Company Overview
Houston American Energy Corp (NASDAQ:HUSA), the “Company”, is a growth-oriented independent energy company engaged in the exploration, development and production of crude oil and natural gas resources
Operations focused in Colombia
•Current production of approximately 850 barrels of oil equivalent per day•Participated in drilling of 100 wells in Colombia to date•Developing new international projects with a focus on Colombia, Peru and Brazil
Significant concessions in Colombia with substantial drilling inventory identified by advanced 3-D seismic interpretation
•Over 895,000 gross acres with more than 100 currently identified drilling prospects
Investment Opportunity
Unique portfolio of high impact, large reserve potential projects in Colombia•Pure-play small cap oil focused investment opportunity with substantial upside potential•Significant acreage position focused in the Llanos Basin in Colombia•Favorable government royalties and fiscal terms on existing contracts
Significant Technical Partner with SK Energy, a leading Asian integrated oil and gas company
Proven Track Record
•Participating in successful drilling program led by Hupecol•Drilled 100 wells in Colombia with a 70% success rate to date•With approximately $19.8MM in invested capital management has generated in excess of $112.0MM of market capital to date
Low cost structure•Non-operator strategy allows for minimal corporate staff•Colombian properties have lower finding and development costs versus U.S. conventional and unconventional reserves
Experienced management and board of directors with access to proprietary deal flow
Simple capitalization structure
Business Strategy
Explore and develop existing properties through the drill bit•Increase production and cash flow by drilling and completing identified well locations•Quantify value of our asset base through an aggressive testing and drilling program•Explore for and develop additional proved reserves on approximately 150,000 net acres
Acquire additional interest in oil and gas properties through partnerships and joint ventures with experienced operators•Target acquisitions that enhance our core areas•Focus on high impact, lower risk drilling prospects
Capitalize on the expertise, experience and strategic relationships of the management team and board of directors
For a full presentation on Houston American Energy Group click here
Kevin McKnight
1-800-404-8982
Undiscovered Equities, Inc.
1515 S Federal Hwy, Ste 207
Boca Raton, FL 33432
www.undiscoveredequities.com
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