form8k.htm
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):  February 25, 2010


HOUSTON AMERICAN ENERGY CORP.
(Exact name of registrant as specified in Charter)



Delaware
  
1-32955
  
76-0675953
(State or other jurisdiction of incorporation or organization)
  
(Commission File No.)
  
(IRS Employer Identification No.)

 
801 Travis St., Suite 1425
Houston, Texas 77002
  
 
(Address of Principal Executive Offices)(Zip Code)
  

 
713-222-6966
  
 
(Issuer Telephone number)
  


     
 
(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))
 
 
 
 

Item 8.01
Other Events

On February 25, 2010, Houston American Energy Corp. (the “Company”) elected to participate for its percentage interest (12.5%) in the Macaya Technical Evaluation Agreement (the “TEA”).
 
The TEA was entered into in February 2010 by and between the Columbian National Hydrocarbons Agency (“ANH”) and Hupecol Operating Co. LLC, (“Hupecol”) and encompasses a 195,171 acre region located to the southeast of the Serrania block, which is located in the municipalities of Uribe and La Macarena in the Department of Meta in the Republic of Colombia.

As a result of the election to participate, the Company agreed to pay its proportionate share, or 12.5%, of the acquisition costs and costs for the minimum work program contained in the TEA.

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:  February 26, 2010
    
 
By:
/s/ John F. Terwilliger
   
John F. Terwilliger,
   
Chief Executive Officer

 
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