Hydrocarb Energy Corporation (OTCQB:HECC) today announced its oil reserves rose 20.6 percent in the last trailing six month period. The company’s independent petroleum engineering report as of January 31, 2015 reflected proved reserves of 1,232,000 net barrels oil and 11,662 MMCF net gas. This reflects a proved reserve oil increase of 20.6 percent over July 2014 reserves. Additionally, the report estimated approximately $55.9 million of net present value discounted at 10%.

The table below reconciles the components driving the 2015 reserve increase.

      Proved Reserves Reconciliation SEC   Net to Hydrocarb Balance at July 31, 2014     Barrels Oil Thousands   1021.8 MMCF gas   12,031.4 Present Worth PV10   $51,517,640       Balance at January 31, 2015     Barrels Oil Thousands   1232.0 MMCF gas   11,662.3 Present Worth PV10   $55,945,000  

Thus, in 2014, HECC's reserve replacement ratio, a key measure of growth for investors, was 20 percent. In 2015 and 2016 the company will continue to increase production and improve revenues through infrastructure improvements and pursue further select drilling targets of the Frio formation reservoirs within the boundary of its leases.

Chuck Dommer, Hydrocarb’s President and Chief Operating Officer commented, “What’s interesting about our Galveston Bay assets are the existence of probable reserve prospects that could be drilled. Such prospects hold the potential to increase our proved reserves by 200% in addition to what we have today.” He went on to say, “With the opportunities stemming from the current low oil prices, we are implementing strategies to aggressively develop these probable reserves while also positioning to acquire additional producing properties.”

About Hydrocarb

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 and domestic production in Galveston Bay, we maintain offices in Houston, Texas, 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.

PCG Advisory Group, LLCScott Powell, +1-646-780-8850Managing Directorspowell@pcgadvisory.comwww.pcgadvisory.com