|Puntland, Somalia||Dharoor Block||Horn and its partners have entered into the next exploration period in both the Dharoor Valley and Nugaal Valley PSAs which each carry a commitment to drill one exploration well in each block by October 2015.
Horn continues to investigate potential joint venture partnerships and also is reviewing new venture opportunities in the region.
|November 20, 2012|
|Horn has demobilized the drilling rig and has completed restoration of both drilling locations. Efforts are now focused on making preparations for a seismic acquisition campaign in the Dharoor PSA which will include a the previously unexplored eastern portion of the basin as well as prospect specific seismic to delineate a drilling candidate in the western portion of the basin where an active petroleum system was confirmed by the recent drilling at the Shabeel-1 and Shabeel North-1 locations.
||November 15, 2012|