Hyperdynamics Corp (HDYNQ)

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Hyperdynamics and SAPETRO receive Guinea Government assurance of its consent to the appraisal period
"Drilling well on paper" exercise successfully implemented

HOUSTON, July 17, 2017 /PRNewswire/ -- Hyperdynamics Corporation (OTCQX: HDYN) ("the Company") today announced that it has received a letter from the Government of Guinea confirming that a two-year appraisal period will be granted to the consortium of SCS Corporation Ltd. ("SCS"), a wholly owned subsidiary of HDYN, and South Atlantic Petroleum ("SAPETRO") in the event of an oil discovery in the Fatala-1 well. The letter was signed by the Director of ONAP (Guinean equivalent of the Ministry of Oil) Diakaria Koulibaly in response to the official request sent by SCS Corporation Ltd., for the two-year appraisal period.