Folks dont know if this has been posted. But for your interest, it's a report from Bloomberg and bizarrely makes it look like Simon is actually running the show. Some interesting stuff on the other propects though
Sept. 30 (Bloomberg) -- Hardman Resources Ltd., a partner
in Woodside Petroleum Ltd.'s $705 million oil project in
Mauritania, plans to drill nine exploration wells off the West
African nation by mid-2006, even after two dry holes in the
past six weeks.
The Perth-based oil and gas company also plans to drill its
first well to search for fuel in Uganda and lead a $30 million
program in French Guiana, including one exploration well,
within that time, Chief Executive Simon Potter said today in
an interview in Sydney.
Hardman, Woodside and their partners in Mauritania,
which include BG Group Plc, are due to start up Chinguetti,
the country's first oil project, in February at about 75,000
barrels a day. The first two exploration wells drilled off the
country in this year's exploration campaign failed to find oil,
which was ``disappointing,'' Potter said.
``We don't drill wells to be failures, we drill wells to be
commercially successful,'' Potter said. ``The forward program
is robust to any individual failure down the line, so our
commitment to keeping the rig active and drilling on those
targets is still there. Mauritania is still a frontier province.''
Shares in Hardman Resources, which is about 10.5 percent
owned by Perth-based Woodside, have risen 11 percent in
the past year. That makes it the worst performer in the
Australian Stock Exchange's benchmark energy index,
reflecting disappointment among some investors about
drilling results. The shares more than doubled in the first six
months of 2004 before last year's exploration program.
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