Horizon Petroleum: Funding, Investors & Team (Sep 2026)
Horizon Petroleum Ltd. is a company that explores and develops oil and gas, trading on the TSX Venture Exchange under the symbol HPL. In July 2013, shareholders approved changing the company's name from Acadia Resources Corp to Horizon Petroleum Plc. This transition marked the beginning of shifting Acadia Resources Corp from a Canadian mining company to an oil and gas exploration and development company. The company's Directors and management team have significant experience in creating value for shareholders in the oil and gas industry, particularly in international markets. The Board and management team were established in November 2014 with a focus on acquiring oil and gas projects at the appraisal and development stage. Recently, Horizon has shifted its strategy to focus on developing gas in Europe by acquiring the Luxembourg subsidiaries of PMI Resources, which hold a 100% working interest in two hydrocarbon licenses in southwest France known as Ledeuix and Ger, covering approximately 171,520 acres.
Horizon Petroleum has raised $840k across 3 funding rounds on record, the most recent an undisclosed round of $220k announced in May 2026.
That round is below the $2.2M median round size for Natural Resources companies tracked on FundedIQ over the last two years.
Horizon Petroleum Company Profile and Key Stats
Latest funding round on record: May 2026.
Horizon Petroleum Funding Rounds
Horizon Petroleum raised $140k in an undisclosed round announced in Jan 2025.
3 months later, an undisclosed round of $480k was announced in Apr 2025.
1.1 years later, an undisclosed round of $220k was announced in May 2026.
Horizon Petroleum Founders and Leadership Team
Contact details for the Horizon Petroleum team: 1 has a LinkedIn profile.
Start 14-day free trial →Horizon Petroleum Funding Compared to Other Natural Resources Startups
Horizon Petroleum's latest round of $220k is below the median round in Natural Resources. Medians cover the last 24 months of disclosed rounds.
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Horizon Petroleum Funding FAQs
What does Horizon Petroleum do?
Horizon Petroleum Ltd. is a company that explores and develops oil and gas, trading on the TSX Venture Exchange under the symbol HPL. In July 2013, shareholders approved changing the company's name from Acadia Resources Corp to Horizon Petroleum Plc. This transition marked the beginning of shifting Acadia Resources Corp from a Canadian mining company to an oil and gas exploration and development company. The company's Directors and management team have significant experience in creating value for shareholders in the oil and gas industry, particularly in international markets. The Board and management team were established in November 2014 with a focus on acquiring oil and gas projects at the appraisal and development stage. Recently, Horizon has shifted its strategy to focus on developing gas in Europe by acquiring the Luxembourg subsidiaries of PMI Resources, which hold a 100% working interest in two hydrocarbon licenses in southwest France known as Ledeuix and Ger, covering approximately 171,520 acres.
How much funding has Horizon Petroleum raised?
Horizon Petroleum has raised $840k across 3 rounds on record. The most recent is an undisclosed round of $220k announced in May 2026.
When did Horizon Petroleum last raise funding?
Horizon Petroleum's most recent funding round on record is an undisclosed round of $220k, announced in May 2026.
Who founded Horizon Petroleum?
FundedIQ lists Aladin Sass (Founder), David Robinson (Founder), John Lu (Founder) at Horizon Petroleum.
Where is Horizon Petroleum headquartered?
Horizon Petroleum is based in Calgary, Alberta, Canada.
How many employees does Horizon Petroleum have?
Horizon Petroleum is in the 1-10 employee band.
How does Horizon Petroleum's funding compare to other Natural Resources startups?
Horizon Petroleum's latest round of $220k is below the $2.2M median round size for Natural Resources companies on FundedIQ across 620 tracked companies over the last two years.
About FundedIQ's Horizon Petroleum Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Horizon Petroleum is left off this page rather than filled in.
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