Drilling Report
October 08 2002 - 3:01AM
UK Regulatory
RNS Number:1857C
Hardman Resources Limited
08 October 2002
RELEASE DATE: 8 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 drilled to 2,599 metres and subsequently cored and drilled
to the current depth of 2,706 metres. Three cores were cut in the
(Previous 7 days to 14:00 hours interval 2,599 to 2,706 metres.
(Perth) on 7/10/02)
The current operation is reaming (widening the hole) at 2,618 metres
prior to drilling ahead to total depth, after which wireline logs will
be run.
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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