Hyperdynamics Corp (HDYNQ)

[spacecityTX]

Wev have a signed contract thankfully.

Tullow to Stress Existing Finds Over Exploring After Oil’s Crash - - - Bloomberg
"Tullow Oil Plc (TLW), a British oil producer active across Africa, will emphasize exploration onshore in Kenya over costly offshore wells as the company grapples with lower oil prices."

“We just cannot compete on the international scene unless we cut those costs back,” Tullow Chief Executive Officer Aidan Heavey said in an interview in Cape Town. With “a high cost environment and lower oil prices, you really have to focus in on the areas that are more cost-effective to develop.”

"“Right now shareholders don’t particularly want big exploration because if you find oil in deep water the big question is, ‘where is the capital going to come from to develop it?’” Heavey said."

http://www.bloomberg.com/news/2014-11-05/tullow-to-stress-existing-finds-over-exploring-after-oil-s-crash.html