Houston American Energy Corp. (Houston American) is an oil and gas exploration and production company. The Company?s oil and gas exploration and production activities are focused on properties in the United States onshore Gulf Coast Region, principally Texas and Louisiana, and development of concessions in the South American country of Colombia. The Company?s exploration projects are focused on existing property interests, and future acquisition of additional property interests, in the onshore Texas Gulf Coast region, Colombia and Louisiana. Each of the Company?s exploration projects differs in scope and character and consists of one or more types of assets, such as three-dimensional (3-D) seismic data, leasehold positions, lease options, working interests in leases, partnership or limited liability company interests or other mineral rights.(Source: 10-K)
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