Encouraging shows at Woodada

Hardman Resources and the recently listed Bounty Oil and Gas have told the stock exchange that drilling at their Woodada-19 well (onshore Perth Basin), has indicated "significant" gas shows in the Carynginia Limestone Formation at 2200 metres.

Hardman said it was currently testing the zone of the first gas shows before proceeding to test secondary targets, which have not been previously tested.

The Woodada-19 well is located in PL 5, 260km north of Perth. Hardman has a 75% interest in the permit with Bounty Oil and Gas earning the remainder.