HOUSTON, May 18, 2012 /PRNewswire/ -- Houston
American Energy Corp. (NYSE MKT: HUSA) today announced that
drilling operations have commenced on the Cachirre #1 well, its
second well on the CPO 4 block in Colombia. The well is
expected to be drilled to a total measured depth of approximately
9,500 feet. Drilling and testing of the well is expected to
be completed within 60 days. Well results will be announced
when available.
About Houston American Energy Corp.
Based in Houston, Texas,
Houston American Energy Corp is an independent energy company with
interests in oil and natural gas wells and prospects. The Company's
business strategy includes a property mix of producing and
non-producing assets with a focus on Colombia, Texas and Louisiana. Additional information can be
accessed by reviewing our Form 10-K and other periodic reports
filed with the Securities and Exchange Commission.
For additional information, view the company's website at
www.houstonamericanenergy.com or contact the Houston American
Energy Corp. at (713) 222-6966.
Forward-Looking Statements
Disclosures in this press release may contain forward-looking
statements relating to anticipated or expected events, activities,
trends or results. Forward-looking statements, can be
identified by the use of forward looking terminology such as
"believes," "suggests," "expects," "may," "goal," "estimates,"
"should," "likelihood," "plans," "targets," "intends," "could," or
"anticipates," or the negative thereof, or other variations
thereon, or comparable terminology, or by discussions of strategy
or objectives. Because forward-looking statements relate to matters
that have not yet occurred, these statements are inherently subject
to risks and uncertainties. Such statements are made to provide the
public with management's current assessment of the Company's
business, and it should not be assumed that actual results will
prove these statements to be correct. Security holders are
cautioned that such forward-looking statements involve risks and
uncertainties. The forward-looking statements contained in this
press release speak only as of the date of this press release, and
the Company expressly disclaims any obligation or undertaking to
report any updates or revisions to any such statement to reflect
any change in the Company's expectations or any change in events,
conditions or circumstances on which any such statement is based.
Certain factors may cause results to differ materially from those
anticipated by some of the statements made in this release. Please
carefully review our filings with the SEC as we have identified
many risk factors that impact our business plan.
SOURCE Houston American Energy Corp