Drilling Report
October 01 2002 - 3:01AM
UK Regulatory
RNS Number:8844B
Hardman Resources Limited
01 October 2002
RELEASE DATE: 1 October 2002
TO: London Stock Exchange Limited
CONTACT: Ted Ellyard (08 9321 6881)
RE: PROGRESS DRILLING REPORT FOR CHINGUETTI 4-4
APPRAISAL WELL, OFFSHORE MAURITANIA
Dear Sir/Madam
Hardman Resources Ltd ("Hardman") provides the following progress report on the
drilling of the Chinguetti 4-4 appraisal well, offshore Mauritania.
Progress: The well was spudded on 27/9/02 (Perth time) and drilled to 1702 metres
where 13 3/8 inch (340 mm) casing was set. Current operation is running
(14:00 hours (Perth) on 30/9/02) the riser and blowout preventers.
Note: All reported depths are referenced to the rig rotary table.
Geology & Hydrocarbon Shows: Hydrocarbon shows will only be reported after wireline logs have been
run and evaluated for that hole size section.
Prospect Description: The Chinguetti 4-4 well will be drilled to a proposed total depth of
2,925 metres, in the southern downthrown flank of the Chinguetti
structure, approximately 1.5 kilometres east of the Chinguetti-1
discovery well.
Note: Under the well naming convention adopted by the Mauritanian
government all wells drilled by Woodside will follow the naming
convention of "Chinguetti - Block No - Well No.".
Equity participation in the Chinguetti 4-4 appraisal well is as follows:
Hardman Resources Ltd 21.6%
Fusion Oil & Gas NL 6.0%
Roc Oil (Mauritania) Company 2.4%
Agip Mauritania BV 35.0%
Woodside Mauritania Pty Ltd 35.0%
Yours sincerely
HARDMAN RESOURCES LTD
TED ELLYARD
MANAGING DIRECTOR
This information is provided by RNS
The company news service from the London Stock Exchange
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