Houston American Energy Corp. , today announced the results of the Company's special meeting of stockholders held virtually on April 24, 2025. At the Meeting, all of the matters put forward before the Company's stockholders for consideration and approval, as set out in the Company's definitive proxy statement dated April 11, 2025, were approved by the requisite number of votes cast at the meeting. Of most importance, the [...]
Houston American Energy Corp. today announced that it has entered into a definitive agreement to acquire Abundia Global Impact Group, LLC , a company specializing in converting waste into high value fuels and chemicals. The acquisition supports HUSA's strategy to diversify its portfolio, expand its global footprint and execute its comprehensive strategy aimed at driving shareholder value through innovation in the [...]
Houston American Energy Corp. today announced that it has entered into a definitive agreement with several investors for the purchase and sale of an aggregate of 2,600,000 shares of the Company's common stock, par value $0.001 per share at a purchase price of $1.70 per share in a registered direct offering. The aggregate gross proceeds to the Company of this offering are expected to be approximately $4,420,000. The [...]
Houston American Energy Corp. today announced a pivotal step towards a transformation into an integrated energy and technology company with the signing of two non-binding Letters of Intent to acquire Abundia Global Impact Group LLC and RPD Technologies . These proposed acquisitions comprise a comprehensive strategy aimed at driving shareholder value through diversification and innovation in the energy transition sector [...]
Houston American Energy Corp. today announced that the company has closed a private placement offering for the issuance and sale of 2,180,180 shares of common stock of the company to an accredited investor. The aggregate gross proceeds to the company from the offering were approximately $2.5 million, before deducting placement agent fees and other offering expenses. Univest Securities, LLC acted as the exclusive placement [...]
Houston American Energy Corp. today announced plans to participate in the drilling of six wells, each well consisting of an approximate 3 mile lateral, on the State Finkle Unit in the Wolfcamp formation in Reeves County, Texas. EOG Resources will act as operator of the unit and is the principal working interest owner in the unit. The unit includes acreage subject to our existing O'Brien lease. We will hold an [...]
Houston American Energy Corp. today announced the acquisition of an additional interest in Hupecol Meta, LLC. Hupecol Meta owns the 639,405 gross acre CPO-11 block in the Llanos Basin in Colombia, comprised of the 69,128 acre Venus Exploration area, operated by Hupecol, and 570,277 acres which was 50% farmed out to Parex Resources by Hupecol. In total, the CPO-11 block covers almost 1000 square miles with multiple [...]
Houston American Energy Corp. today announced that, due to the lack of a quorum, it convened and then adjourned, without conducting any business, its annual meeting of stockholders held on September 20, 2022, at 10:00 a.m., central time. The Annual Meeting was adjourned until Tuesday, October 25, 2022 at 10:00 a.m., central time. No changes have been, or are expected to be, made to the record date or the proposals to be [...]
Houston American Energy Corp. today provided an update with respect to 2022 operations and near term plans on the CPO-11 Block in Colombia. Houston American's interest in the CPO-11 Block, and wells thereon, is held through our ownership interest in Hupecol Meta, LLC. Year-to-date, two wells have been drilled on the CPO-11 Block, both located in the Venus Exploration Area . The Bugalo #1 well was drilled and is awaiting [...]
HOUSTON, May 24, 2022 /PRNewswire/ -- Houston American Energy Corp. today announced that final approvals and permits have been received and drilling operations have commenced on a well on the CPO-11 Venus Exploration Area in Colombia. The well, operated by Hupecol Operating, is Houston American's first well to be drilled on the 69,128 gross acre Venus Exploration Area. The Venus Exploration Area, and a 50% interest in the [...]
Houston American Energy Corp. today announced that it plans to adjourn its annual meeting of stockholders , originally scheduled to be held on June 15, 2021, at 10:00 a.m., central time, until Thursday, July 22, 2021 at 10:00 a.m., central time. No changes have been, or are expected to be, made to the record date or the proposals to be brought before the Annual Meeting, which proposals are presented in the previously [...]
HOUSTON, March 4, 2021 /PRNewswire/ -- Houston American Energy Corp. today announced the redemption of all outstanding shares of its 12% Series A Convertible Preferred Stock and 12% Series B Convertible Preferred Stock. The company funded the redemption of its preferred stock using $1.97 million of proceeds from sales of common stock under its At-the-Market Sales Issuance Agreement. John Terwilliger, President and Chief [...]