RNS Number:4686R
Hardman Resources Limited
30 October 2003



HARDMAN RESOURCES LTD
Ground Floor, 5 Ord Street, West Perth
PO Box 869, West Perth
Western Australia 6872
Tel: +61 8 9321 6881 Fax: +61 8 9321 2375
ABN 98 009 210 235


STOCK EXCHANGE / MEDIA RELEASE


RELEASE DATE:     30 October 2003


CONTACT:          Ted Ellyard (08 9321 6881)


RE:               HARDMAN FARMS OUT IN GREAT SOUTH BASIN PERMIT - NEW ZEALAND



Hardman Resources Ltd ("Hardman" or "the Company") is pleased to announce that
together with its joint venture partners it has farmed out a 25% interest in
exploration permit PEP 38215 in the Great South Basin, New Zealand.


The farmin agreement with Electro Silica plc provides for Electro Silica to fund
the acquisition of 2,000 km of seismic to earn a 25% interest in the permit.
Electro Silica will also have the option to earn a further 50% interest by
funding the drilling of an exploration well.   Currently the new seismic survey
is scheduled to take place in the first half of 2004.


Electro Silica is a UK-based company specialising in the application of new
energy technologies.  It provides technical services in the field of oil and gas
exploration through its subsidiary, Electro Silica Oil and Gas Ltd., which also
has direct interests in petroleum projects in Oman and Mongolia.


PEP 38215 was awarded to Hardman and its partners in August 2001.  The joint
venture has reprocessed existing seismic in the permit area and has recently
completed detailed mapping of this data.  This technical work has confirmed the
major structural trends in the area and a number of leads have been identified.
The farmin by Electro Silica will now give extra impetus to the exploration
programme in PEP 38215.


Interests in PEP 38215 are:

               Bounty Oil and Gas NL           26.25% (Operator)
               Hardman Resources Ltd           41.25%
               Albatross Energy                7.5%
               Electro Silica plc              25.0% (subject to farmin)




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

MSCEALEEDSADFEE