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Hardman Announces Uganda Drilling Update

Source: www.gulfoilandgas.com 5/16/2006, Location: Africa

Hardman resources Ltd. announce that Since the last report Mputa-2 has successfully cemented intermediate casing to 526 metres and is currently drilling ahead towards the primary objective (equivalent to the top reservoir at Mputa-1 and Waraga-1) and core point. Coring has been planned over this reservoir interval in order to calibrate reservoir parameters for the Mputa and Waraga oil fields. At midnight on Monday 15 May 2006 the well was at 958 metres and drilling ahead.

Mputa-2 is an appraisal well designed to determine the extent of the hydrocarbon bearing reservoirs seen at Mputa-1. Planned Total Depth of the well is 1,500 metres. Seismic data indicates that thicker basal sandstone reservoirs are possible at this location.

Results from Mputa-2 will allow a more accurate determination of the reserve potential, commerciality and potential development plans for the fault block in which Mputa-1 and Waraga-1 have already discovered oil. Success at Mputa-1 and Waraga-1 has confirmed the presence of a working hydrocarbon system and trapping mechanism which merits appraisal and exploration drilling in a number of onshore locations on the fault terrace. In addition to this, the information gained from the current drilling program will aid in planning the exploration of the larger, deeper prospects within Lake Albert itself.

Preparations are currently underway to flow test the Waraga-1 discovery, and the equipment being mobilised for this can be used for testing Mputa-2 if this is successful, or the Mputa-1 discovery.

Equities in Block 2 are:
Hardman Petroleum Africa Pty Ltd (Operator) 50.0%
Tullow Oil 50.0%.

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Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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