HOUSTON AMERICAN ENERGY UPDATE

In Yoakum County, TX, the Frost #2-H frac has been completed and the well is expected to go on production within a week. Houston American Energy holds an 18.6% working interest in the well.

In Hockley County, TX, the total acreage block has been increased from 5,871 acres to 6,336 acres. Houston American Energy owns 20% of the block. The operator has informed us that drilling operations are planned to commence on September 18, 2020. The projected measured depth is 10,500′ with a 5,224′ lateral length.

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