Houston American Energy announces plugging and abandonment of Zorro Gris #1 well

Tuesday, Dec 11, 2012

HOUSTON, Dec. 10, 2012 /PRNewswire/ -- Houston American Energy Corp. (NYSE MKT: HUSA, the "Company") 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.

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.

SOURCE Houston American Energy Corp.

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