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Re: None

Wednesday, 07/11/2012 6:16:21 PM

Wednesday, July 11, 2012 6:16:21 PM

Post# of 177
Horn's drilling plans after Shabeel North....

I emailed Sophia with the following question and received a prompt answer. See Sophia's reply below. Fyi
dat


Hi Sophia,

I'm a shareholder in both HPMCF and AOIFF. Perhaps you can answer this question that has had me confused for the past couple weeks.

Recent comments by Keith Hill and Peter Landau (I think) on the next drilling site(s) seem to be different. In Sweden Mr Hill seemed to indicate that the drilling rig would stay in Dahwoor continuing drilling there. However Mr. Landau I think, is reported to have said that Horn was looking to drill in an undisputed section of the Nugaal block where we have some massive pre drill estimates.

Do you have any insights as to which location well #3 might be? Would a September spud date be reasonable, given the need to finish Shabeel North, test it and then move to Shabeel 1 for testing there in August?

Thanks ever so much and congratulations on the successes so far, with our little company.

From: Sophia Shane [mailto:sophias@namdo.com]
Sent: Wednesday, July 11, 2012 2:27 PM
Subject: RE: Question on Nugaal

Hi!

There are no set plans yet for future drilling. We will just focus on the Shabeel wells for now as the data from these wells will help us set the priorities. Keith has mentioned a corner of Nugaal as one of several other good prospects we have but did not say we were going to drill there for sure – it was in the context of someone asking about the border dispute between Puntland and Somaliland.

Best regards,

Sophia