Scandinavian Oil-Gas Magazine

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Houston American plugs and abandons Zorro Gris #1 well

Houston American Energy Corp. received notice from SK Innovation, operator on the Company's CPO 4 Block

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Houston American Energy provides results of Caddo Lake Prospect

Houston American Energy Corp. received notice from SK Innovation, operator on the Company's CPO 4 Block in Colombia that it intends to plug and abandon the Zorro Gris #1 well. Following completion of the abandonment of the well, the drilling rig will be released.

SK Innovation is currently in the process of acquiring its second proprietary 3-D seismic shoot on the CPO 4 block (approximately 135 square miles), which is anticipated to be completed in 2013. The Company is currently evaluating its future plans and alternatives regarding the CPO 4 block.

Tags: Houston American Energy Corp.