HOUSTON AMERICAN ENERGY DECLARES REGULAR DIVIDEND

Houston American Energy Declares Regular Dividend * Thursday January 29, 2009, 3:09 pm ESTBottom of Form Related: * Houston American Energy Corp. HOUSTON, Jan. 29 /PRNewswire-FirstCall/ — Houston American Energy Corp. (Nasdaq: HUSA – News) today announced that its Board of Directors has declared a quarterly dividend of $0.02 per common share to holders of record on March 4, 2009 with a payment date of March 18, 2009. John Terwilliger, President and CEO of Houston American Energy, stated, “I am very pleased to report that our Board of Directors has declared a quarterly dividend for the third consecutive quarter.” 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, Louisiana and Colombia. Additional information can be accessed by reviewing our Form 10-Q and other periodic reports filed with the Securities and Exchange Commission which can be found on our website at www.houstonamericanenergy.com. 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, including statements regarding the company’s ability to continue to operate profitably and to continue to pay dividends in the current economic climate. Those statements, and Houston American Energy Corp., are subject to a number of risks, including the potential changes in price based on operations and fluctuations in oil prices, changes in market conditions and other factors, effects of government regulation, and the ultimate results derived from our projects. 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 www.houstonamericanenergy.com or contact the Houston American Energy Corp. at (713) 222-6966