Drillship about to spud Chinguetti 4-4 Report rele, page-2

HARDMAN RESOURCES LIMITED 2002-09-27 ASX-SIGNAL-G

HOMEX - Perth

+++++++++++++++++++++++++
Hardman Resources Ltd ("Hardman") is pleased to announce that the
drillship "Deepwater Discovery" has returned to the Chinguetti
structure and is expected to spud the Chinguetti 4-4 appraisal well
today.

The Chinguetti 4-4 well will be drilled to a proposed total depth of
2,925 metres, in the southern downthrown flank of the Chinguetti
structure, approximately 1.5 kilometres east of the Chinguetti-1
discovery well.

Note: Under the well naming convention adopted by the Mauritanian
government all wells drilled by Woodside will follow the naming
convention of "Chinguetti - Block No - Well No.".


T Ellyard
MANAGING DIRECTOR

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.