Once a steady rate has been established over several months, this C-1 interval will be commingled with the C-3 interval that was also an oil completion in the well. It is anticipated that the well will be produced simultaneously from both intervals at this time. Houston American holds a 1.5% interest in this well and concession through an LLC.
"These results solidify our confidence in the Colombia project," stated John F. Terwilliger, President of Houston American Energy Corp. "We are pleased that HUSA continues to add to their bottom line with this prospect."
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