Hyperdynamics Corp (HDYNQ)

[tdbowieknife]

Fatala still economic at current oil prices, well cost around 57 mil. and will be drilled. Gulf of Mexico much more expensive to drill, well costs 100-150 mil.

Latest wells near concession on transform margins like the Hyperdynamics concession reduce risk and show that the Hyperdynamics concession is an even better prospect than a year ago.

Tullow has given up all it's other concessions and has chosen to keep the Hyperdynamics concession. Shows that they believe there is real potential there, is thier best shot at a big find and is beginning to move forward with efforts to drill in 2016.


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