-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TdssCSpNvQta77heFpEBdIiTLRAm8GTanPBQMa4W9dubS9iI9x/W/pY5oxl4y5hb h09KFwq1YJx2MudjIw6XQg== 0001140361-08-008317.txt : 20080401 0001140361-08-008317.hdr.sgml : 20080401 20080401160719 ACCESSION NUMBER: 0001140361-08-008317 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080324 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20080401 DATE AS OF CHANGE: 20080401 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HOUSTON AMERICAN ENERGY CORP CENTRAL INDEX KEY: 0001156041 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 760675953 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32955 FILM NUMBER: 08729501 BUSINESS ADDRESS: STREET 1: 801 TRAVIS STREET, SUITE 2020 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7132226966 MAIL ADDRESS: STREET 1: 801 TRAVIS STREET SUITE 2020 CITY: HOUSTON STATE: TX ZIP: 77002 8-K 1 form8k.txt HOUSTON AMERICAN ENERGY CORP 8K 3-24-2008 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): March 24, 2008 HOUSTON AMERICAN ENERGY CORP. ---------------------------------------------------------- (Exact name of registrant as specified in Charter) Delaware 1-32955 76-0675953 - ------------------------------- ---------------- ---------------- (State or other jurisdiction of (Commission (IRS Employer incorporation or organization) File No.) Identification No.) 801 Travis Street, Suite 1425 Houston, Texas 77002 -------------------------------------------------------- (Address of Principal Executive Offices)(Zip Code) 713-222-6966 ----------------------------- (Issuer Telephone number) ---------------------------------------------------------------- (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 24, 2008, Houston American Energy Corp.'s Compensation Committee approved, and the full board ratified, the payment of bonuses to members of management as follows: Name Position Amount ------------------- -------------------------------------- --------- John F. Terwilliger President and Chief Executive Officer $675,000 James J. Jacobs Chief Financial Officer 75,000 The bonuses will be payable as sale proceeds are received from the anticipated sale of the company's interest in the Cara Cara prospect in Colombia. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. HOUSTON AMERICAN ENERGY CORP. Dated: March 31, 2008 By: /s/ John Terwilliger John Terwilliger, President and Chief Executive Officer -----END PRIVACY-ENHANCED MESSAGE-----