Horizon Energy Corporation announced its project team is preparing to begin workover operations at Holmes Oil Unit Number 1 in Cherokee County, Texas. This comes on the heels of a joint operating agreement with Ponta E&P, LLP, to begin exploration in that group of oil and gas leases on 82.89 acres in the East Texas counties of Cherokee and Rusk.

The project with Ponta E&P, LLP is the first in Horizon's ongoing efforts to explore, develop and produce oil and gas in East and South Texas, and the partners have moved quickly to schedule the required equipment and services at the wellsite and commence operations within the coming days.

Tags: Horizon Energy