Weekly Progress Report

RNS Number:8716I
Hardman Resources Limited
22 February 2005




STOCK EXCHANGE / MEDIA RELEASE

RELEASE DATE: 22 February 2005

CONTACT: Scott Spencer

TELEPHONE: Within Australia: 08 9261 7600
International: +61 8 9261 7600

RE: MAURITANIA DRILLING PROGRAMME
WEEKLY PROGRESS REPORT

PAGES: 2

Hardman Resources Ltd ("Hardman") provides the following progress report on the
Mauritania offshore drilling programme:


                         Tiof-6 Appraisal Well - PSC B

Progress and Current Status:
Since the last report on 15 February 2005, the 'West Navigator' drill ship
successfully completed production testing of the Tiof-6 appraisal well. At
midnight on 21 February 2005, the 'West Navigator' was suspending the well as a
potential future oil production well prior to resuming operations on Chinguetti
Development wells.

As previously reported, the well produced oil during the main flow period at a
stable rate of approximately 9,150 barrels of oil per day, constrained by a 72/
64 inch choke. The maximum rate at which the well was flowed during the test was
approximately 12,400 barrels of oil per day, constrained by a 104/64 inch choke.

Well Location:
The Tiof Discovery is located approximately 90 kilometres west of Nouakchott,
the Mauritanian capital and 25 kilometres north of the Chinguetti Field. The
Tiof-6 well is located 3 kilometres west of the Tiof-1 discovery well and 1
kilometre east of Tiof-3. Water depth is approximately 1,165 metres.

Well Details:
The Tiof-6 well was intended to further appraise the Tiof oil discovery and
continued the evaluation of the Miocene channel sand system within the Tiof
Field area as interpreted with 3D seismic.

                                 ... Page 2 ...

                        Chinguetti Development Drilling

Since the last report on 15 February, the Stena Tay continued operations on the
Chinguetti Development wells. Hardman does not intend to provide detailed weekly
reports during the course of the development well drilling programme but will
continue to report significant matters as appropriate and in accordance with its
continuous disclosure obligations.

Other information:

All reported depths are referenced to the rig rotary table (except water depth).

Times and dates refer to Mauritania time (GMT), 8 hours behind Western Standard
Time, Perth.

A map showing the location of the 2004/05 wells is available on the Hardman
website (www.hdr.com.au) and will be updated during the course of the 2004/2005
drilling programme.

The joint venture interests in the Chinguetti Field and PSC B are:

Company                                            PSC B      Chinguetti Field
                                              (Remainder)
Woodside group companies (operator)               53.846%               47.384%
Hardman group companies                             21.6%               19.008%
BG group companies                                 11.63%               10.234%
Premier group companies                            9.231%                8.123%
ROC Oil group companies                            3.693%                3.250%
Groupe Projet Chinguetti (Govt. interest)              -                12.000%



SCOTT SPENCER
EXECUTIVE DIRECTOR

Note: In accordance with Australian Stock Exchange Limited listing requirements,
the geological information supplied in this report has been based on information
provided by geologists who have had in excess of five years experience in their
field of activity.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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