EXPLORATION

Hardman, Bounty retest Woodada-19

Hardman Resources has wheeled out its 100% owned drilling rig and commenced retesting the Woodada...

The well encountered good gas shows in the Carynginia Formation at around 2,200 metres and trace oil from deeper sandstones between 2,722m and 2,792m.

Hardman said if the testing contained commercial oil, the well will be completed for production as a new field oil discovery well. If no commercial oil is recoverable the well will be completed for production of the Carynginia zone.

Hardman said there would be weekly reports unless a significant event occurs.

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