Horn Petroleum Corporation Provides Corporate Update

Horn Petroleum Corporation ("Horn Petroleum" or the "Corporation") (TSX
VENTURE:HRN) reports that it has granted an aggregate of 3,935,000 incentive
stock options, 3,350,000 of which were granted to certain officers and directors
of the Corporation. The options are exercisable, subject to vesting provisions,
over a period of three years at a price of $1.00 per share.


Horn Petroleum Corporation is a Canadian oil and gas company with assets in
Puntland, Somalia. The Company holds a 60% interest in the Dharoor and Nugaal
blocks encompassing a Jurassic Rift Basin on trend and analogous to the large
oil fields in Yemen. The Company's shares are listed on the TSX Venture Exchange
under the symbol "HRN".


ON BEHALF OF THE BOARD

David Grellman, President and CEO

FORWARD LOOKING INFORMATION

Certain statements contained in this press release constitute forward-looking
information. These statements relate to future events or future performance. The
use of any of the words "could", "intend", "expect", "believe", "will",
"projected", "estimated" and similar expressions and statements relating to
matters that are not historical facts are intended to identify forward looking
information and are based on the Corporation's current belief or assumptions as
to the outcome and timing of such future events. Actual future results may
differ materially. In particular, this news release contains forward-looking
information relating to the satisfaction of the issuance of the final exchange
bulletin in respect of the Qualifying Transaction and the listing of the Common
Shares. The final exchange bulletin will not be issued if the TSX-V determines
that the Corporation has not met the conditions set out in the TSX-V's
conditional approval letter. Various assumptions or factors are typically
applied in drawing conclusions or making the forecasts or projections set out in
forward-looking information. Those assumptions and factors are based on
information currently available to the Corporation. The material factors and
assumptions include the ability of the Corporation to meet the conditions for
listing of the TSX-V. The Corporation cautions the reader that the above list of
risk factors is not exhaustive. The forward-looking information contained in
this release is made as of the date hereof and the Corporation is not obligated
to update or revise any forward-looking information, whether as a result of new
information, future events or otherwise, except as required by applicable
securities laws. Because of the risks, uncertainties and assumptions contained
herein, investors should not place undue reliance on forward-looking
information. The foregoing statements expressly qualify any forward-looking
information contained herein.