Horn Petroleum suspends drilling at Somalia well

Cape Town (Keydmedia) - Horn Petroleum Corp has suspended drilling at its Shabeel well in Somalia\'s Puntland and said it will move the drilling rig away from the area before reaching the planned depth of 3800 meters.
News Keydmedia Online

The well in the Dharoor valley hit a metamorphic basement at a depth of 3,430 meters, Horn Petroleum said in a statement on Thursday. Basement is the rock layer below which economic oil or natural gas reservoirs are unlikely to be found.

Horn Petroleum\

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