In 2022, Horizon Energy Global Corporation (Horizon) was organized as a holding company to own and manage its predecessor limited liability companies. Since 2015, these companies have been engaged in technology driven, high impact conventional hydrocarbon exploration in prolific hydrocarbon basins, both in the United States and internationally. Over the past two years, Horizon has refocused its corporate purpose, recasting itself as an independent energy transition company.

The company’s origins are in the traditional oil and gas exploration, development and production business. Its two top executives have had successful executive and operational careers, each spanning over 40 years domestically and internationally, onshore and offshore. In early 2023, Horizon commenced its corporate transformation by launching a new subsidiary, NexGen Carbon Solutions, LLC, to identify and develop strategic U.S. domestic point source carbon capture and storage (CCS) projects. The knowledge and expertise required to find, assemble, execute and operate oil and gas projects are uniquely suited to the development of point source CCS projects.

CCS is now Horizon’s primary core business and the company has opted not to pursue new hydrocarbon exploration and development opportunities. However, Horizon intends, in an environmentally responsible manner, to manage and support until completion and eventual monetization its world-class North Sea natural gas exploration project.

Notwithstanding its new corporate orientation, Horizon believes there is a continuing need for the discovery, development and production of hydrocarbons to support the demands of an expanding global population, whose energy requirements for future decades are expected to exceed available energy supplies provided by renewables and other alternative energy sources.

It is widely recognized that the rapid rate of climate change presents a serious challenge to the future quality of life of mankind. Horizon believes that a multi-faceted approach will yield the most benefit in achieving the global ambition to substantially mitigate negative carbon impacts. This path includes developing additional renewable energy resources, adopting innovative technologies applied to existing traditional energy sources and engaging in new disruptive energy technologies, as well as more fully embracing conservation. Furthermore, of significant and requisite importance is facilitating extensive global CO2 sequestration.

By capturing and permanently storing large quantities of CO2 in secure underground reservoirs,  Horizon aims to be an essential and consequential contributor and participant in the abatement of adverse climate impacts induced by fossil fuel use.

The company is excited at being at the forefront of a new energy “Horizon”.