RNS Number:1077P
Hardman Resources Limited
28 August 2003

STOCK EXCHANGE / MEDIA RELEASE



RELEASE DATE:  28 August 2003


CONTACT:       Ted Ellyard (08 9321 6881)


RE:            NORTH PERTH BASIN DRILLING UPDATE


Dear Sir / Madam


Hardman Resources Ltd ("Hardman") provides the following progress report on the
drilling of the Jingemia-2 and Leafcutter-1 wells in the North Perth Basin:


                           Jingemia-2 Appraisal Well


Well Location:   The Jingemia Oil Field is located within onshore
                 exploration permit EP 413, to the north of the Woodada
                 Gas Field and is approximately 300 kilometres north of Perth, 
                 Western Australia.

                 The Jingemia-2 appraisal well is being drilled from near the 
                 Jingemia-1 surface location as a deviated well and is planned 
                 to intersect the oil bearing reservoir at approximately 1 
                 kilometre south east of the Jingemia-1 discovery well.


Progress:       Jingemia-2 spudded on 24 August 2003.  Drill 121/4 inch (311 mm) 
(Previous 4     hole.  Run and cement 95/8 inch (244 mm) casing to 500 metres
 days up to     depth.  Drill 216 mm hole (deviated) to 650 metres depth.
06:00 hours 
28/08/03)                    
  
Note:  All reported depths are referenced to the rig drill floor.

Primary Target: Dongara Sandstones, oil bearing reservoir formation, at
                approximate drilled depth of 2,663 metres (2,414 metres 
                vertical depth).

The well is designed to intersect the edge of the Jingemia Oil Field and to
assist in defining the oil/water contact of the field.  It is anticipated the
well will provide further confidence in the field reserves and is expected to be
completed as either a second oil production well or as a water injection well to
provide pressure support in the reservoir.


A period of 15 days has been estimated for the completion of drilling operations
at Jingemia-2 to a planned total drilled depth of 2,725 metres.


Participants in the Jingemia-2 well are:


                Origin Energy Developments Pty Limited      49.189%
                Hardman Resources Ltd                       22.376%
                AWE (Perth Basin) Pty Ltd                   15.245%
                Voyager Energy Limited                       6.270%
                Victoria Petroleum NL                        5.000%
                Norwest Energy NL                            1.278%
                Roc Oil (WA) Pty Limited                     0.250%
                Arc Energy NL                                0.250%
                John Kevin Geary                             0.142%




                         Leafcutter-1 Exploration Well

Well Location:  Leafcutter-1 is a 1,400 metre exploration well which
                will test the upthrown (high) block of the Beagle Ridge to the 
                west of the Woodada Gas Field.  The well is being drilled by the 
                100% Hardman owned Logue Rig and is within the Woodada 
                Production Licence (L4) located approximately 260 kilometres 
                north of Perth, Western Australia.

Progress:       The surface conductor casing has been run and
                cemented to 50 metres depth.  Rigging up of the Logue Rig is 
                continuing.  It is expected that the Leafcutter-2 well will spud 
                during the forthcoming weekend.

A period of sixteen days has been estimated for the completion of drilling
operations at Leafcutter-1.


Participants in the Leafcutter-1 well are:


                 Hardman Resources Ltd (Operator)         75%
                 Bounty Oil & Gas NL                      25%


TED ELLYARD
MANAGING 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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