Chinguetti4-5 Drilling Report
September 16 2003 - 3:03AM
UK Regulatory
RNS Number:7964P
Hardman Resources Limited
16 September 2003
STOCK EXCHANGE / MEDIA RELEASE
RELEASE DATE: 16 September 2003
CONTACT: Ted Ellyard (08 9321 6881)
RE: WEEKLY PROGRESS DRILLING REPORT FOR
CHINGUETTI 4-5, OFFSHORE MAURITANIA
Hardman Resources Ltd ("Hardman") provides the following weekly progress report
on the drilling of the Chinguetti 4-5 well, PSC Area B, offshore Mauritania:
Project Description: The Chinguetti 4-5 Appraisal/Early Development Well ("AEDW") is being drilled
on the south western part of the field approximately 900m northwest of the
Chinguetti-1 discovery well. The well will be completed suitably for long
term production and an extended production test (1-2 week production period)
is planned. The well would thereafter be suspended pending commissioning of
production facilities in late 2005.
Progress: Since the last report, blowout preventers were installed, 121/4 inch (311mm)
hole was drilled from 1,682 metres depth to the final total depth of 2,605
(Previous 7 days to metres and the well was conditioned prior to the acquisition of wireline logs.
08:00 hours (Perth) 16/9/ The current operation is acquisition of wireline logs.
03)
Note: All reported depths are referenced to the rig rotary table.
Geology & Hydrocarbon Hydrocarbon shows will only be reported after wireline logs have been run and
Shows: evaluated.
Participants in the Chinguetti 4-5 well and PSC Area B are:
Woodside Mauritania Pty Ltd (Operator) 35.0%
AGIP Mauritania BV 35.0%
Hardman Resources Ltd 21.6%
Fusion Mauritania B Limited 6.0%
Roc Oil (Mauritania) Company 2.4%
TED ELLYARD
MANAGING DIRECTOR
Note: In accordance with Australian Stock Exchange Limited listing
requirements, the geological information supplied in this report has been based
on information provided by geologists who have had in excess of five years
experience in their field of activity.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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