Houston American Energy Corp.

HOUSTON, Jan. 22, 2020 /PRNewswire/ -- Houston American Energy Corp. today provided an update on the company's recent financing activities and current financial position. Since reporting 3rd quarter 2019 results, Houston American has raised $4.49 million of net proceeds from the sale of common stock. The shares were sold under its previously announced "at-the-market", or ATM, sales program at an average price of $0.21 per [...]

HOUSTON, Dec. 5, 2019 /PRNewswire/ -- Houston American Energy Corp. today announced the acquisition of an additional interest in Hupecol Meta, LLC, doubling its interest in Hupecol Meta previously announced on October 22, 2019.  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 [...]

 Houston American Energy Corp. today announced plans for drilling the Frost #2-H well, the company's second San Andres well in Yoakum County.  The operator has set a drilling date for late December 2019, pending rig availability.  The well's planned total depth is approximately 5500 feet with a 5,000-foot horizontal leg. Houston American Energy holds a 12.5% working interest in the subject 650 gross acre prospect. The [...]

 Houston American Energy Corp.  today announced that on October 17, 2019, it received a deficiency letter from the NYSE American LLC stock exchange indicating that, pursuant to Section 1003 of the NYSE American Company Guide , the Company's common stock has been selling for a low price per share for a substantial period of time. Accordingly, the Letter states that the Company must demonstrate sustained share price [...]

HOUSTON, Oct. 22, 2019 /PRNewswire/ -- Houston American Energy Corp. today announced the acquisition, effective October 31, 2019, of a membership interest in Hupecol Meta, LLC which owns the CPO-11 block in the Llanos Basin in Colombia.  The 639,405 gross acre CPO-11 block is comprised of the 69,128 acre Venus Exploration area, operated by Hupecol Operating Co. LLC, and 570,277 acres which was 50% farmed out to Parex [...]

Houston American Energy Corp. today announced that it has secured funding to complete its previously announced agreement to acquire a 20% interest in a 5,871 gross acre block in the San Andres formation located in the Northern Shelf of the Permian Basin. With the funding and completion of the acquisition, the company has increased its gross acreage position in the Permian Basin while also securing participation rights in [...]

HOUSTON, Aug. 26, 2019 /PRNewswire/ -- Houston American Energy Corp. today announced that it has signed an agreement to participate in a new drilling program in the San Andres formation located in the Northern Shelf of the Permian Basin. Under the agreement, the company will acquire a 20% working interest in an existing 5,871 gross acre block. The agreement provides that Houston American will pay 26.667% of the costs of [...]

 Houston American Energy Corp. today provided an update on operations on the Frost #1H well located in the Northwest Shelf of the Midland Basis, in Yoakum County, Texas.  The Frost #1H well was put on production as of June 8, 2019.  The well began producing oil immediately and has been unloading frac fluid and formation water while continuing to produce oil. Over the first two weeks of August, daily production from the [...]

Houston American Energy Corp. today provided an update on operations on the Frost #1H well located in the Northwest Shelf of the Midland Basis, in Yoakum County, Texas.  Frac operations on the Frost #1-H well have been completed and the well has been put on production as of June 5, 2019.  The well began producing oil immediately and has been in the process of unloading the frac fluid while continuing to produce oil.  Once [...]

 Houston American Energy Corp. today announced the initiation of fracking operations on the company's Frost #1H well. The Frost #1H well is located in the Northwest Shelf of the Midland Basis, in Yoakum County, Texas, and targets the "Exploration" component of the San Andres Formation. Houston American Energy Corp. holds a 12.5% working interest in the 650-acre prospect. Jim Schoonover, interim CEO of [...]