Nugaal Valley Production Sharing Agreements
Horn Petroleum Corporation: Drilling Operations Update on Shabeel Well in Puntland, Somalia
Thursday, 12th April 2012
Horn Petroleum Corporation is pleased to update the market on the drilling operations on the Shabeel well in Puntland, Somalia. Horn is the Operator and holds a 60% working interest in the Dharoor and Nugaal Valley Production Sharing Agreements ("PSA's") along with working interest partners Range Resources (20%) and Red Emperor (20%).