5th Sep 2006 07:00
Hardman Resources Limited05 September 2006 STOCK EXCHANGE / MEDIA RELEASE RELEASE DATE: 5 September 2006 AUSTRALIAN CONTACT: Peter Thomas Hardman Resources Ltd +61 8 9261 7600 LONDON CONTACT: Patrick Handley Brunswick Group (UK media relations) +44 207 404 5959 RE: MAURITANIA DRILLING UPDATE Hardman Resources Limited ("Hardman") provides the following update on itsexploration drilling operations: Mauritania: Exploration Drilling Update - Flamant-1 (Block 8) Since the last report on the Flamant-1 exploration well, repairs have been madeto the Blow Out Preventer (BOP) and it has been re-run to the seabed. As atmidnight on 4 September 2006, drilling of Flamant-1 to the next planned casingpoint at 2,110 metres had recommenced with the well having reached a depth of1,880 metres. Flamant-1 targets Cretaceous Carbonates and has a planned total depth 3,370m.The well is located in 1,414m of water, approximately 210km from the shore and195 km North-West from Pelican-1, a Cretaceous gas discovery drilled in Block 7. Equities in Block 8 are: Block 8Dana Petroleum (Operator) 41.5%Hardman Resources Ltd 18.0%Roc Oil Company 2.0%Wintershall 25%Gaz de France 13.5% Times and dates for Mauritania wells refer to GMT (Mauritania time), 8 hoursbehind Western Standard Time, Perth. Peter ThomasChief Financial Officer Note: In accordance with the ASX Listing Rules and AIM Rules, the hydrocarbonreserves and/or drilling update information in this report has been reviewed andsigned off by Mr David Cliff, BSC Hons (Geology), Exploration Manager at Hardmanwho is a member of the American Association of Petroleum Geologists and has atleast 5 years relevant experience within the sector. He consents to thatinformation in the form and context in which it appears. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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