xmagx please read, page-2

re: matamata - westmoon Hi Westmoon,

It's in the information brochure. Here's the run down.

Offshore Guyane

*Exclusive Exploration Licence Hardman 97.5%
*Hardman is Operator with 97.5%
*Licence award 1st June 2001
*Exclusive Exploration Licence covers entire offshore basin of 65,000 sq kms
*Very favorable French Government terms
*Large 2D seismic survey (7,500 kms) completed Feb. 2003
*In discussion with potential farmin partners to fund drilling phase

Matamata Prospect - Offshore Guyane


*Giant anticlinal closure area of 450 sq kms (110,000 acres)
*Excellent reservoir predicted
*Source rocks expected to be mature for generation
*Water depth: 1230m
*Target depth: 2810m (1580m below sea level)
*Estimated potential for 2,500 MBO recoverable

presentation with maps, see

http://www.gtp.com.au/hardman/inewsfiles/29%20Mar%20Info%20brochure%20V3.pdf


Cheers,
xmagx