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HyperDynamics (HDYN)

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Last Post: 10/17/2017 3:31:30 PM - Followers: 243 - Board type: Free - Posts Today: 0


Latest News

Fatala a dry hole and it's likley the end of HDYN

HOUSTON, Sept. 8, 2017 /PRNewswire/ -- Hyperdynamics Corporation (OTCQX: HDYN) ("Hyperdynamics" or the "Company"), announced that the Fatala-1 exploration well drilled offshore the Republic of Guinea in Northwest Africa has reached its total drilling depth and did not encounter hydrocarbons.

Fatala-1 was drilled in 2,897 meters of water and reached a total depth of 5,117 meters below sea level. The well encountered a 75-meter-thick Cenomanian sedimentary channel sequence, but it contained predominantly siltstone and clays with no hydrocarbon shows. The well will be plugged and abandoned.

"We are very disappointed at the results of Fatala-1, considering the extremely promising geophysical data on the prospect," said Ray Leonard, Hyperdynamics' President and Chief Executive Officer.

"Hyperdynamics and our 50% partner in the well, SAPETRO, currently hold rights to the Guinea concession through September 21, 2017.  In the very near future, we will be studying the results of the well and evaluating any future options we may have for further activity in Guinea.

"Fatala-1 was the deepest-water well ever drilled offshore Africa, and I'm pleased to say that it was drilled safely and within expected budget," Leonard added.



Management Team

Board of Directors


Hyperdynamics Makes Final Preparations for Fatala-1 Exploration Well Offshore the Republic of Guinea



HOUSTON, Aug. 2, 2017 /PRNewswire/ -- Hyperdynamics Corporation (OTCQX: HDYN) today announced that the Pacific Scirocco deep water drillship has reached its target drilling location 165 kilometers offshore the Republic of Guinea in Northwest Africa and is making final preparations to spud the Fatala-1 well later this week.

The Fatala-1 well will be drilled in approximately 2,900 meters of water to test a large turbidite fan prospect in the Transform Margin play with prospective P50 recoverable resources of 647 million barrels of oil based on a 2016 Netherland Sewell resource report.

"We expect to complete final provisioning preparations today to be ready for the actual spudding of the well no later than Friday," said Hyperdynamics' President and Chief Executive Officer Ray Leonard.

"Drilling is expected to take approximately 40 days to reach a total depth of 2,500 meters below the mud line. The next six weeks or so are going to be an extremely busy and exciting time for Hyperdynamics, as we seek to unlock what we believe is world-class oil potential from this largely untested basin offshore the Republic of Guinea in Northwest Africa." 

About Hyperdynamics

Hyperdynamics is an emerging independent oil and gas exploration company that is exploring for oil and gas offshore the Republic of Guinea in West Africa. To find out more, visit our website at



Ray Leonard
President and Chief Executive Officer

Anne Pearson / Jack Lascar
Dennard-Lascar Associates



                                                        Concession Area: Offshore Republic of Guinea, West Africa


More from the OGIS/IPAA Conference here...













Location Information


Corporate Headquarters
12012 Wickchester Lane
Suite 475
Houston, Texas 77079
713-353-9400 Main
713-353-9421 fax


Investor & Media Relations

Paolo Amoruso





Transfer Agent


  American Stock Transfer & Trust Company, LLC.
6201 15th Avenue
Brooklyn, NY 11219
Phone: 1-800-937-5449


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HDY News: Hyperdynamics Announces Fatala-1 Exploration Well Did Not Encounter Hydrocarbons 09/08/2017 07:40:00 AM
HDY News: Hyperdynamics Provides Latest Update on Drilling Status of Fatala-1 Well Offshore Guinea 08/30/2017 07:00:00 AM
HDY News: Hyperdynamics Provides Latest Update on Drilling Status of Fatala-1 Well Offshore Guinea 08/30/2017 04:23:00 AM
HDY News: Hyperdynamics Provides Update on Drilling Status of Fatala-1 Well Offshore Guinea 08/25/2017 07:43:00 AM
HDY News: Hyperdynamics Reminds Shareholders to Vote their Proxies on Reverse Stock Split Proposal 07/18/2017 07:30:00 AM
#20060  Sticky Note davidsson10 09/15/17 10:11:47 AM
#19949  Sticky Note HDYN~~ FLOAT 25M, O/S 29.4M, % Held by I m1999 09/12/17 07:48:28 PM
#19945  Sticky Note Lord... HDYN was trading in the dollars when tdbowieknife 09/12/17 07:25:49 PM
#20948   It will be a tragic comedy when the Rule_62 10/17/17 03:31:30 PM
#20947   I'm still holding Millionmasso 10/17/17 01:00:20 PM
#20946   I am going to hold a little longer. shanak10 10/17/17 12:22:18 PM
#20945   I held forever finally dumped to .13 TeddyCaswell 10/17/17 11:18:54 AM
#20943   The downward process for the Sp started couple ferab 10/17/17 10:44:17 AM
#20942   Deadlines come and deadlines go ... and HDYN Rule_62 10/16/17 01:22:21 PM
#20941   Thank you. jugs 10/16/17 11:11:30 AM
#20940   quite true DD2068 10/16/17 11:00:36 AM
#20939   Some investors will find any results acceptable as jugs 10/16/17 09:35:58 AM
#20936   kits ok to say Ray has lots of Oilguy54 10/16/17 03:55:04 AM
#20935   Not my game to convince anybody of his jugs 10/15/17 07:49:55 PM
#20934   Putting theory before actuality is sometimes fun but jugs 10/15/17 07:47:58 PM
#20933   There is still an open gap down and georgie18 10/15/17 05:45:01 PM
#20932   Ray is a long time, highly respected oil Oilguy54 10/15/17 05:30:54 PM
#20931   As of this moment, HDYN has no assets jugs 10/15/17 04:25:41 PM
#20930   HDYN...141...Chart...Bollinger Bands are very tight here can go georgie18 10/15/17 06:50:07 AM
#20929   Of course you're right but given that we're jugs 10/11/17 07:45:45 PM
#20928   The seismic is worth something to HDYN only tdbowieknife 10/11/17 06:07:40 PM
#20927   Just remember that any seismic Total is now Rule_62 10/11/17 06:02:55 PM
#20926   Anyone can be successful with a good hand. Oilguy54 10/11/17 05:41:06 PM
#20925   I doubled down so if it ever gets pete807 10/11/17 04:33:52 PM
#20924   Total is a French oil company. It is jugs 10/11/17 04:22:52 PM
#20923   Reason I asked is a story a few Millionmasso 10/11/17 03:43:26 PM
#20922   Not even close... tdbowieknife 10/11/17 01:38:14 PM
#20921   Not that I care anymore, but it doesn't benchman 10/11/17 11:31:36 AM
#20920   Isn't total an hyperdynamic the same company different division Millionmasso 10/11/17 11:26:07 AM
#20919   Total swoops in and scoops up the rights Rule_62 10/11/17 10:28:07 AM
#20918   Any word ? Shut it been weeks Millionmasso 10/10/17 09:46:07 AM
#20917   I agree with your logic. Defining the premise is jugs 10/09/17 08:52:02 PM
#20916   Ray has probably been in the oil business Oilguy54 10/09/17 08:39:35 PM
#20915   Marked ya back thanks! GoldDog83 10/09/17 03:05:42 PM
#20914   I'm a long time stock holder - RL PAspud 10/09/17 01:24:35 PM
#20913   Any word on 10k release ? Millionmasso 10/09/17 11:14:40 AM
#20912   Big day ? Or same old same old ? Millionmasso 10/09/17 09:28:40 AM
#20911   Ray is a long time, highly respected oil jugs 10/08/17 07:45:26 PM
#20910   Do you think Ray skipped town with any Oilguy54 10/08/17 11:01:18 AM
#20909   Im still here waitin TeddyCaswell 10/07/17 01:22:30 PM
#20908   Guinea!! Yea you can we at least get Millionmasso 10/05/17 10:27:48 AM
#20907   Hey management can we get some news Millionmasso 10/05/17 10:26:32 AM
#20906   I'm in for the long news is Millionmasso 10/02/17 12:06:33 PM
#20905   No debt and no assets. Oilguy54 10/01/17 10:51:59 AM
#20904   The day is half over so what time PAspud 09/29/17 12:54:48 PM
#20903   tomorrow it will fly another 40% or more Brumo 09/28/17 09:25:59 PM
#20902   Not that they published a whole lot, but Rule_62 09/28/17 06:24:35 PM
#20901   Not a bad report at all .. company Millionmasso 09/28/17 03:25:47 PM
#20900   soon you will fulfill your dream brother Brumo 09/28/17 11:15:16 AM
#20899   Can I sell for a dollar by noon PAspud 09/27/17 04:24:06 PM
#20898   She looking to run again Friday ...let's we Millionmasso 09/27/17 01:54:09 PM
#20895   Trade volume down ? I wonder why Millionmasso 09/25/17 02:31:56 PM
#20893   Under 0.10 first , then under 0.05 later munimi 09/23/17 05:11:27 PM