Responsible Development to Increase Domestic Energy Supplies and Enhance Energy Security in Europe
Horizon is a Canadian publicly listed company on the TSX-Venture Exchange. Our goal is to responsibly build a European natural gas-weighted company to increase the domestic natural gas supplies in the countries where we operate and to enhance their energy security. Led by an experienced management team and Board of Directors with world-wide experience, including Poland with a track record of reserve, production and corporate growth. Horizon’s Lachowice gas development in the Bielsko-Biala Concession in southern Poland is the cornerstone of a long-term growth strategy targeting significant reserve and acreage positions in proven basins with high natural gas demand and access to existing pipeline and energy infrastructure.
Horizon has acquired a 100% interest in two highly prospective concessions; the Bielsko Biala and Cieszyn Concessions. These cover over 1,100km2 in the foreland of the Carpathian Mountains. The Bielsko-Biala Concession holds one of the largest undeveloped gas fields in Poland, the Lachowice gas field. The Lachowice Field has the potential to produce over 10% of the current domestic gas production in Poland thus having the capacity to enhance Poland’s security of energy supply. Full details of the natural gas reserves and potential resources are contained in our corporate presentation. We will employ a phased development approach to unlock the value of the field. The initial phase of development is to re-enter the existing Lachowice 7 well and place on production into a gas to power facility. First production and cashflow from the well is targeted for end 2025/beginning 2026.