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Filing Details

Accession Number:: 0001209191-12-046014
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-09-18 17:09:21
Reporting Period:: 2012-09-14

Filing Date:: 2012-09-18
Accepted Time:: 2012-09-18 17:09:21
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1156041	Houston American Energy Corp	HUSA	Crude Petroleum & Natural Gas (1311)	760675953

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1337431	Brett Hendrickson	2305 Cedar Springs Rd., Suite 420 Dallas TX 75201		No	No	Yes	No
1541055	Nokomis Capital, L.l.c.	2305 Cedar Springs Rd., Suite 420 Dallas TX 75201		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.001 Par Value	Disposition	2012-09-14	62,147	$1.25	2,131,446	No	4	S	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnote

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.25 to $1.28,inclusive. The reporting person undertakes to provide to Houston American Energy Corp. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
The filing of this Form 4 shall not be construed as an admission that Nokomis Capital, L.L.C. ("Nokomis Capital") or Brett Hendrickson, the manager of Nokomis Capital, is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the Common Stock, $0.001 par value (the "Common Stock"), of the Issuer purchased by certain private investment funds and manged accounts advised by Nokomis Capital (collectively, the "Nokomis Accounts"). Pursuant to Rule 16a-1, both Nokomis Capital and Mr. Hendrickson disclaim such beneficial ownership.
Nokomis Capital holds indirectly 4,018,238 shares of Common Stock of the Issuer through the Nokomis Accounts, for which Nokomis Capital is the Investment Manager. Such shares of Common Stock consist of (i) 2,131,446 shares of Common Stock and (ii) warrants exercisable to purchase 1,886,792 shares of Common Stock. Brett Hendrickson reports the Common Stock held indirectly by Nokomis Capital because, as the manager of Nokomis Capital at the time of purchase, he controlled the disposition and voting of the securities.