On November 11, 2020, James Schoonover announced Houston American Energy Corp. that he would be stepping down as Chief Executive Officer of the Company, effective December 1, 2020. Mr. Schoonover will continue to serve as a director of the Company. The company’s board of directors has selected John Terwilliger to serve as Chief Executive Officer of the Company, effective upon Mr. Schoonover’s resignation on December 1, 2020. Mr. Terwilliger is the company’s founder, served as President, Chief Executive Officer and Chairman of the Company from its founding in 2001 until 2015 and has continued to provide oil and gas prospect and operations services to the Company on an as needed basis since 2015.