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Houston American Energy Corp. is an independent oil and gas company engaged in exploration, development, and production of natural gas and crude oil primarily in the U.S. Permian Basin, Louisiana, and Colombia. It focuses on early resource play identification, partnering with larger operators, and managing assets through acquisitions and divestitures. The company relies on third-party operators, faces industry risks, and emphasizes reserve replacement to sustain production and growth.
This description was generated via AI from an annual report. Updated about 1 year ago.