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I see where Horn jumped 18% ($0.22) today with a very simple announcement that they had reached the 1/2 way point in their drilling. Makes a person that much more curious as to what is holding down the CGX price, given that CGX has two drills turning and a shot at Billions of barrells of oil. Perhaps gives some support to all those suspicions being raised of price manipulation.

Bottom Line.... the daily ups and downs with CGX are annoying I suppose, but most of us are relaxing and waiting for the drilling results, now probably no more than 4-5 weeks away, and nothing will stop the price increase with positive results.

Horn Petroleum Operations Update

Monday, March 19, 2012

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 19, 2012) - Horn Petroleum Corporation (TSX VENTURE:HRN) ("Horn Petroleum" or the "Corporation") reports that the Shabeel-1 well on the Dharoor Block in Puntland, Somalia is currently at a depth of 2,384 metres and is drilling ahead to a planned target depth of approximately 3,800 metres.

There are no results to report at this time.

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