Origins in Dallas, Texas
The precursor of HORN RESOURCES originated in Dallas, establishing the early foundation for a family-owned resource-sector business.
HORN RESOURCES
HORN RESOURCES is a family-owned holding company evaluating opportunities across oil, gas, mining, precious metals, and critical minerals.
Company Timeline
The precursor of HORN RESOURCES originated in Dallas, Texas in 1921, then moved to Kilgore in 1931 after the discovery of the 2-billion-barrel East Texas oilfield. After building several successful businesses in East Texas, HRC founder Ancel A. Horn expanded the business to California at the start of the World War II business expansion.
The second generation of the family-owned HRC graduated from USC in Geological Sciences. Ancel D. Horn was employed by ExxonMobil as an exploration geologist, where he trained in the California offshore, North Sea, Texas, Nigeria and Middle East development plays. Working from Seattle, he played a significant role in the discovery of the Prudhoe Bay field.
HRC opened an office in 1979 in Seattle to assist Canadian companies in Vancouver and Calgary with investment in the USA during the oil boom of that period. During this boom period, HRC raised substantial capital from Canadian public companies and private European investors.
In the years that followed, HRC funded and drilled more than 30 primarily development wells in Ohio and West Virginia, along with exploration wells in Louisiana, Colorado, Wyoming, Montana, and Texas. HRC also raised funds for a small Permian Basin program in West Texas. Today, HRC mine projects include gold mines in Honduras, Costa Rica and Bangladesh. Mapping in Southern Nevada included lithium, cobalt and other critical minerals. HRC currently operates from the mining district near New River, Arizona.
The precursor of HORN RESOURCES originated in Dallas, establishing the early foundation for a family-owned resource-sector business.
The business moved to Kilgore after discovery of the 2-billion-barrel East Texas oilfield and built several successful businesses in East Texas.
Founder Ancel A. Horn expanded the business to California at the start of the World War II business expansion.
Ancel D. Horn graduated from USC in Geological Sciences and worked as an ExxonMobil exploration geologist with training across California offshore, North Sea, Texas, Nigeria and Middle East development plays.
HRC opened a Seattle office to assist Canadian companies in Vancouver and Calgary with investment in the USA during the oil boom of that period.
HRC funded and drilled more than 30 primarily development wells in Ohio and West Virginia, with additional exploration wells in Louisiana, Colorado, Wyoming, Montana and Texas, plus a small Permian Basin program in West Texas.
HRC mine projects include gold mines in Honduras, Costa Rica and Bangladesh. Mapping in Southern Nevada included lithium, cobalt and other critical minerals. HRC currently operates from the mining district near New River, Arizona.
Experience & Interests
Reviewing oil and gas prospects, lease positions, and resource-sector opportunities.
Evaluating mining and precious-metals projects and related opportunities.
Assessing lithium, cobalt, and other critical mineral opportunities with long-term relevance.
Contact
Use the email link below to contact HORN RESOURCES about prospective deals, project evaluation, or resource-related opportunities.
Family-owned holding company evaluating resource, mining, and mineral opportunities.