Hardman Resources to Spud Ugandan Wildcat in mid-December

Hardman Resources says that mobilization of the drilling rig has commenced with the first loads arriving at the Mputa-1 well site on November 20th. The well is expected to spud in mid-December.

Mputa-1 will target a structural prospect with potential multiple objectives. The prospect was defined by the 2005 onshore seismic survey and oil seeps have been identified in the immediate area. Planned total depth is approximately 1,100 meters.

Particpants in Block 2 are Hardman as operator with 50% and Tullow Oil with 50%.


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