Horizon Industries Ltd.
TSX VENTURE : HRZ

Horizon Industries Ltd.

September 20, 2007 11:17 ET

Pan American's Executives Join Horizon's Board and Operating Management Team

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 20, 2007) - Horizon Industries Ltd. (Horizon) (TSX VENTURE:HRZ), is pleased to announce that Mr. Larry Hargrave, CEO and co-founder of Pan American Production Company ("Pan American") of Houston, Texas, has joined Horizon's Board of Directors and accepted the role of Senior Vice President. Additionally, Mr. Denver Gartner, President and co-founder of Pan American has assumed the role of Chief of Exploration and Operations at Horizon.

Larry Hargrave, CEO of Pan American, graduated from Lamar University in 1973, with a degree in Geology. Earlier in his career, Mr. Hargrave was chief geologist for Damson Oil in the Rocky Mountains, where he supervised the geology, drilling and development of several thousand wells in Montana. In addition, Mr. Hargrave has designed and installed significant gas gathering systems in South Texas as well as vapor recovery systems in gas condensate reservoirs in Siberia. Utilizing his extensive drilling, and downhole experience, Mr. Hargrave has been very successful not only in new completions but also in identifying bypassed potential production, reentering, and reengineering well bores and surface facilities to develop and improve net cash flows.

Denver Gartner, President of Pan American, received his BS in geology from the University of Southern California in 1978. Upon graduation Mr. Gartner went to work for Ferguson and Bosworth in Bakersfield, California, a very successful private independent oil and gas exploration company. Ferguson and Bosworth had production in California, Texas, Nevada, Louisiana, and Wyoming. Mr. Gartner trained in the areas of deep, high risk, high potential Lower Cretaceous trends, such as the Woodbine, Edwards shelf edge, Sligo shelf edge, and West Texas Devonian trend. Mr. Gartner generated over one dozen 100 BCF prospects as a staff geologist, partner and participant. Major independent oil companies including: Amerada Hess, Pennzoil, Transco, Texoma and King Ranch Oil and Gas, acquired participating interests in many of these projects. The highlight was participation in a 100 BCF discovery in Chocolate Bayou Field in Brazoria County, Texas. An independent in the 1990's, Mr. Gartner's focus shifted to include shallower, seismic amplitude and stratigraphic plays in the Yegua, James Lime, Miocene and Frio formations resulting in discoveries in Wharton, Lavaca and Maverick Counties, Texas.

In 2003, Mr. Hargrave and Mr. Gartner joined to form Pan American Production Company. Together, Mr. Hargrave and Mr. Gartner combined their diverse experience to identify areas having low initial risk, while also providing the opportunity to create significant high potential by application of exploratory techniques. Since its inception, Pan American has brought twelve wells into production and secured land positions totaling approximately 30,000 acres resulting in a successful company with strong development potential.

Christopher Wensley, President and CEO of Horizon comments, "We are very pleased with and welcome the commitment of Mr. Hargrave and Mr. Gartner to the success and growth of Horizon Industries Ltd. Their addition to our board and management bring not only credentialed geological professionalism and experience to Horizon, but also strong local knowledge and understanding of oil and gas exploration and development in the US and particularly, South Texas where the Company has focused the majority of its activity. The union between Pan American and Horizon is a compliment that we feel greatly strengthens Horizon and the realization of our growth prospects. We expect this to become particularly evident as we proceed with the development of New Waverly and the initial proposed 45 well drilling program now underway."

The Company also announces the granting of 475,000 incentive stock options to two directors and two consultants, at an exercise price of $0.35 per unit.

Pan American Production Company, Inc.

Pan American is an oil and gas production company specializing in low risk oil and gas prospects where opportunity exists to generate high return through production enhancement and application of exploration techniques. Pan American currently holds production and prospects covering approximately 30,000 acres in Texas.

Horizon Industries Ltd.

Horizon Industries Ltd. is an emerging oil and gas exploration and production company building a high quality asset base in focused areas throughout the United States. For more information, please visit www.horizonindustriesltd.com

On Behalf of the board of directors,

Christopher Wensley, President

WARNING: The Company relies on litigation protection for "forward looking" statements. Actual results could differ materially from those described in the news release as a result of numerous factors, some of which are outside the control of the Company.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.

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