=======================================================================
Re: News Releases - Thursday, February 12, 2009
NEW WAVERLY UPDATE -- PRESIDENT INCREASES OWNERSHIP IN HORIZON
=======================================================================
VANCOUVER, British Columbia -- February 12, 2009 -- Horizon Industries
Ltd. (TSXV:HRZ), is pleased to provide an update on upcoming operations
at the New Waverly Prospect in San Jacinto County, Texas.
The Hammond #1 well, which was placed on line to sales on September 28,
2007 with production from the secondary target sands and shut-in in
October 2008, is being scheduled for well maintenance and perforation
and testing of the primary target sands. This work is anticipated to
commence in the last week of February, 2009.
The Company also announces that its President, Christopher Wensley,
through recent purchases of its stock through the facilities of the TSX
Venture Exchange, has direct beneficial ownership of 2,996,500 shares
of the Company and indirect control of 175,000 shares. Christopher
Wensley currently directly owns and indirectly controls a total of
3,171,500 shares representing 11.57% of the current issued shares of
the Company. The above securities were acquired by Mr. Wensley for
investment purposes only.
On Behalf of the board of directors,
"Christopher Wensley"
Christopher Wensley, President
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of this News
Release. WARNING: The Company relies on litigation protection for
"forward looking" statements. Actual results could differ materially
from those described in the news release as a result of numerous
factors, some of which are outside the control of the Company.
=======================================================================
Copyright (c) 2009 HORIZON INDUSTRIES LTD. (HRZ) All rights reserved.
For more information visit our website at
http://www.horizonindustriesltd.com/ or send
mailto:info@horizonindustriesltd.com
Message sent on Thu Feb 12, 2009 at 11:55:02 AM Pacific Time
=======================================================================
.
<
|
Petro Horizon Energy Corp.
|
|
EXPLORATEUR |
|
CODE : PHE.V |
|
ISIN : CA7164501016 |
|
|
| |
ProfilIndicateurs
de MarchéVALEUR :
Projets & res.Communiqués
de PresseRapport
annuelRISQUE :
Profile actifsContactez la cie |
Petro Horizon Energy est une société d’exploration minière et de pétrole basée au Canada. Ses principaux projets en exploration sont NEW WAVERLY PROSPECT et FUNK PROSPECT en USA. Petro Horizon Energy est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 2,0 millions CA$ (2,0 millions US$, 1,6 millions €). La valeur de son action a atteint son plus bas niveau récent le 16 janvier 2009 à 0,01 CA$, et son plus haut niveau récent le 19 mars 2010 à 0,48 CA$. Petro Horizon Energy possède 6 504 000 actions en circulation. |