Horizon Petroleum Announces Updated NI51-101 Reserves and Resources Report for Poland

CALGARY, AB, Dec. 5, 2022 /CNW/ - Horizon Petroleum Ltd. (the "Company" or "Horizon") (TSXV:HPL-H.VN) is pleased to report the results of a recent independent reserve and resource evaluation ("Reserves Report") on the Lachowice conventional natural gas field in the Bielsko-Biala concession in southern Poland.  The Reserves Report has an effective date as of October 01, 2022 and was prepared in compliance with the standards set out in National Instrument 51-101 of the Canadian Securities Administrators and the Canadian Oil and Gas Evaluation Handbook (COGEH).