Hyperdynamics Corp (HDYNQ)

[thirdcoaster]

You mean SAPetro, not PACD, covering funding shortfall.

They will ultimately do that with success, or HDYN will deal with it in BK court with failure.

Its likely the invoice for the August day rates will be submitted 1st week of September and due for payment 30-60 days later. So about $7M total, with $3.5M paid by each JV partner. Same goes for the July month.

The outcome of the well may be known before millions in payment are even due.