Petroleum Africa
Find us on: 
Tuesday, August 26, 2008
Release
Hyperdynamics Video From
In July, the Company’s Chief Executive, Kent Watts traveled to Guinea, at the invitation of Prime Minister, Dr. Ahmed Tidian Souaré, and was asked to give a comprehensive update on the progress of exploration work under the September 2006 Production Sharing Contract between the Company and The Republic of Guinea. As reported previously, the delegation from Hyperdynamics included various members of management as well as two partners of the Washington based law firm of Patton Boggs LLC.
On Monday, July 21st, Hyperdynamics made a formal presentation, including a complete technical update, to the Prime Minister. Following the presentation the Prime Minister asked the delegation to meet with ten other ministers of the government as an introduction and a show of support and encouragement for the Company’s exploration work. While there, they were also invited once again to meet with the President of the National Assembly, Mr. Aboubacar Somparé. This first video release includes excerpts from meetings with Prime Minister Souaré, the then Minister Secretary General, Sam Soumah, the President of the National Assembly Somparé, and the Minister of Finance and Economy, Dr. Ousmane Dore.
On Wednesday, August 20, 2008, Prime Minister Souaré, as the Chief of Government of Guinea, sent a letter of thanks to Hyperdynamics for their recent visit to Guinea and their impressive demonstration of commitment to the Hydrocarbon Production Sharing Contract. Considering that this came on the heels of the letter of gratitude and solidarity from Guinea’s new Minister Secretary General of the President of Guinea, Mr. Alpha Ibrahima Keira; the Prime Minister’s letter was a notable expression of total support for the Company’s exploration efforts.
Acknowledging the Prime Minister’s encouragement, Kent Watts added, “We sincerely appreciate the Prime Minister’s recognition that the work we’ve performed in the last year in Guinea has indisputably resulted in mission-critical success in meeting our obligations to explore and analyze the concession area. Our vitally important work has now been confirmed and understood fully by the entire government of Guinea, in a manner of solidarity, beginning with the Chief of State, President Lansana Conté, the President of the National Assembly, Mr. Somparé, and now the Chief of the Government, Prime Minister Souaré. The Guinea Government is clearly urging us to move forward aggressively towards a world class discovery and this remains our primary focus.”
Regarding its memorable week long trip to Guinea in July 2008, the Company plans to release additional video segments in the coming weeks as they are completed and become available for viewing.
About Hyperdynamics
Hyperdynamics Corporation provides energy for the future by exploring and producing sources of energy worldwide. The company’s internationally active oil and gas subsidiary, SCS Corporation, owns rights to explore and exploit 31,000 square miles offshore the Republic of Guinea, West Africa. HYD Resources Corporation focuses on domestic production in proven areas. To find out more about Hyperdynamics Corporation, visit the corporate website at http://www.hyperdynamics.com.
Forward Looking Statements
Statements in this news release are “forward looking” as defined by the U.S. Securities and Exchange Commission and are based on expectations, beliefs or projections that are subject to numerous risks and uncertainties. Investors are cautioned that these statements are not guarantees of future performance, and actual results could differ materially. Please refer to “Risk Factors” in the company’s Form 10-K filed with the SEC.
Contact:
Investor Awareness, Inc.
Tony Schor or Lindsay Kenoe, 847-945-2222
or
Roher Public Relations
Phillip Bergman, Vice President, 914-741-2256 ext. 302
Source: Hyperdynamics Corporation
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
