SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): March 7, 2007
HOUSTON AMERICAN ENERGY CORP.
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(Exact name of registrant as specified in Charter)
Delaware 0-33027 76-0675953
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(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File No.) Identification No.)
801 Travis Street, Suite 2020
Houston, Texas 77002
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(Address of Principal Executive Offices)(Zip Code)
713-222-6966
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(Issuer Telephone number)
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligations of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act
(17 CFR 240.13e-4(c))
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Item 8.01. Other Events.
Houston American Energy Corp. (the "Company") provides the following information
on the results of its Dorotea B2 well on its Dorotea Prospect in Colombia:
The well has been drilled to total depth of 5700 feet MD and 7 inch production
casing has been run by the operator, Hupecol LLC. The well has been perforated
from 5258 feet to 5262 feet MD in the top of the C5 Sand with about 28 feet of
apparent oil pay based on log and core analysis. The well began flowing at the
rate of 2,200 barrels of fluid per day of which 12% was water and 88% oil.
After an hour and a half, the well was flowing at the rate of 2,640 barrels of
fluid per day, of which 2% was water and 98% was oil. The information provided
with respect to the Dorotea B2 well is based on preliminary information provided
by the well operator on March 7, 2007. The well remains very early in the
testing phase and preliminary results may not reflect actual production rates
for the well.
The Company holds, through its interest in Hupecol Dorotea and Cabiona LLC ("HDC
LLC"), a 12.5% interest in the Dorotea concession. HDC LLC owns the Dorotea
concession through a contract with the Colombian National Hydrocarbon Agency
(ANH) and Hupecol LLC is the operator of the Dorotea concession.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
HOUSTON AMERICAN ENERGY CORP.
Dated: March 7, 2007
By: /s/ John Terwilliger
John Terwilliger,
President and Chief Executive Officer
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