M&A
confidence high
sentiment positive
materiality 0.60
Houston American Energy acquires additional interest in Hupecol Meta, gaining 11% in Venus area
ABUNDIA GLOBAL IMPACT GROUP, INC.
- Acquired additional membership interest in Hupecol Meta LLC, which holds the 639,405 gross acre CPO-11 block in Colombia.
- Houston American now holds approximately 11% interest in the 69,128-acre Venus Exploration area.
- Holds approximately 5.5% interest in the remainder of the block (570,277 acres).
- Drilling operations on first well in Venus Exploration area are ongoing.
- The CPO-11 block covers almost 1,000 square miles with multiple identified leads and prospects.