Hardman Provides Mauritania Drilling Update

Hardman Resources Limited announced that since the last report on the Aigrette-1 exploration well in Block 7 offshore Mauritania, West Africa, the well has been drilled to a depth of 2,014 metres, 20 inch casing has been set and Blow Out Preventers fitted and tested. The current operation is preparing to drill ahead in the 17.5 inch hole section.

Aigrette-1 is primarily a gas prospect on trend from the Pelican-1 gas discovery. The primary targets are stacked Cretaceous sandstones with some 0.7 TCF potential. The well is located in a water depth of 1,380 metres approximately 43 km north, northwest of the 2003 Pelican-1 gas discovery. The planned Total Depth is 4,925 metres.