Hardman Provides Uganda Drilling Update
Source: www.gulfoilandgas.com 2/28/2006, Location: Africa
Hardman Resources Limited announced that the Waraga-1 well has set 10 3/4 inch casing at 847 metres and drilled ahead in 9 7/8 inch hole to 1,500 metres. Intermediate wireline logs were run to determine hole quality. Current operations are making up 9 7/8 inch BHA and running in the hole prior to drilling ahead to the planned total depth.
Waraga-1 has a planned total depth of approximately 1,850 metres and is located 19 kilometres to the northeast of the recently drilled Mputa-1 oil discovery well and 41 kilometres southwest of the Butiaba Waki-1 well (drilled in 1938). Waraga-1 will test a structural prospect with identical geological targets to the oil bearing reservoirs seen at Mputa-1. The Waraga prospect was defined by the 2005 onshore seismic survey and the geological risk has been significantly reduced by the success of Mputa-1.
Equities in Block 2 are:
Hardman Petroleum Africa Pty Ltd (Operator) 50.0%
Tullow Oil 50.0%