Horn Petroleum Updates Drilling Operations in Puntland, Somalia

Horn Petroleum Corporation (TSX VENTURE:HRN) ("Horn Petroleum" or the
"Corporation") is pleased to announce that the Shabeel-1 well continues drilling
ahead on the Dharoor Block in Puntland, Somalia and is currently at a depth of
2053 meters. The upper 1600 meters of section drilled to date includes a thick
section of Tertiary limestones and shales that appear to be a regional seal as
no oil or gas shows were encountered above this depth. The well is currently
drilling a 400 meter section composed of interbedded sandstones and shales
believed to be Upper Cretaceous in age. Most of the sandstone intervals in this
section have exhibited oil and gas shows confirming the existence of a working
petroleum system. Determination of the quality of the reservoir and
prospectivity of any potential oil bearing intervals cannot be determined until
downhole electric logs and formation tests are concluded.


The well has a planned total depth of 3800 meters and has yet to penetrate the
main reservoir targets in the Lower Cretaceous and Jurassic. It is expected that
the next electrical logging run will be coincident with the running of the 9
5/8" casing at approximately 2400 - 2700 meters. Operations continue to run
smoothly with no reported security or operational incidents.


Horn President and CEO, David Grellman, commented, "While we are encouraged by
the hydrocarbon shows in the well, there is still a great deal of information
which must be collected before we are able to properly evaluate the results to
date. We look forward to reaching the main objectives and appreciate the
continued support of the Puntland Government and the local residents."


The Shabeel well is targeting a large faulted anticlinal prospect and is located
on a Jurassic aged rift system which is part of the same system that has proven
to be highly productive in the Masila and Shabwa Basins in Yemen that contain an
estimated 6 billion barrels of oil(i). Source rocks are expected to be rich
Jurassic Kimmeridgian shales in the deep portion of the rift immediately down
dip from the Shabeel prospect. Reservoirs are expected to be sandstones and
carbonates of the Cretaceous and Jurassic systems analogous to Yemen.


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".


(i) Sourced from country and industry websites - not NI 51-101 compliant.

ON BEHALF OF THE BOARD

David Grellman, President and CEO

FORWARD-LOOKING INFORMATION

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information. These statements relate to future events or future performance. The
use of any of the words "will", "expected" and similar expressions and
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belief or assumptions as to the outcome and timing of such future events. Actual
future results may differ materially. Various assumptions or factors are
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