Hardman Provides Mauritania Drilling Update - FLAMANT-1

Source: www.gulfoilandgas.com 8/29/2006, Location: Africa

Since the last report, drilling of the Flamant-1 exploration well in Block 8 remains at its previously reported depth of 1,867 metres due to stormy weather conditions and mechanical difficulties resulting in the Blow Out Preventer (BOP) being pulled to surface for repair.

Flamant-1 targets Cretaceous Carbonates and has a planned total depth 3,370m. The well is located in 1414m of water, approximately 210km from the shore and 195 km North-West from Pelican-1, a Cretaceous gas discovery drilled in Block 7.

Equities in Block 8 are:
Dana Petroleum (Operator) 41.5%
Hardman Resources Ltd 18.0%
Roc Oil Company 2.0%
Wintershall 25%
Gaz de France13.5%


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