Houston American Energy Corp.

 Houston American Energy Corp. today announced that it has leased to a third party operator its interest in mineral acreage in East and West Baton Rouge Parishes in Louisiana. The leased acreage covers 743.94 gross acres out of a larger 2,485 gross acre block .  The larger block is the site of HUSA's Crown Paper #1 well. Pursuant to the terms of the lease, the operator has paid a lease bonus of $600 per acre, or $104,616 [...]

Houston American Energy Corp. today announced financial results for its third quarter and nine months ended September 30, 2018. Net loss for the third quarter of 2018 was $116,831 compared to a net loss of $786,278 for the third quarter of 2017.  For the nine months ended September 30, 2018, net loss was $316,000 compared to a net loss of $1,754,951 for the nine months ended September 30, 2017. The decline in loss [...]

 Houston American Energy Corp. today announced an update on the drilling plans for the San Andres prospect.  As previously reported, the company entered into an agreement to acquire a 12.5% working interest in a prospect covering approximately 650 gross acres in Yoakum County, TX. The company has been notified by the prospect operator that unanticipated issues that had delayed drilling operations have been resolved and [...]

HOUSTON, June 7, 2018 /PRNewswire/ -- Houston American Energy Corp. today announced certain management changes. After careful consideration, the board of directors of Houston American determined not to renew the position of John Boylan as Chairman, President and CEO of the Company, terminating Mr. Boylan's service in those positions effective immediately. Houston American will immediately commence a search for Mr [...]

HOUSTON, May 22, 2018 /PRNewswire/ -- Houston American Energy Corp. , a Permian Basin-focused E&P company, today announced that it has entered into an agreement to acquire a 12.5% working interest in a prospect covering approximately 650 gross acres in Yoakum County, Texas. The prospect is a Horizontal San Andres prospect located in the Northwest Shelf at the northern portion of the Midland Basin in west Texas. Principal [...]

Reeves County production and higher energy prices drive 1209% YOY Q1 revenue increase HOUSTON, May 14, 2018 /PRNewswire/ -- Houston American Energy Corp. , a Permian Basin-focused E&P company, today announced financial results for the 2018 First Quarter and provided an update on activity on its Reeves County, Texas acreage. Q1 2018 Financial and Production Highlights Q1 2018 revenues rose sharply on increased production [...]

Reeves County production and higher energy prices drive 842% YOY Q4 revenue increase HOUSTON, Feb. 12, 2018 /PRNewswire/ -- Houston American Energy Corp. , a Permian Basin-focused E&P company, today provided preliminary revenue totals for the 2017 Fourth Quarter and provided an update on production from its initial Reeves County, Texas wells. Preliminary Q4 2017 Revenue Highlights Q4 2017 preliminary unaudited revenues [...]

HOUSTON, Nov. 29, 2017 /PRNewswire/ -- Houston American Energy Corp. , an exploration and development company operating in the Delaware Basin of West Texas and Colombia, announced today that John P. Boylan, the Company's Chairman of the Board and CEO, will present at the LD Micro Conference on December 6, 2017 at 6 PM EST . Mr. Boylan will discuss the Company's recent operational progress and acquisition strategy in the [...]

HOUSTON, Nov. 10, 2017 /PRNewswire/ -- Houston American Energy Corp. today announced that its Johnson #1H well , a 4,510 foot lateral Upper Wolfcamp A well, in Reeves County has completed tie-in to a gas sales line and resumed production. The well was shut-in following completion pending construction of a seven-mile gas gathering line.  The well is expected to reach a peak rate within the next thirty days. John Boylan [...]

HOUSTON, Oct. 26, 2017 /PRNewswire/ -- Houston American Energy Corp. (NYSE American: HUSA) today reported that its O'Brien #3H well (12.5% w.i.), a 4,575' lateral Upper Wolfcamp A well, in its southern Reeves County Riverbend project area, is now connected to a gas sales line enabling the sale of first production.  During a previously announced test, conducted prior to completion of the gas flowline, the well produced 359 [...]