RNS Number:6014N
Hardman Resources Limited
16 July 2003



STOCK EXCHANGE / MEDIA RELEASE



RELEASE DATE:       16 July 2003

CONTACT:            Ted Ellyard (08 9321 6881)

RE:                 MAURITANIA FOUR WELL DRILLING PROGRAMME IN AUGUST 2003
________________________________________________________________________________



Hardman Resources Ltd ("Hardman") is pleased to advise that Woodside as Operator
of the PSC Area B joint venture has signed a letter of intent with Smedvig
Offshore AS for the drillship West Navigator to drill up to four wells in
offshore Mauritania during 2003.  The drillship is currently completing work in
the North Sea and the drilling contract is being finalised, after which the rig
will mobilise to Mauritania, where it is expected to arrive the third week of
August 2003.

Following meetings between the PSC Area B partners earlier this month, the joint
venture has agreed to drill two firm wells in the 2003 drilling campaign.  A
third well will be proposed in PSC Area B on the basis of a number of prospects
currently under consideration.  In addition, a fourth well is to be drilled in
the Dana Petroleum operated PSC Block 7.  Details of the planned wells are:

*               Early Development - Appraisal well on Chinguetti:  It is
intended to complete this well suitably for long term production with measures
in place to control sand inflow.  An extended production test (1-2 week
production period) is also planned.  The well would thereafter be suspended
pending commissioning of the production facilities of the field in late 2005.
The information gained from this early development well is expected to provide
confirmation of the development scheme and has the potential to provide
significant cost savings in the drilling and completion of further development
wells.

*               Tiof Prospect (PSC Area B):  Targeting Miocene channel
sandstones within structural closure, adjacent to a salt dome, approximately 25
kilometres north of the Chinguetti Field.  The prospect is in 1,130 metres water
depth and has estimated potential of 153 million barrels (Mean Recoverable
Volume).

*               Second exploration well in PSC Area B:  A number of prospects
are under consideration including: Tevet, a Miocene channel sandstone prospect
situated between the Chinguetti and Banda Fields, and Poune, an Upper Cretaceous
prospect.  A decision on whether to drill and the preferred prospect will be
made on completion of further studies and after drilling the Chinguetti well.

*               PSC Block 7 well:  A large structural closure with multiple
reservoir targets in water depth of approximately 1,700 metres.  The Block 7
joint venture has agreed to drill this well at the end of the Woodside drilling
programme.

Hardman Resources Ltd holds 21.6% and 18.0% equity in PSC Area B and PSC Block 7
respectively.




SCOTT SPENCER
DIRECTOR

Click here to go to Hardman Resources Ltd Website to view Location Map of
Offshore Mauritania PSCs


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
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