Offshore Guinea concession interests in negotiations

Hyperdynamics Corp. (NYSE:HDY) has agreed to start exclusive negotiations regarding acquisition of 40% gross interest in a concession offshore Guinea by Tullow Oil plc.

Offshore staff

HOUSTON –Hyperdynamics Corp. (NYSE:HDY) has agreed to start exclusive negotiations regarding acquisition of 40% gross interest in a concession offshore Guinea by Tullow Oil plc.

The exclusivity expires Nov. 19, 2012. If completed, the transaction is expected before year end.

10/29/2012

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