Horizon Petroleum Successfully Completes Lachowice 7 Well Workover and Advances to Production Testing

Original announcement by orestocks on

Company
Horizon Petroleum Ltd.
Ticker
HPL.V
Exchange
Unavailable
Region
southern Poland
Primary commodity
Natural gas
Secondary commodities
None reported
Document categories
Drill results, Other
Extracted
2026-09-14 11:49:19 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Horizon Petroleum has completed a workover on the Lachowice 7 well in Poland, perforating 35 metres of a carbonate reservoir. The company observed significant fluid losses and gas kicks, suggesting good fracture connectivity, and plans to begin acid stimulation and production testing around September 23, 2026.

Reasoning: The company successfully completed a workover on the Lachowice 7 well, expanding the perforated interval and observing signs of high permeability, which sets the stage for upcoming production testing.

Positive factors

  • Successful completion of well workover
  • Expanded reservoir exposure via new perforations
  • Encouraging indications of fracture connectivity (fluid losses and gas kicks)
  • Strong historical flow rates (8.9 MMcf/d)

Negative factors

  • Upcoming production testing is still pending

Facts used in scoring: 2

Classification and evidence

Step-Out Extensionpositive · Story-specific tag

Mineralization extended beyond the previously known limit.

Why it applies: The workover included 14 metres of reservoir that had not previously been perforated, expanding the available interval.

Evidence · text

“including approximately 14 metres that had not previously been perforated, providing access to additional potentially productive reservoir”

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Drill Results (2)

Lachowice 7Lachowice · natural gasIntercept: 35 mView all details
Link to this fact

Identity

Hole ID
Lachowice 7
Project
Lachowice
Commodity
natural gas
Region
southern poland
Reported Region
southern poland
Ticker
HPL.V

Geometry

Intercept
35 m
From
2762 m
To
2820 m
Intercept Depth
2762 m

Classification

Sample Type
drill
Group ID
Lachowice 7:2762-2820

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: Successful perforation of 35m within a 58m interval, including new reservoir access.

Positive factors

  • New perforation of 14m previously untouched

Evidence · text

“A total of 35 metres of reservoir was perforated across a 58-metre interval, including approximately 14 metres that had not previously been perforated”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Lachowice 7LachowiceHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
Lachowice 7
Project
Lachowice
Region
southern poland
Reported Region
southern poland
Ticker
HPL.V

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
1999-01-01T00:00:00.000Z

Dates

Event date
2026-09-14T00:00:00.000Z

Reasoning: Historical flow rates from 1999 provide a benchmark for potential productivity.

Positive factors

  • High historical flow rates

Evidence · text

“the well achieved flow rates of up to 8.9 MMcf/d, including a sustained controlled flow of approximately 3.0 MMcf/d over a two-week period”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.