HOUSTON AMERICN ENGY (HUSA) rated Speculative Buy with price target $25 by Canaccord Genuity
HOUSTON AMERICN ENGY (NASDAQ: HUSA)
rated Speculative Buy with price target $25 by Canaccord Genuity.
Houston American Energy Corp. (HUSA) is an oil and gas exploration and production company. The Company?s oil and gas exploration and production activities are focused on properties in the United States onshore Gulf Coast Region, principally Texas and Louisiana, and development of concessions in the South American country of Colombia. Its exploration projects are focused on existing property interests, and future acquisition of additional property interests, in the onshore Texas Gulf Coast region, Colombia and Louisiana. Each of the Company?s exploration projects differs in scope and character and consists of one or more types of assets, such as three-dimensional (3-D) seismic data, leasehold positions, lease options, working interests in leases, partnership or limited liability company interests or other mineral rights.
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