RNS Number:6731V
Fusion Oil & Gas PLC
9 May 2002



                              Fusion Oil & Gas plc

                          ("Fusion" or "the Company")

                     Award of Mauritania Drilling Contract


Fusion is an international oil and gas exploration company, with extensive
interests in deepwater West Africa, comprising 8 licenses across 6 countries.
During 2002 the Company will be drilling up to three wells on its Mauritanian
acreage where its first well, Chinguetti-1, was a significant oil and gas
discovery.

Fusion announces that Woodside Mauritania Pty Ltd acting as Operator of the
Mauritania PSC A & B joint ventures has entered into a contract with Chevron/
Texaco and Transocean Sedco Forex for an assignment of the Deepwater Discovery
rig from its current contract with Chevron/Texaco.

The rig is contracted to arrive in Mauritania within a 2 month window of August/
September pending its current operations in West Africa.  The contract in
relation to PSC's A & B is for one firm well with two single well options.



For further details please refer to the company's web page www.fusionoil.com.au
or contact:



9 May 2002


Fusion Oil & Gas plc                              Tel:   +61 89 226 3011
Alan Stein, Managing Director                     Fax:   +61 89 226 3022
Australia                                         e-mail:  astein@fusionoil.com.au

Peter Dolan, Chairman                             Tel:    020 8891 3252
England                                           Fax:   020 8891 1555
                                                  e-mail:  peter@fusionoil.demon.co.uk


College Hill Associates                           Tel:   020 7457 2020
Peter Rigby                                       Fax:   020 7248 3295
James Henderson                                   e-mail:  Peter.Rigby@collegehill.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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