Current Report Filing (8-k)
February 14 2017 - 6:26PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of report (Date of earliest event reported): February 9, 2017
HOUSTON
AMERICAN ENERGY CORP.
(Exact
name of registrant as specified in Charter)
Delaware
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1-32955
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76-0675953
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(State
or other jurisdiction
of
incorporation or organization)
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(Commission
File
No.)
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(IRS
Employer
Identification
No.)
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801
Travis St., Suite 1425
Houston,
Texas 77002
(Address
of Principal Executive Offices)(Zip Code)
713-222-6966
(Issuer
Telephone number)
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant
under any of the following provisions (see General Instruction A.2. below):
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item
2.01. Completion of Acquisition or Disposition of Assets.
As
previously disclosed on January 4, 2017, Houston American Energy Corp. (“Houston American”) entered into a Participation
Agreement to acquire from Founders Oil & Gas III, LLC a 25% working interest (subject to a 5% back-in after project payout
in favor of the prospect generator, to be borne proportionately among the working interest owners) in two lease blocks in Reeves
County, Texas (the “Prospect”).
On
February 9, 2017, Houston American completed the acquisition of the Prospect, consisting of 717.25 gross acres for a purchase
price of $986,046.
Houston
American funded the purchase price with proceeds from its January 31, 2017 private placement of shares of 12.0% Series A Convertible
Preferred Stock.
Item
7.01. Regulation FD Disclosure.
On
February 9, 2017, Houston American issued a press release announcing the closing of the purchase of the Prospect. The press release
is attached to this Current Report on Form 8-K as Exhibit 99.1.
In
accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01, including Exhibit 99.1, is furnished
pursuant to Item 7.01 and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that section, nor shall such
information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act,
except as shall be expressly set forth by specific reference in such a filing.
Item
9.01. Financial Statements and Exhibits.
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(a)
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Financial
Statements of Business Acquired
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Financial
statements of the acquired business are not included in this Form 8-K report. Such financial statements will be filed within
71 calendar days of the date on which this Form 8-K is required to be filed.
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(b)
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Pro
Forma Financial Information
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Pro
forma financial information relative to the acquired business is not included in this Form 8-K report. Such pro forma financial
information will be filed within 71 calendar days of the date on which this Form 8-K is required to be filed.
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(d)
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Exhibits
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99.1
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Press
release, dated February 9, 2017, regarding closing of acquisition of Reeves County, Texas assets
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf
by the undersigned hereunto duly authorized.
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HOUSTON
AMERICAN ENERGY CORP.
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Dated:
February 14, 2017
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By:
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/s/
John P. Boylan
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John
P. Boylan, President
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Houston American Energy (AMEX:HUSA)
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