HDR hardman resources limited

100 metres oil colum not 50

  1. 3,559 Posts.
    CHINGUETTI 4-5, PSC AREA B, OFFSHORE MAURITANIA
    Hardman Resources Ltd (“Hardman”) reports that at 0000 hours on 19 September 2003
    wireline logs acquisition had been completed in the Chinguetti 4-5 combined appraisal and
    early development.
    A preliminary evaluation of the wireline log data indicates that the well has intersected a
    gross hydrocarbon interval of approximately 100 metres of which approximately 38 metres
    are net oil-bearing sandstones (please note this information supersedes information released
    yesterday by Roc Oil).
    All reported depths are references to the rig total table and all reported times are UTC (also
    known as GMT).
    Participants in the Chinguetti 4-5 well and PSC Area B are:
    Woodside Mauritania Pty Ltd (Operator) 35.0%
    AGIP Mauritania BV 35.0%
    Hardman Resources Ltd 21.6%
    Fusion Mauritania B Limited 6.0%
    Roc Oil (Mauritania) Company 2.4%
 
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