Summary

Horizon Energy Global Corporation is a new generation independent energy transition company, participating both in carbon capture and storage projects that mitigate climate change and traditional natural gas and oil exploration and production. Horizon's primary corporate objective is to generate a high return on equity from its two primary core asset areas (i) a sizeable carbon capture and storage project being developed by Horizon in northeastern Oklahoma to permanently store CO2 underground and sell carbon credits as offsets directly to industrial emitters and others; and (ii) the United Kingdom sector of the North Sea where Horizon has an attractive portfolio of high impact natural gas exploration prospects. Horizon also has oil production in California.

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History

Horizon was formed in July 2022 through a combination of two affiliated companies that were established in 2015 and 2019 respectively. Since inception these predecessor companies invested substantial capital into hydrocarbon exploration, development and production activities. In May 2023, Horizon formed a carbon capture and storage subsidiary, NexGen Carbon Solutions, LLC, with the intent to become a major player in the rapidly developing carbon capture and storage industry and to take advantage of a unique opportunity identified by Horizon.

Watch a Video of the Company Purpose and History Above

History

The Company was formed in July 2022 through a combination of two affiliated companies that were established in 2015 and 2019 respectively. Since inception these predecessor companies invested substantial capital into hydrocarbon exploration, development and production activities.

In May 2023, the Company formed a CCS subsidiary, NexGen Carbon Solutions, LLC (NexGen), with the intent to become a major player in the rapidly developing CCS industry and to take advantage of a unique opportunity identified by the Company.