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Hardman Resources Ltd - 02-Mar-05

Has entered into an agreement with Ascent Resources plc to sell two wholly-owned subsidiaries, Gabon Investments (Iris Marin) Pty Ltd and Gabon Investments (Themis Marin) Pty Ltd. These companies hold a 12.86% participating interest in the Iris Marin Production Sharing Contract and in the Themis Marin Production Sharing Contract.

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