Houston American's Hog Heaven Prospect is currently drilling. Its Sugarland Prospect's initial well is expected to begin drilling by December 1, 2005 and initial wells on both the West Fargo and Obenhaus Prospects are scheduled for January 2006.
"Houston American is very pleased to participate in the Green Jacket Prospect. The initial well is located based on 3D seismic interpretation and as a result is expected to get high to a well that produced significant oil from 2 of the 4 objective sands. This prospect has exactly the low risk high potential profile of domestic prospects that have worked for us and that have provided the asset base to advance our business plan. HUSA remains enthusiastic about our year end domestic drilling schedule and the upside it provides to the company," said John F. Terwilliger, Chairman, Houston American Energy Corp.
Most Popular Articles
From the Career Center
Jobs that may interest you