#Germany #Berlin #Horizon Petroleum #Tradegate

Horizon Petroleum Announces Tradegate Exchange Listing

Horizon Petroleum Ltd., a Calgary-based energy company focused on natural gas reserves, has achieved an important milestone by announcing its listing on the Tradegate Exchange in Germany. This strategic move allows Horizon to enhance its visibility across the European market, thereby enabling easier access for European investors to its shares.

Significance of the Listing

The listing on the Tradegate Exchange is not merely a procedural step; it represents a significant opportunity for Horizon Petroleum to broaden its shareholder base and solidify its presence in Europe. According to Dr. David Winter, the company's CEO, the listing is a critical component of Horizon's strategy as it continues to develop its asset base in the region. He emphasized that this platform will provide essential liquidity and increased interest in Horizon's initiatives, especially as the company aims to expand its gas development projects in Poland.

The Tradegate Exchange is known for being Europe’s most liquid retail exchange, managing an array of over 10,000 stocks and exchange-traded products (ETPs), which facilitates fast execution of securities orders. The company's new listing is said to grant myriad benefits, including improved market visibility, enhanced capital access, and a diverse investor base that encompasses both retail and institutional investors.

Strategic Plans in Europe

Horizon Petroleum's primary focus is the appraisal and development of the Lachowice gas field located in southern Poland’s Bielsko-Biala region. The company is gearing up to initiate first production and cash flow by late 2025 or early 2026. In conjunction with the listing, Horizon has also placed significant emphasis on constructing a tailored marketing and investor relations strategy in Europe through its partnership with Plutus, further aiding the company's outreach.

This venture reflects the management's confidence in tapping into Europe’s potential for energy independence, an increasingly relevant goal in today's global climate landscape.

Tradegate Exchange Overview

Established in 2000, Tradegate AG positions itself as a market specialist. As a liquidity provider, it is committed to advancing efficient trading practices. Investors benefit from fast and direct securities order execution, which is crucial for rapidly responding to market developments. The Exchange not only provides a platform for buying and selling shares but also enhances the credibility of the listed companies in the eyes of investors.

In addition to increasing visibility, listing on a regulated exchange like Tradegate ensures that Horizon adheres to high standards of transparency and governance. This is a compelling factor that can draw serious investors and further solidify market confidence in the company's prospects.

Conclusion

The listing on the Tradegate Exchange marks a transformative phase for Horizon Petroleum, offering the company a pathway to forge closer ties with European investors and to enhance capital access for its ongoing and upcoming projects. The move is poised to bring significant advantages in terms of liquidity, investor diversity, and increased engagement. As Horizon Petroleum progresses with its plans in the European energy landscape, it encapsulates a progressive step towards driving greater energy independence and security in the region.

In summary, Horizon Petroleum's strategic positioning and its commitment to transparency and growth could potentially pave the way for significant advancements in the natural gas sector, aligning with Europe’s long-term energy objectives.