Houston American Energy Announces Management Changes
HOUSTON, July 12, 2013
HOUSTON, July 12, 2013 /PRNewswire/ --Houston American Energy Corp. (NYSE
MKT: HUSA) today announced the resignation of James "Jay" Jacobs as Chief
Financial Officer, effective July 19, 2013. The company also announced that
it would not be renewing the employment agreement of Kenneth Jeffers, and that
Mr. Jeffers' position as Senior Vice President of Exploration would terminate
on August 13, 2013.
Mr. Jacobs indicated that he had been offered, and accepted, a position as
Vice President – Corporate and Business Development at a larger oil and gas
John F. Terwilliger, Chairman and CEO of Houston American Energy, stated, "We
are sorry to see Jay leave but excited for him and his new opportunity and
wish him well. He has been a valuable member of our team and we will miss
him." Mr. Terwilliger added, "While we continue to look at opportunities to
continue to utilize Ken's expertise and services, Ken came to Houston American
with a focus on our CPO 4 block. With the termination of our interest in the
block, we have determined to eliminate that position for the time being. As
with Jay, we appreciate Ken's service to the company and wish him well in the
About Houston American Energy Corp.
Based in Houston, Texas, Houston American Energy Corp is an independent energy
company with interests in oil and natural gas wells and prospects. The
Company's business strategy includes a property mix of producing and
non-producing assets with a focus on Colombia, Texas and Louisiana. Additional
information can be accessed by reviewing our Form 10-K and other periodic
reports filed with the Securities and Exchange Commission.
For additional information, view the company's website at
www.houstonamericanenergy.com or contact the Houston American Energy Corp. at
SOURCE Houston American Energy Corp.
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