Houston American Energy Corp. Updates International Operations
Monday, September 13, 2004
HOUSTON, September 13, 2004 /PRNewswire-FirstCall/– Houston American Energy Corp. (OTC Bulletin Board: HUSA – News) is pleased to announce that it has commenced actual drilling operations on its seventh well this year in its international operations area. This well will be drilled to 5500′ and offsets an existing producer. Houston American Energy Corp. owns an approximate 1.6% Working Interest in this well and concession. “We are pleased to continue on schedule with our international drilling program. This progress allows us not only to develop our existing oil field but additional successful wells also enables HUSA to sell more oil in this attractive price environment. We expect to maintain a continuous drilling program internationally through year end,” said John F. Terwilliger, Chairman, Houston American Energy Corp.
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 Texas and Colombia. Additional information can be accessed by reviewing the December 31, 2003 Form 10-KSB, and its other periodic reports filed with the Securities and Exchange Commission. The information in this release includes certain forward-looking statements that are based on assumptions that in the future may prove not to have been accurate. Those statements, and Houston American Energy Corp. are subject to a number of risks, including production variances from expectations, volatility of product prices, the capital expenditures required to fund its operations, environmental risks, competition, government regulation, and the ability of the company to implement its business strategy. These and other risks are described in the company’s documents and reports that are available from the company and the United States Securities and Exchange Commission. For additional information, view the company’s website at http://www.houstonamericanenergy.com or contact the company at (713) 222-6966.