Houston American Energy Corp (HUSA)

[Timothy Smith]

Got to say having a 52 week over $15 makes this look like an attractive bottom play. Developments continue (as do the law suits :( ) which seem to be positive.

Houston American Energy Announces Test Results on Cachirre #1 Well

Jul 5, 2012 10:05:00 AM

HOUSTON, July 5, 2012 /PRNewswire/ -- Houston American Energy Corp. (NYSE MKT: HUSA) today announced test results on the C-9 sand in the Cachirre #1 well. While the well had heavy oil shows (6.0 to 6.8 gravity), the Cachirre #1 well was unable to produce oil during swab tests and, as a result, will be plugged and abandoned. After plugs are set, the drilling rig will move to the Zorro Gris well location to begin drilling operations on the next well on CPO 4.

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 [phone] .