Chinguetti 4-5, Mauritania
September 19 2003 - 3:01AM
UK Regulatory
RNS Number:9472P
Hardman Resources Limited
19 September 2003
STOCK EXCHANGE / MEDIA RELEASE
RELEASE DATE: 19 September 2003
CONTACT: Scott Spencer (08 9321 6881)
RE: CHINGUETTI 4-5, PSC AREA B, OFFSHORE MAURITANIA
Hardman Resources Ltd ("Hardman") reports that at 0000 hours on 19 September
2003 wireline logs acquisition had been completed in the Chinguetti 4-5 combined
appraisal and early development well.
A preliminary evaluation of the wireline log data indicates that the well has
intersected a gross hydrocarbon interval of approximately 100 metres of which
approximately 38 metres are net oil-bearing sandstones (please note this
information supersedes information released yesterday by Roc Oil).
All reported depths are references to the rig total table and all reported times
are UTC (also known as GMT).
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%
SCOTT SPENCER
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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