Africa Energy Corp (HPMCF)

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July 18, 2012
Horn Petroleum Shabeel North Drilling Update

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VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 18, 2012) - Horn Petroleum Corporation ("Horn Petroleum" or the "Company") (TSX VENTURE:HRN) reports that the Shabeel North well is currently at a depth of 1967meters and has penetrated a 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.

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".

ON BEHALF OF THE BOARD

David Grellman, President and CEO

http://www.rangeresources.com.au/fileadmin/user_upload/asx/AIM-Announcement-RRL-Puntland-Drilling-Update.pdf

Range's PR indicates drill stem results within 48 hours-


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