Petro River to acquire Horizon Energy Partners' oil and gas interests (Scandinavian Oil-Gas Magazine)

Petro River to acquire Horizon Energy Partners' oil and gas interests

Published Dec 22, 2015

Petro River Oil Corp. updates the development progress of two separate oil and gas interests comprising approximately 28,000 acres in the Dorset area of Southern England. Petro River is currently a party to a conditional purchase agreement to acquire an interest in Horizon Energy.

The Dorset area is located just south of and adjacent to the giant Wytch Farm oil field, the largest onshore oil field in Western Europe, having produced approximately 500 million barrels of oil and 175 billion cubic feet of natural gas since first production in 1979.

Tags: Petro River Oil Corp.

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