Highlands Natural Resources Regulatory News (HNR)

12 Sep 2006 07:00

Hardman Resources Limited12 September 2006 STOCK EXCHANGE / MEDIA RELEASERELEASE DATE: 12 September 2006 AUSTRALIAN CONTACT: Jill Thomas Hardman Resources Ltd +61 8 9261 7600 LONDON CONTACT: Patrick Handley Brunswick Group (UK media relations) +44 207 404 5959 RE: MAURITANIA DRILLING UPDATE PAGES: 1 Hardman Resources Limited ("Hardman") provides the following update on itsexploration drilling operations: Mauritania: Exploration Drilling Update - Flamant-1 (Block 8) Since the last report on 5th September, the 'Atwood Hunter' has drilled theFlamant-1 exploration well to a depth of 2,035 meters where the 13 3/8" casinghas been run and cemented. As of midnight on the 11th September, preparationswere underway to drill ahead in the 12 1/4" hole to the planned total depth of3,370 meters. Flamant-1 targets Cretaceous Carbonates and is located in 1,414m of water,approximately 210km from the shore and 195 km North-West from Pelican-1, aCretaceous gas discovery drilled in Block 7. Equities in Block 8 are: Block 8Dana Petroleum (Operator) 41.5%Hardman Resources Ltd 18.0%Roc Oil Company 2.0%Wintershall 25%Gaz de France 13.5% Times and dates for Mauritania wells refer to GMT (Mauritania time), 8 hoursbehind Western Standard Time, Perth. Richard O'ShannassyGeneral Counsel & Company Secretary Note: In accordance with the ASX Listing Rules and AIM Rules, the hydrocarbonreserves and/or drilling update information in this report has been reviewed andsigned off by Mr David Cliff, BSC Hons (Geology), Exploration Manager at Hardmanwho is a member of the American Association of Petroleum Geologists and has atleast 5 years relevant experience within the sector. He consents to thatinformation in the form and context in which it appears. This information is provided by RNS The company news service from the London Stock Exchange