Houston American Energy Announces Conclusion of Strategic
Houston, Texas - September 24, 2012 - Houston American
Energy Corp. (NYSE MKT: HUSA) today announced that it has
concluded its review of strategic alternatives, undertaken
with the assistance of its advisor, Canaccord Genuity, Inc.
The company has determined, based on its findings in that
review, to seek additional financing to support the
continued long-term development of its oil and gas
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 (713) 222-6966.
Disclosures in this press release may contain
forward-looking statements relating to anticipated or
expected events, activities, trends or results.
Forward-looking statements, can be identified by the use of
forward looking terminology such as "believes,"
"suggests," "expects," "may,"
"intends," "could," or
"anticipates," or the negative thereof, or other
variations thereon, or comparable terminology, or by
discussions of strategy or objectives. Because
forward-looking statements relate to matters that have not
yet occurred, these statements are inherently subject to
risks and uncertainties. Such statements are made to
provide the public with management's current assessment
of the Company's business, and it should not be assumed
that actual results will prove these statements to be
correct. Security holders are cautioned that such
forward-looking statements involve risks and uncertainties.
The forward-looking statements contained in this press
release speak only as of the date of this press release,
and the Company expressly disclaims any obligation or
undertaking to report any updates or revisions to any such
statement to reflect any change in the Company's
expectations or any change in events, conditions or
circumstances on which any such statement is based. Certain
factors may cause results to differ materially from those
anticipated by some of the statements made in this release.
Please carefully review our filings with the SEC as we have
identified many risk factors that impact our business plan.