[Oil and gas refinery production. Factory workers in safety equipment walking by gas pipes and checking distribution and consumption.]
Smederevac
* Houston American Energy (NYSE:HUSA [https://seekingalpha.com/symbol/HUSA]) and Abundia Global Impact Group on Thursday announced [https://seekingalpha.com/pr/20244319-houston-american-energy-corp-announces-first-revenue-from-state-finkle-unit-wells]that production from the State Finkle Unit wells has commenced, with the first revenue received.
* On June 17, 2024, HUSA announced plans to participate in the drilling of six wells, each with approximately three-mile laterals, on the State Finkle Unit in the Wolfcamp formation in Reeves County, Texas.
* In September 2025, the company received its first royalties from production at the initial wells.
* EOG Resources (EOG [https://seekingalpha.com/symbol/EOG]) acts as operator and is the principal working interest owner.
MORE ON HOUSTON AMERICAN ENERGY CORP.
* Houston American Energy: Transformative Cleantech Pivot With Cautious Investment Outlook [https://seekingalpha.com/article/4806934-houston-american-energy-transformative-cleantech-pivot-with-cautious-investment-outlook]
* Houston American Energy secures $5 million in strategic financing to acquire Texas Gulf Coast Development Site [https://seekingalpha.com/news/4466819-houston-american-energy-secures-5-million-in-strategic-financing-to-acquire-texas-gulf-coast-development-site]
* Financial information for Houston American Energy Corp. [https://seekingalpha.com/symbol/HUSA/income-statement]
Houston American Energy reports first revenue from State Finkle Unit wells
Published 1 month ago
Sep 25, 2025 at 12:49 PM
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