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): July 6, 2006 HOUSTON AMERICAN ENERGY CORP. ----------------------------- (Exact name of registrant as specified in Charter) Delaware 0-33027 76-0675953 --------------------------------- --------------------- ------------------- (State or other jurisdiction (Commission File No.) (IRS Employer of incorporation or organization) Identification No.) 801 Travis Street, Suite 2020 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)) 1 Item 8.01. Other Events. As previously disclosed under Form 8-K, dated April 28, 2006, Houston American Energy Corp. (the "Company") sold 5,533,333 shares (the "Shares") of common stock for $16,599,999. In connection with the sale of the Shares, the Company paid commissions totaling $1,162,000 and issued a warrant to purchase 415,000 shares of common stock at $3.00 per share. The Company's pro forma stockholders' equity, giving effect to the sale of Shares and payment of commissions, as of March 31, 2006, was $16,056,224. Item 9.01. Financial Statements and Exhibits Exhibit No. Description 99.1 Code of Business Ethics 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: July 6, 2006 By: /s/ John Terwilliger John Terwilliger, President and Chief Executive Officer 2