=======================================================================
Re:   News Releases - Wednesday, July 15, 2009
      HIGH IMPACT LOWER WILCOX TARGETS ESTABLISHED AT NEW WAVERLY
      PROSPECT
=======================================================================

VANCOUVER, British Columbia -- July 15, 2009   -- PETRO HORIZON ENERGY
CORP. (TSXV.PHE), is pleased to announce significant findings from the
on going seismic program at New Waverly, San Jacinto County, Texas.

Petro Horizon Energy Corp. and SK & Company Oil and Gas, the operator,
have completed geophysical interpretation and evaluation of
approximately 40 miles of 2D seismic over the New Waverly prospect
area.  The New Waverly Prospect currently comprises approximately 4,200
acres.  Petro Horizon Energy Corp., through its wholly owned US
subsidiary, holds a 25% working interest over approximately 600 acres
and a 37.5 % working interest over the remainder of the prospect and
area of mutual interest. 

Emphasis was placed on the Lower Wilcox Formation which is the primary
productive interval in the New Waverly Field area, having produced in
excess of 13.5 Billion Cubic Feet (BCF) gas and 90,000 barrels of
condensate from a structure on immediately adjacent lands. Initial
production rates ranged from 3.1 million to 3.7 million cubic feet of
gas per day plus over 40 barrels of condensate per day.

Results of the geophysical interpretation of the seismic data indicate
three prospectively productive fault blocks within the Lower Wilcox
Formation. Leasing activity over the past several months has been
guided by this interpretation so as to assemble available acreage
necessary to control as much of the prospective structures as possible.
 Although still ongoing, most of the lease acquisition is now
completed.

The center fault block, in which the acreage has been 100% leased,
consists of approximately 1,000 acres and has a prospective recovery of
over 20 BCF gas and 250,000 barrels of condensate.  This center fault
block lies up-dip from the previously mentioned producing Wilcox
structure on immediately adjoining lands to the southwest where over
13.5 BCF gas and 90,000 barrels of condensate have been produced to
date. The upper fault block has prospective potential for 10 BCFG with
125,000 barrels of condensate, and the lower fault block, encompassing
1400 acres, has prospective potential for 28 BCFG with 300,000 barrels
of condensate. Actual potential recovery can only be ascertained by
drilling.

Whereas established Wilcox production further south/southwest and on
trend to New Waverly is geo-pressured and therefore costly to drill,
New Waverly Wilcox is "normal pressured" making drilling costs
significantly lower in this area.  A proposed well location has been
identified as our first Wilcox well on the center fault block. It is
anticipated that an Authorization For Expenditure (AFE) for the
drilling of this well will be completed within the next several weeks
together with a tentative schedule for location construction and
drilling.

Chris Wensley, CEO of the Company, reports that these findings
represent the largest prospective exploration targets in the history of
the Company.


Petro Horizon Energy Corp.

Petro Horizon Energy Corp. is an emerging oil and gas exploration and
production company building a high quality asset base in focused areas
throughout the United States.  In February 2009, the Company completed
a share consolidation of 1 new for eight old shares. Currently the
Company has 6,504,101 shares issued and outstanding. Petro Horizon
Energy continues to evaluate additional oil and gas production &
development and exploration properties as potential acquisitions. For
more information, please visit www.petrohorizonenergy.ca.


On Behalf of the board of directors,

"Christopher Wensley"
Christopher Wensley, President

Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.

=======================================================================
Copyright (c) 2009 HORIZON INDUSTRIES LTD. (HRZ)  All rights reserved.
For more information visit our website at
http://www.horizonindustriesltd.com/ or send
mailto:info@horizonindustriesltd.com
Message sent on Wed Jul 15, 2009 at 8:10:55 AM Pacific Time
=======================================================================
.
<