Houston American Energy (US:HUSA) Newsfilter·2024-06-17 21:00Group 1 - Houston American Energy Corp. plans to participate in the drilling of six wells in the State Finkle Unit located in the Wolfcamp formation in Reeves County, Texas, with each well having an approximate lateral length of 3 miles [3][4] - EOG Resources will act as the operator of the unit and is the principal working interest owner, while Houston American will hold approximately 0.0078 working interest in the unit [1][4] - The first well is scheduled to spud by June 30, 2024, with all six wells anticipated to be spud by September 1, 2024 [1][3] Group 2 - The estimated cost for Houston American to participate in the drilling program is approximately $600,000 [1][4] - Houston American Energy Corp. is based in Houston, Texas, and is a publicly-traded independent energy company with interests in oil and natural gas wells, minerals, and prospects [4][6]