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Osage County, OK


Petro River is pursuing its core strategy in this well-known basin, drilling vertical wells in relatively shallow conventional legacy reservoirs using modern 3D seismic surveys. PTRC has acquired 106,000 acres in Osage County in an area that was the focus of a deeper horizontal play—that proved to be uneconomic—and has reprocessed 4650 square miles of … Continued

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Kern County, California


Petro River and Horizon collectively own a 41.25% working interest in oil and gas leases comprising approximately 7,000 acres, in the San Joaquin Basin in Kern County, California, covering the Kern County field redevelopment project. Horizon has a 27.5% working interest and Petro River a 13.75% working interest. The Kern County field was discovered in … Continued

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Grapevine Energy, LLC. California


Grapevine Energy, LLC (‘Grapevine’) is a wholly-owned subsidiary of Horizon. It was formed to acquire leasehold interests in Kern County, California and explore for and develop hydrocarbons thereon. Grapevine’s area of interest contains a significant hydrocarbon discovery (‘Discovery’) made in the fall of 2014 by a company of which the founder of Horizon was formerly … Continued

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Larne Basin, Northern Ireland


Due to historical political and geological issues, which now have been resolved, the Larne Basin remains the only Carboniferous Basin in Europe essentially untested for hydrocarbons. Through long-standing industry contacts, Horizon Energy was offered the opportunity to participate on favorable terms in the exploration and development of the Larne Basin through the acquisition of working … Continued

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Dorset, U.K.


Petro River and Horizon has interest in 26,000 acres adjacent to the giant Wytch Farm – the largest onshore oil field in Western Europe. Estimated prospective resources is no less than 20MM barrels of oil and 60B cubic feet of gas. Horizon owns a 10% interest with an option to acquire an additional 65 percent.

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Denmark


Horizon has contractual rights to participate for a 50% interest with Ardent Oil Limited (‘Ardent’), an experienced UK-based oil and gas prospect generating company, in four recently awarded offshore licenses granted to Ardent in the 7th offshore licensing round in Denmark. The licenses are all located in unique geological settings and require modest work programs. … Continued

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