SEC Filing Summary: Houston American Energy Corp.
Business Context and Reporting Period
This Form 8-K was filed by Houston American Energy Corp. on January 2, 2019. The report discloses a material event under Item 7.01 (Regulation FD Disclosure) regarding the leasing of company acreage located in East and West Baton Rouge Parishes, Louisiana. The filing was signed by James Schoonover, Interim Chief Executive Officer.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a corporate operational event rather than financial performance data.
Material Changes
- Asset Leasing: The Company announced the lease of its acreage in East and West Baton Rouge Parishes, Louisiana.
- Disclosure Method: Details regarding the lease are contained in a press release attached as Exhibit 99.1, which is incorporated by reference solely for the purpose of Item 7.01.
Guidance, Outlook, and Risks
The filing does not contain forward-looking guidance, management commentary on future outlook, or specific risk factors beyond the standard legal disclaimer. The information furnished in Item 7.01 is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not subject to the liabilities under that section.
Investor Verification Checklist
- Review Exhibit 99.1 (the attached press release) for specific terms of the acreage lease in Louisiana.
- Verify the impact of this lease on the Company's future revenue streams, as no financial impact is quantified in this 8-K.
- Confirm the current status of the Interim Chief Executive Officer and any potential changes in corporate leadership.