Horn Petroleum Confirms Oil Shows at Shabeel North

Horn Petroleum Corporation reported that the Shabeel North well is currently at a depth of 6,453 feet (1,967 meters) and has penetrated a 164 foot (50 meter) gross section of upper Jesomma sands with oil shows. An open hole drill stem test is currently underway to determine if this zone is oil or water bearing.

Regardless of the result of this test, the well will continue to drill to the base of the Jesomma sands to evaluate any additional lower Jesomma potential pay zones.