Benzinga | Sep 3, 2020 04:13PM EDT

Houston American Energy Provides Update On Permian Basin Acreage Activities

HOUSTON, Sept. 3, 2020 /PRNewswire/ --Houston American Energy Corp. (NYSE:HUSA) today provided an update on recent activities on its U.S. Permian Basin acreage.

In Yoakum County, TX, the Frost #2-H frac has been completed and the well is expected to go on production within a week. Houston American Energy holds an 18.6% working interest in the well.

In Hockley County, TX, the total acreage block has been increased from 5,871 acres to 6,336 acres.Houston American Energy owns 20% of the block. The operator has informed us that drilling operations are planned to commence on September 18, 2020.The projected measured depth is 10,500' with a 5,224' lateral length.