GULFPORT, Miss.--(BUSINESS WIRE)--Horizon Energy Corporation (OTCQB:HORI) announces the company’s Intellipumper will be placed in operation at its East Texas site on the Holmes Oil Unit Number 1 in Cherokee County, Texas. The Intellipumper is a rod pump control solution that optimizes the reliability and energy efficiency of pump wells. As an emerging leader in the discovery and recovery segments of the oil and gas industry, use of this technology is in accordance with Horizon’s philosophy of achieving maximum production from existing resources.
“The Intellipumper will improve the performance of each individual stroke of the pump, maximizing production and reducing mechanical stress. The result is a potential for significant savings and maximization of shareholder value,” said Robert Bludorn, President and CEO of Horizon Energy Corporation.
The Intellipumper was designed for today’s digital oilfield and comes ready for use, featuring simple, cable-free installation, integrated supervisory control and data acquisition (SCADA) communications, wireless control and low maintenance in a rugged, self-contained unit. The Intellipumper can be used to meet the needs of a variety of well types as an independent system or combined with other technologies for a complete digital oilfield solution.
For more information about the Horizon Energy Intellipumper, please visit the company’s website at www.horizonenergyusa.com.
About Horizon Energy Corporation
Horizon Energy Corporation was incorporated in the state of Wyoming in 2010. Its business model and scope of operation includes traditional and nontraditional energy sector opportunities. It is currently in the business of acquiring, discovering and developing oil and gas properties.
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