HDR hardman resources limited

Update from Rocoil.com

  1. 1,747 Posts.
    Hi HDR people,

    Put the Rocoil site on your favourites.They could be more informative than Ted.

    Here's the latest

    Regards M.


    1.1.1 PSC Area B, Offshore Mauritania (ROC: 2.4%)

    As of 7 August 2002, Chinguetti-4-2, the first well to be drilled on the Chinguetti structure since the Chinguetti Oil Field was discovered in 2001, was drilling ahead in 12¼ hole at 1,896 metres.

    The well, which is testing the previously undrilled northern side of the Chinguetti structure, is approximately 2.5 km to the north of the discovery well (see Attachment 1). As such, Chinguetti-4-2 is considered to be a significant step out exploration well which will improve the understanding of the commercial potential of the Chinguetti area.

    As previously announced by the operator, Woodside Mauritania Pty Limited, the Chinguetti-4-2 well will be followed either by an appraisal well, elsewhere on the Chinguetti structure, or by an exploration well on the Banda Prospect, depending upon the results obtained from the currently drilling well. The last well in the current three or four well drilling programme will be an exploration well on the Thon Prospect.

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