Highlands Natural Resources Regulatory News (HNR)

3 Oct 2006 07:00

Hardman Resources Limited03 October 2006 STOCK EXCHANGE / MEDIA RELEASE RELEASE DATE: 3 October 2006 AUSTRALIAN CONTACT: Peter 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 Hardman Resources Limited ("Hardman") provides the following update on itsexploration drilling operations: Mauritania: Exploration Drilling Update - Flamant-1 (Block 8) Since the company's last report on 26 September 2006, the Atwood Hunter drillingrig has completed plug and abandonment of the Flamant -1 well in Block 8 and wasreleased on Monday 2nd October to the Block 7 Joint Venture. As at 6:00am on 3 October, anchors were being run at the Aigrette -1 explorationwell location in Block 7 preparatory to spudding the well. Equities in Block 8 and 7 are: Block 8 Block 7Dana Petroleum (Operator) 41.5% 63.850%Hardman Resources Ltd 18.0% 16.200%Roc Oil Company 2.0% 4.950%Wintershall 25% --Gaz de France 13.5% --Woodside -- 15.000 Times and dates for Mauritania wells refer to GMT (Mauritania time), 8 hoursbehind Western Standard Time, Perth. All reported depths (except water depth)are referenced to the rig rotary table (RT). PETER THOMASChief Financial Officer 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 Ian Bulley, MSC (Geology), Principal Geologist at HardmanResources who is fellow of the Geological Society of London and has at least 5years relevant experience within the sector. He consents to that information inthe form and context in which it appears. This information is provided by RNS The company news service from the London Stock Exchange