Horn Petroleum Provides Update on Puntland Drilling

Horn Petroleum Corporation (TSX VENTURE:HRN) ("Horn Petroleum" or the
"Corporation") is pleased to provide an update on the drilling program in
Puntland, Somalia. 


The Shabeel well has reached a total depth of 3,470 meters and has encountered
metamorphic basement at a depth of 3,430 meters and is currently being suspended
for future testing. In addition to the previously announced 12 to 20 meter zone
of significant hydrocarbon pay in the Upper Cretaceous Jesomma Formation, the
well has encountered additional potential net pay sands in the Jurassic Adigrat
Formation at a depth of 3,246 to 3,430 meters, several of which exhibited oil
and gas shows. Petrophysical analysis of the well log data indicates up to 3
meters of potential hydrocarbon pay in several thin sand units. They are not
considered to warrant testing at this time, but do further confirm the existence
of a working petroleum system. 


The rig will now move to the Shabeel North location which is 3.5 kilometers
north of the current location. The primary objective of this well will be to
evaluate the Upper Cretaceous Jesomma Sands which appear to be oil bearing at
the Shabeel location. Subsequent to the drilling of this well, it is the
intention of the Company to return to the Shabeel well and test the Jesomma
sands once the necessary testing equipment has been mobilized into the country.


David Grellman, President and CEO of Horn Petroleum, commented, "The Shabeel
well has confirmed the presence of an active petroleum system in the Dharoor
Valley. We are highly encouraged with these early results which indicate oil
bearing sands in possibly two zones. These results provide excellent
implications for the overall prospectivity of the basin. We look forward to
drilling the Shabeel North well and to testing the Jesomma sands to confirm this
potential."


The Shabeel well is operated by Horn Petroleum which holds a 60% working
interest in the Dharoor and Nugaal permits in Somalia. The other partners in the
blocks are Range Resources (20%) and Red Emperor (20%).


Horn Petroleum Corporation is a Canadian oil and gas company with assets in
Puntland, Somalia. The Corporation holds a 60% interest and operatorship in the
Dharoor and Nugaal blocks encompassing a Jurassic Rift Basin on trend and
analogous to the large oil fields in Yemen. The Corporation'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 "will", "expected" 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 Company's current
belief or assumptions as to the outcome and timing of such future events. Actual
future results may differ materially. 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 Company. The forward-looking
information contained in this release is made as of the date hereof and the
Company 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.