On Wednesday March 16th, 2014 (HORI) released the following news:
Horizon Energy Eyes Webb County Texas for Additional Drilling Prospects
“Horizon Energy Corporation (HORI (http://finance.yahoo.com/
Horizon Energy Corporation (OTCQB: HORI) helps meet the challenges of achieving national energy self-sufficiency by boosting low producing oil wells or bringing previously drilled reservoirs back online. According to the U.S. Department of Energy, the average oilfield only yields 30 – 35% of its potential. Horizon is dedicated to finding unconventional solutions to helping unlock the 89 billion barrels of additional oil trapped in onshore reserves.
Dramatic Upside Potential
Horizon Energy is seeking new field discovery wells where there is an extremely high ultimate return. Additionally, large profits can be realized by drilling low risk offset development wells in known reservoirs.
Long-term Economic Value
Although oil and gas wells eventually deplete, these properties often become more valuable with age, even after a large portion of their primary reserves has been produced. This is due to:
Shallower and deeper bypassed productive zones that can often be redeveloped.
New well completion, treatment and production techniques and secondary recovery that can lead to greatly increased field production.
Increased oil and gas prices.
Oil and gas investments are an excellent inflation hedge that can deliver increasing cash flow in an environment with rising price indices. Major oil companies, independents and individuals utilize oil and gas property auctions that are a stable and ready marketplace to buy and sell oil and gas properties, ranging from multi-well packages to fractional interests in a single well. At typical auctions, tens of millions of dollars will change hands.
Physical and Political Safety
Onshore oil and gas properties and reserves in the U.S. are physically and politically safe in a troubled world, the planet’s finest asset in the world’s safest place. Securely buried in reservoirs of rock thousands of feet underground, oil and natural gas cannot deteriorate, be stolen or destroyed.
Horizon Energy Corporation is a company engaged primarily in the acquisition, exploration and development of properties for the production of crude oil and natural gas, onshore in the United States.
We acquire known, underdeveloped oil and natural gas resources and develop them through the application of capital, sound engineering and modern technology to increase production, gain ultimate recoveries, or both.
To carry out this strategy, we work to generate and execute scalable, low unit cost, development and re-development opportunities that minimize or eliminate exploration risks. These opportunities involve the application of proven oilfield technology, our own proprietary technology and our specific expertise in overlooked areas of the United States.
Who We Are
We are an independent oil and gas exploration company focusing on the fundamentals of company growth and profitability in an effort to enhance shareholder wealth. Our team is comprised of seasoned industry professionals. Our focus on growth is aimed at discovering new sources of oil and natural gas reserves, acquiring strategically significant properties and boosting cash flows using new oilfield technologies.
Horizon Energy intends to enhance shareholder value by focusing on the fundamental principles of the company, i.e. reserve growth and profitability. We have a three-pronged strategy to grow our pool of oil and gas reserves.
(HORI) Oilfield Technology
Horizon is dedicated to helping deliver safe, reliable energy management. Technology continues to drive our nation’s search for energy and entrepreneurial independent oil and natural gas operators will lead the way, provided the necessary R&D investments are made.
As an emerging leader in energy technology, Horizon offers a proven rod pump solution that can enhance production (including that of mature wells) through advanced extraction control.
The IntelliPumper is an automated oil and gas field solution that can become part of a larger, integrated system known as the digital or Smart Oil/Gas Field. The IntelliPumper can be deployed as a stand-alone pump control solution or as part of an overall Smart Oil/Gas Field strategy.
Advanced Oil Recovery
Horizon’s mission is to help revitalize American oilfields using proprietary, proven and specific techniques. A a set of techniques is used to stimulate and extract remaining oil from previously drilled reservoirs where primary and secondary extraction methods have taken place. Industry recovers around 35% of oil from reservoirs. The rest remains trapped in the rock. EOR
These techniques have proven worthwhile in several areas of the United States, including Utah, Texas and Mississippi.
Three major categories of oil recovery have been found to be commercially successful. These are thermal recovery, gas injection and chemical injection. Each field must be heavily evaluated to determine which type of technique will work best on the reservoir.
Waterflooding is the use of water injection to increase the production from oil reservoirs. The use of water to increase oil production is known as “secondary recovery” and typically follows “primary production,”
(HORI) Management Team
CEO/ Corporate Secretary
Pursuant to an agreement between us and SPOT MARKETING LLC, we were hired for a 5 day period beginning on 4/13/14 and ending on 4/17/14 to publicly disseminate information about Horizon Energy Corp. , including on the Website and other media including Facebook and Twitter. We expect to be paid up to $150,000 for or were paid zero shares of unrestricted or restricted common shares. We own zero shares of Horizon Energy Corp. , which we purchased in the open market. We plan to sell the shares of Horizon Energy Corp. that we hold during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of Horizon Energy Corp. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favourable Information about Horizon Energy Corp.