck Dommer, 1-713-970-1590Presidentinfo@hydrocarb.com