Houston American Energy Corp. (NYSE: HUSA) shares ended a trading session with gains of over 29% and closed at the high of the day. HUSA has posted on the Company’s web site presentation slides reflecting site, seismic and geological data with respect to its holdings in the Serrania area in Colombia.
Sophisticated investors were curious about unusual 11fold of its 10day average HUSA‘s volume.
Is news pending? Very likely – on September 4th Houston American Energy announced that company commenced the drilling operations on its CPO 4 block in Colombia and results will be publicized as soon as they’ll be available.
Partnership? New investments? Only time will tell.
Houston American Energy Corp. (HUSA) Colombian Project
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Houston American Energy Corp
801 Travis, Suite 1425
Houston, Texas, 77002
Houston American Energy Corp. (HUSA) is an oil and gas exploration and production company. Company’s oil and gas exploration and production activities are focused on properties in the U.S. onshore Gulf Coast Region, principally Texas and Louisiana, and on the development of concessions in the South American country of Colombia.