Houston American Energy announces initial revenue from State Finkle Unit wells
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 25 2025
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Source: SeekingAlpha
Production Announcement: Houston American Energy and Abundia Global Impact Group have commenced production from the State Finkle Unit wells, marking the receipt of their first revenue.
Drilling Plans: The company plans to drill six wells with three-mile laterals in the Wolfcamp formation, with the first royalties received in September 2025.
Operator Information: EOG Resources is the operator and principal working interest owner of the State Finkle Unit.
Financial Developments: Houston American Energy has secured $5 million in strategic financing for acquiring a development site on the Texas Gulf Coast.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
