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chinguetti 4-5 commences drilling in

  1. 3,559 Posts.
    RE: CHINGUETTI 4-5 COMMENCES DRILLING IN MAURITANIA
    Hardman Resources Ltd (“Hardman”) is pleased to advise that the appraisal – early development
    well, Chinguetti 4-5, was spudded on 4 September 2003.
    Chinguetti 4-5 is the first well in the 2003 drilling programme of up to four wells, details of which
    are as previously advised. The well is being drilled by the drillship “Jack Ryan” in approximately
    820 metres water depth. The Chinguetti Field (discovered in 2001) is located in PSC Area B,
    approximately 90 kilometres offshore from the city of Nouakchott, the capital of Mauritania.
    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 Oil and Gas NL 6.0%
    Roc Oil (Mauritania) Company 2.4%
    Further details on the Chinguetti 4-5 well and the drilling progress will be provided in Hardman’s
    weekly Mauritania drilling report, scheduled for Tuesday, 9 September 2003.
    TED ELLYARD
    MANAGING DIRECTOR
 
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