Nova Names New Vice President of Operations

Former ExxonMobil Engineer to Lead Operations 


HOUSTON, June 20  /PRNewswire-FirstCall/ -- Nova Energy Holding, Inc. (OTC Bulletin Board: NVAO) announced today that it has named Russell D. "Rusty" Sammons as Vice President of Operations for the alternative fuel company. Mr. Sammons served ExxonMobil for more than 11 years prior to accepting the new post.

"Rusty brings over a decade of practical refinery engineering experience to Nova Energy," said Kenneth Hern, Nova's Chairman and CEO. "His experience in leading the planning and control of turnarounds and large maintenance projects at the largest refinery in the U.S. and its accompanying chemical plant will have a meaningful impact to our team. We are extremely pleased that he is joining us in building Nova Energy into a major biodiesel company."

Mr. Sammons earned a master's degree in business administration from the University of Houston and a bachelor's degree in mechanical engineering from the Colorado School of Mines. He began his career with Exxon in 1995 as a mechanical engineer and was promoted to more challenging assignments as a refinery profitability and energy analyst, a mechanical section supervisor and turnarounds and major projects planning section supervisor throughout his career with Exxon and ExxonMobil.

For Nova Energy, Mr. Sammons will provide hands-on leadership for the company's operations as it seeks to plan and build several biodiesel refineries for its own account.  In addition, he will supervise the development and implementation of operational and safety procedures for the biodiesel refineries of Nova's construction clients and, later, for Nova's biodiesel refineries.

About Nova Energy Holding, Inc.

Nova Energy Holding, Inc. is currently the trade name for Nova Oil, Inc. and the company intends to change its name in the near future. Nova is an energy company in the business of synthesizing and distributing renewable fuel products and related co-products. Nova's initial focus will be to construct and operate two to four biodiesel refineries with production capacity of between 120 to 240 million gallons of biodiesel fuel on an annual basis. Nova's business strategy for the next three years includes the construction of up to seven biodiesel refineries with production capacities ranging from 20 to 60 million gallons per year. All of Nova's refineries will use its proprietary, patented process technology, which enables the use of a broader range of lower cost feed stocks. More information on Nova Energy can be found at http://www.novaenergyholding.com/.

Forward Looking Statements

This news release contains forward-looking statements, including statements regarding Nova's plans, goals, strategies, intent, beliefs or current expectations. These statements are expressed in good faith and based upon a reasonable basis when made, but there can be no assurance that these expectations will be achieved or accomplished. Readers are urged to carefully review and consider the various risk factors disclosed by Nova in its reports filed with the Securities and Exchange Commission, including Nova's Current Report on Form 8-K filed on April 3, 2006 and its Quarterly Report on Form 10- Q filed on June 15, 2006, which describes the risks and factors that may affect Nova's business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, Nova's actual results may vary materially from those expected or projected in this release or in Nova's other filings. 

DATASOURCE: Nova Energy Holding, Inc.



CONTACT:  J.D. McGraw, President & COO, Nova Energy Holding, Inc.,

[phone]; or Michelle Clark, Halliburton Investor Relations,

[phone]



Web site:  http://www.novaenergyholding.com/ 

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