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Re: None

Monday, 05/05/2014 11:57:40 AM

Monday, May 05, 2014 11:57:40 AM

Post# of 21090
Hold on guys. While great news, is nobody paying attention to fine print?

"Diligent efforts are being made to satisfy the conditions to resuming petroleum operations which include clarification that the U.S. FCPA investigations of Hyperdynamics will not adversely affect Tullow's operations under the PSC."

That's why the stock is still in the 2s. There is still risk that Guinea could kick out HDY from the PSC and terminate the PSC. Tullow wants zero risk (or they get it all).