Horizon Petroleum Ltd.

Horizon Petroleum announces today that it will not be proceeding with its previously announced offering as certain conditions of the Offering were not met by the required dates. The Company had delivered an Amended and Restated Undertaking to the Executive Director of the Alberta Securities Commission in connection with the Company's final short form base shelf prospectus dated May 22, 2025. The Amended Undertaking [...]

Horizon Petroleum is pleased to announce that it has delivered an Amended and Restated Undertaking to the Executive Director of the Alberta Securities Commission in connection with the Company's final short form base shelf prospectus dated May 22, 2025. The Amended Undertaking replaces and supersedes the undertaking originally provided on April 29, 2025. The amendment was requested by Horizon to accommodate closing of its [...]

Horizon Petroleum is pleased to announce that it has entered into a commercially reasonable efforts agreement with a syndicate of agents, led by Haywood Securities, pursuant to which the Agents have offered to sell, on a commercially reasonable efforts agency basis, up to 75,000,000 units at a price of $0.10 per Unit for aggregate gross proceeds to the Company of up to $7.5 million. Each Unit will be comprised of one [...]

Further to our press release dated June 2, 2025, Horizon Petroleum is pleased to provide a further operations update on progress made towards first production from its cornerstone Lachowice gas development in the Bielsko-Biala concession, southern Poland. David Winter, CEO of the Horizon commented: "We are pleased that all permits and approvals for the L7 workover operation have been received on schedule and we continue [...]

Horizon Petroleum is pleased to provide an operations update on progress made towards first production from its cornerstone Lachowice gas development in the Bielsko-Biala concession, southern Poland. David Winter, CEO of the Horizon commented: " We are pleased with the continuing progress in our operations towards first production from the Lachowice 7 well. Board and Management recognise the efforts of our operating team [...]

Horizon Petroleum Ltd. is ‎pleased to announce that, subject to TSX Venture Exchange acceptance, it has closed a Secured Non-Convertible Debenture of 720,000 debenture units of the company at a price of $1 per unit, for aggregate gross proceeds of $720,000. Eight investors subscribed for the financing. Each unit consists of an aggregate of $1 principal amount of secured subordinated debentures and 5 common share [...]

Horizon Petroleum Ltd. is ‎pleased to announce that, subject to TSX Venture Exchange acceptance, it intends to complete a non-brokered private placement of up to 720,000 debenture units of the company at a price of $1 per unit, for aggregate gross proceeds of up to $720,000. Each unit consists of an aggregate of $1 principal amount of secured subordinated debentures and 5 common share purchase warrants. The debentures [...]

Horizon Petroleum Ltd. is pleased to provide a corporate update on its progress on executing its programs in the Bielsko-Biala and Cieszyn concessions. The Company has previously reported on its progress in its operations at the Lachowice gas development in the Bielsko-Biala concession where we have commenced operations on the initial development of the field. The field has assigned 2P net reserves of 34 BCF and 164 BCF [...]

Horizon Petroleum Ltd. is ‎pleased to announce that 9,160,000 warrants with an exercise price of $0.075 that were due to expire on March 1 and March 28, 2025 have all been exercised. The proceeds from the exercise received by the Company totaled $687,000. The Company now has 55,893,364 common shares outstanding. The company also announces that subject to TSX Venture Exchange acceptance, the Company has entered into a [...]

Horizon Petroleum is pleased to provide an operations update on progress made towards first production from its cornerstone Lachowice gas development in the Bielsko-Biala concession, southern Poland. Since being granted the Cieszyn and Bielsko Biala licences on November 19, 2024 by the Polish government, the Company has been preparing for the planned workover at the Lachowice 7 well and subsequent installation of an early [...]