Drilling Report

RNS Number:0070F
Hardman Resources Limited
09 November 2004




STOCK EXCHANGE / MEDIA RELEASE

RELEASE DATE: 9 November 2004

CONTACT: Kathryn Davies

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

RE: MAURITANIA DRILLING PROGRAMME
WEEKLY PROGRESS REPORT

PAGES: 3

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


                         Tiof-3 Appraisal Well - PSC B

Progress and Current Status:
Since the last report (2 November 2004) the West Navigator continued with
operations in preparation for flow testing. At midnight GMT on 8 November
completion operations in preparation for flow testing were continuing as
planned.

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-3 well is located approximately 4 kilometres west of the Tiof-1 discovery
well. Water depth is 1,198 metres.

Well Details:
The Tiof-3 well is intended to appraise the Tiof oil discovery. The well will
further evaluate the Miocene channel sand system within the Tiof Field area as
interpreted with 3D seismic.


                     Capitaine-1A Exploration Well - PSC B

Progress and Current Status:
Since the last report (5 November 2004) the well evaluation has been completed
and has confirmed the interpretation that the good quality Early Miocene age
sands encountered were water bearing. The well has been plugged and abandoned.
The Stena Tay rig left location at 12:00 hours Sunday to move to the Tiof-4
appraisal well location (see below). At midnight GMT on 8 November the Stena Tay
was en route to Tiof-4.
                                 ... Page 2 ...

Well Location:
The Capitaine Prospect is located approximately 125 kilometres southwest of
Nouakchott, the Mauritanian capital, and 30 kilometres southwest of the
Chinguetti Field. Water depth is approximately 1,680 metres and the total depth
of the well was 3,130 meters.

Prospect Details:
The Capitaine-1A exploration well was testing a structural trap within the
Chinguetti channel sand system where an anticlinal structure is formed by an
underlying salt dome.



                             Tiof-4 Appraisal Well

Progress and Current Status:
The Tiof-4 appraisal well was originally spudded on 23 September 2004 by the
drilling rig West Navigator, the tophole section was drilled and the 13 3/8 inch
casing was run and cemented at 2,108 metres. The well was temporarily suspended
as planned on 26 September. The bottom hole section comprising the target
interval will be drilled by the Stena Tay.

Well Location:
The Tiof-4 well is located approximately 2.5 kilometres southwest of the
discovery well Tiof-1 and 2.2 kilometres east of the Tiof-3 well. Water depth is
1,119 metres and the planned total depth of the well is approximately
2,960 meters.

Well Details:
The Tiof-4 well is intended to appraise the Tiof oil discovery. The well will
further evaluate the Miocene channel sand system within the Tiof Field area as
interpreted with 3D seismic. The primary oil reservoir target is prognosed at
approximately 2,680 metres depth.

Other information:

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

Hydrocarbon shows will only be reported after all required logs have been run
and evaluated for each well.

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

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

                                 ... Page 3 ...

The remaining 2004/05 drilling programme will include wells in two production
sharing contract areas (PSC's). Joint venture interests in those areas are:

Company                                                    PSC A         PSC B
Woodside group companies (operator)                       53.846%       53.846%
Hardman group companies                                     24.3%         21.6%
BG group companies                                        13.084%        11.63%
Premier group companies                                        -         9.231%
Fusion Mauritania A Ltd                                    4.615%            -
ROC Oil group companies                                    4.155%        3.693%
Energy Africa                                                  -             -





KATHRYN DAVIES
COMPANY SECRETARY AND
CHIEF FINANCIAL OFFICER

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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