Houston American Energy Corp. (NYSE MKT: HUSA) announced that its Board of Directors has approved the exploration of strategic alternatives for the Company. The Company intends to engage an investment banking firm to assist in the evaluation of a broad range of financial and strategic alternatives, including, but not limited to, seeking additional financing to support the long-term development of its oil and gas properties, seeking financial and/or industry partners to participate in the development of its properties, selling some of or all of the Company's assets or interests in ...