1. EXCLUSIVE EXPLORATION Annual Convention and Exhibition
HARDMAN RESOURCES LTD
OFFSHORE GUYANE
EXCLUSIVE EXPLORATION
LICENCE
AAPG
Annual Convention and Exhibition
April 2004

2. Guyane Location Plan Guyane (also known as French
Guiana) is a French overseas
dependency located on the
north-eastern coast of South
America.
This geographical region has
been the focus of increased
petroleum exploration in
recent years.
Guyane, however is under-
explored, with only some
seismic coverage and two
shallow water wells drilled
in the 1970’s
The last phase of exploration
in the offshore area of Guyane
was in the 1970’s when two
wells, FG2-1 & Sinnamary-1,
were drilled & over 5,000 kms
of seismic was acquired

3. Acreage History and Commitments
Hardman’s wholly owned subsidiary, Planet Oil Limited, was awarded an
Exclusive Exploration Licence covering the vast offshore Guyane on 1 June
2001. The area of 65,000 sq kms (16 million acres) extends from the twelve-
Mile coastal limit to the 3,000m water depth contour.
Licence terms and conditions are favourable with an initial work programme of
five years divided into two phases:
Phase 1: three years (to 1 June 2004)
Geological study
500 kms seismic reprocessing
1,000 kms seismic acquisition
Phase 2: two years (to 1 June 2006)
1,000 kms seismic acquisition
drill 1 firm well
drill 1 contingent well (contingent on a drillable prospect being identified)
Permit holders are:
Hardman Resources Ltd %
Wessex International %

4. Acreage History and Commitments continued
Hardman’s initial phase of work included geological/geochemical studies and
the interpretation of well and 3,945 kms of scanned seismic data. This work
confirmed the:
presence of excellent mature Cretaceous source rock which is
connected by faults to reservoir objectives
reservoir potential in sandstones of Cretaceous and Tertiary age;
presence of numerous un-drilled structural and stratigraphic traps.
Phase 1 of the initial work programme is now nearing completion
7,500 kms of new seismic was acquired early 2003
fully processed data has been mapped & interpreted by
Hardman’s technical team
New seismic is of excellent quality and has confirmed the existence of a thicker
sedimentary section in the basin than previously identified from the 1970’s data
A number of hydrocarbon leads, both structural & stratigraphic,
have been identified in the EEL
technical work has confirmed the major structural leads of the area
of particular interest is a giant structure with multiple objectives, which
is referred to as the “Matamata Prospect”

5. Seismic Line FG02-08. Time section, water depth corrected.B
Matamata Prospect B`
2.000
Miocene
Palaeocene
Upper Albian Sands
Campanian
Cenomanian
LCC
LCC
mid Albian
flooding surface
3.000
Aptian
Lower
Aptian
10 km

6. The Guyane EEL can be divided
into 3 areas:
Demerara Plateau
FG2-1
Western Shelf Slope
Demerara Plateau
Western Shelf Slope
Eastern Shelf Slope
3000m water depth contour
Eastern Shelf Slope

7. Albian Traps: Matamata Prospect
A Matamata turtle

8. Matamata Prospect Target: Albian clastics
Closure Type: four way dip closure
EEL Division: Demerara Plateau
Location: Intersection of seismic
lines FG02-08 & FG02-34
Water Depth: 1230m
Depth bml: 1580m
Areal Extent: 450 sq km mean
Recoverable Reserves: 2,500
MMstbbl mean
Critical Risks: charge (frontier basin)
Comments: very, very large;
Excellent reservoir potential; strong
Charge model.
Matamata Prospect
Pliocene Lead
Miocene / Oligocene Lead
Campanian Lead
Eocene / Palaeocene Lead
Albian Lead
Lwr Aptian Lead

10. Seismic Line FG02-08. Time section, water depth corrected.B
Matamata Prospect B`
2.000
Miocene
Palaeocene
Upper Albian Sands
Campanian
Cenomanian
LCC
LCC
mid Albian
flooding surface
3.000
Aptian
Lower
Aptian
10 km

11. Seismic Line FG02-34. Time section, water depth corrected.
Matamata Prospect A`
2.000
Miocene
Upper Albian Sands
Palaeocene
LCC
LCC
Campanian
Cenomanian
3.000
Mid Albian
flooding surface
Aptian
Lower
Aptian
10 km

12. Seismic Line FG02-08. Time section, water depth corrected.B
Matamata Prospect B`
2.000
Miocene
Palaeocene
Upper Albian Sands
Campanian
Cenomanian
LCC
LCC
mid Albian
flooding surface
3.000
Aptian
Lower
Aptian
10 km

13. Lead S2 – Offshore Guyane
Target: Miocene / Oligocene clastics
Closure Type: stratigraphic
EEL Division: Western Shelf Slope
Location: FGO2-55 SP 1430
Water Depth: 180m
Depth bml: 950m
Areal Extent: 290 sq km mean
Recoverable Reserves: 1,700
MMstbbl yield basis
Critical Risks: seal, charge
(frontier basin)
Comments: excellent example of
a basin floor fan at the base of
a slope incusion
Lead S2 A A`
Pliocene Lead
Miocene / Oligocene Lead
Campanian Lead
Eocene / Palaeocene Lead
Albian Lead
Lwr Aptian Lead

14. Seismic Line FG02-55. Time section, water depth corrected.
0.500
Lead S2
Basin Floor Fan
Previous Shelf Break
Lowstand wedge
1.000
Previous highstand shales
1.500
5 km

15. Prospects / Leads: Recoverable Reserves Estimates