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Re: cadagn post# 238658

Monday, 12/10/2012 5:00:42 PM

Monday, December 10, 2012 5:00:42 PM

Post# of 657736
HUSA- Ouch -50% in AH!

Happy i stayed away from this one...

HUSA Notified of Intention to Plug, Abandon Zorro Gris #1

Houston American Energy Corp. (AMEX: HUSA) received notice from SK Innovation, operator on the Company's CPO 4 Block in Colombia that it intends to plug and abandon the Zorro Gris #1 well. Following completion of the abandonment of the well, the drilling rig will be released. SK Innovation is currently in the process of acquiring its second proprietary 3-D seismic shoot on the CPO 4 block (approximately 135 square miles), which is anticipated to be completed in 2013. The Company is currently evaluating its future plans and alternatives regarding the CPO 4 block
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