HORIZON PETROLEUM ANNOUNCES RECEIPT OF FINAL CONCESSION DOCUMENTATION FOR THE BIELSKO-BIALA AND CIESZYN CONCESSIONS IN POLAND

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HORIZON PETROLEUM ANNOUNCES RECEIPT OF FINAL CONCESSION DOCUMENTATION FOR THE BIELSKO-BIALA AND CIESZYN CONCESSIONS IN POLAND /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } Canada NewsWire CALGARY, AB , Oct. 18, 2024 /CNW/ - Horizon Petroleum Ltd. (the "Company" or "Horizon") (TSXV: HPL.H) is pleased to report that further to its press release dated September 12, 2024 it has received from the Polish Ministry of Climate and Environment (" the Ministry") the final concession documentation for the award of the concessions Bielsko-Biala and Cieszyn ( the Concessions ) located in southwest Poland .  The Company has signed the documentation and submitted to the Ministry for signature by the Minister. As noted in its May 14, 2024 press release, the applications have been made through the Company's two wholly owned subsidiary companies in Poland which will be party to the concession licenses. About Horizon Petroleum Ltd. Calgary -based Horizon is focused on the appraisal and development of natural gas reserves and clean energy sources to increase energy independence and security in Europe . The Management and Board of Horizon consist of oil & gas, business and finance professionals with significant international experience. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains "forward-looking statements" or "forward-looking information" (collectively referred to herein as "forward-looking statements") within the meaning of applicable securities legislation. Such forward-looking statements include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Horizon. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that...

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