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Company Profile for Horizon Industries Ltd.


Energy Editors/Business Editors

--(BUSINESS WIRE)

Horizon Industries Ltd. is an emerging oil & gas exploration and development company established to attain ongoing, significant production revenues. The company acquires participation in properties of merit on an 80% development, 20% exploration basis with focus on the prolific U.S. Gulf Coast. Horizon's current project portfolio comprises one significant exploration property and participating interest in two development properties.

On the exploration front, Manahuilla Creek Prospect in Goliad County, Texas Goliad County is a county located in the U.S. state of Texas. As of 2000, the population is 6,928. Its county seat is Goliad6. Goliad is named for the Mexican Municipality of Goliad, which in turn is named for Father Miguel Hidalgo; "Goliad" is an anagram of Hidalgo, , totals approximately ap·prox·i·mate  
adj.
1. Almost exact or correct: the approximate time of the accident.

2.
 1,265 acres located just four miles south of the successful Predido Creek Field. Horizon is the largest stakeholder stakeholder n. a person having in his/her possession (holding) money or property in which he/she has no interest, right or title, awaiting the outcome of a dispute between two or more claimants to the money or property.  with a 26.67% participating interest. The first test well has been drilled and the decision has been made to complete this well. There are potentially nine additional development gas wells planned at Manahuilla Creek.

The company's other two development properties, an oil prospect in Louisianna and gas prospect in Texas, are set to commence operations before summer 2004.

Company:                Horizon Industries Ltd.

Headquarters Address:   999 W. Hastings St., Suite 525
                        Vancouver, British Columbia V6C 2W2
                        Canada

Main Telephone:         604-689-1810

Website:                www.horizonindustriesltd.com

Ticker:                 HRZ (TSX)

Type of Organization:   Public
                        Both PR/IR Agency

Industry:               Energy

Key Executives:         President: Jim Romano
                        Director: Patrick Forseille

Communications
    Contact:            Chris Wensley
    Phone:              604-689-1810
    Email:              info@horizonindustriesltd.com

President
    Contact:            Jim Romano
    Phone:              604-689-1810
    Email:              info@horizonindustriesltd.com
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 28, 2004
Words:222
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