TheStreet.com  Apr 2  Comment 
NEW YORK (TheStreet) -- Hyperdynamics closed down 3.59% to $1.88 on Wednesday as accounting firm Deloitte & Touche announced they will no longer represent the oil and gas exploration company. Hyperdynamics is being investigated by the SEC and...
DailyFinance  Mar 20  Comment 
NEW YORK, NY -- (Marketwired) -- 03/20/14 -- March 20, 2014 - Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of Texas on behalf of investors who purchased...
OilVoice  Mar 18  Comment 
Hyperdynamics Corporation NYSE HDY announced that it has communicated to the Government of Guinea and Tullow its response to Tullow39s assertion without advance notification or discussion of for
DailyFinance  Mar 13  Comment 
The Rosen Law Firm announces that it is investigating potential civil securities violations against Hyperdynamics Corporation (NYSE:HDY) resulting from allegations that the company made inadequate disclosures relating to known...
TheStreet.com  Mar 12  Comment 
NEW YORK (TheStreet) -- Hyperdynamics  plummeted 56.84% to $2.27 on Wednesday amid a U.S. investigation into the company. Tullow, a U.K. explorer that chiefly operates in Africa, suspended work at a project off Guinea as the U.S. Department of...
OilVoice  Mar 12  Comment 
Hyperdynamics Corporation NYSE HDY announced that Tullow Guinea Limited quotTullowquot asserted on March 11 2014 to the Government of Guinea and members of the Consortium its claim that ther
Benzinga  Dec 10  Comment 
Hyperdynamics (NYSE: HDY) announced today that it has appointed David Wesson as its new Vice President and Chief Financial Officer. Mr. Wesson, who currently serves as the Company's Controller, will assume this new role effective January 1.  He...
SeekingAlpha  Dec 9  Comment 
By John Leonard: Key takeaways The recent stock decline and low EV for Hyperdynamics (HDY) significantly discounts the possibility of successful drilling in one of the most lucrative yet overlooked regions. A high net cash position...
Benzinga  Oct 1  Comment 
Hyperdynamics (NYSE: HDY) dropped 20.48% to $3.5150 after the company announced the notification of DoJ subpoena. Broadway Financial (NASDAQ: BYFC) plummeted 17.36% to $1.00. Broadway Financial's trailing-twelve-month operating margin is...
StreetInsider.com  Sep 30  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Hyperdynamics+%28HDY%29+Subpoenaed+by+DOJ+/8733611.html for the full story.


Hyperdynamics was founded in 1996 and is traded on the American Stock Exchange under the symbol HDY. The company is based in Sugar Land, Texas, near Houston.

Hyperdynamics is looking for large deposits of oil and gas on the west coast of Africa, specifically offshore oil from the Republic of Guinea. They have the largest exploration rights in the region.

The company website states: "Hyperdynamics is committed to providing energy for the future by exploring for new sources of oil and gas both domestically and internationally. The company currently is exploring offshore in the Republic of Guinea and holds the largest exploration license in West Africa, covering 31,000 square miles."

Management Team

  • Ray Leonard, Chairman and Chief Executive Officer
  • Harry James Briers, Executive Vice President and Director
  • Famourou Kourouma, Vice President of Guinea Affairs

West Africa Operations

  • Largest offshore exploration acreage position in West Africa through its subsidiary, SCS Corporation
  • 31,000 square mile contract area offshore Republic of Guinea in 2002.
  • Acquired an additional 5,000 km of new 2D seismic.

U.S. Domestic Operations

  • Conducted through HYD Resources Corporation ("HYDR")
  • Shallow oil production in central and northeast Louisiana
  • Goals are to increase production from existing properties through well workovers, re-entries, and recompletions.


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