Hyperdynamics Corp (HDYNQ)

[gpg]

http://finance.yahoo.com/news/Hyperdynamics-Announces-prnews-2216308729.html?x=0&.v=1

Hyperdynamics Announces Addition to its Management Staff

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EmailPrint..Press Release Source: Hyperdynamics Corporation On Wednesday February 16, 2011, 7:00 am
HOUSTON, Feb. 16, 2011 /PRNewswire/ -- Hyperdynamics Corporation (NYSE Amex: HDY) announced today that Andrei Orlov has joined the company as Vice President for Business Development based in London, England.

Orlov most recently was a Regional Director of Foster Wheeler, a global engineering and construction firm, and prior to that, Vice President for Business Development in the former Soviet Union with SNC Lavalin, Canada's largest engineering firm. He has more than 15 years of international project and business development experience for the oil and gas industry in Europe and the former Soviet Union.

"With the addition of Andrei Orlov to our team, we are continuing to build the solid management and operational capabilities to enable Hyperdynamics to grow in the future," said Ray Leonard, President and Chief Executive Officer. "Andrei's years of experience in the field of international mergers and acquisitions will be an invaluable addition to the management team of Hyperdynamics. He will be responsible for the business development function of the company and will work closely with the Houston and Guinea offices in our farm-out and expansion efforts."

About Hyperdynamics

Hyperdynamics is an emerging independent oil and gas exploration and production company that is exploring for oil and gas offshore the Republic of Guinea in West Africa. To find out more, visit our website at www.hyperdynamics.com.

Forward Looking Statements

This news release and the Company's website referenced in this news release contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding Hyperdynamics Corporation's future plans and expected performance that are based on assumptions the Company believes to be reasonable. Statements preceded by, followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", "may increase", "may result", "will result", "may fluctuate" and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. A number of risks and uncertainties could cause actual results to differ materially from these statements, including without limitation, funding and exploration efforts, fluctuations in oil and gas prices and other risk factors described from time to time in the Company's reports filed with the SEC, including the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2010. The Company undertakes no obligation to publicly update these forward looking statements to reflect events or circumstances that occur after the issuance of this news release or to reflect any change in the Company's expectations with respect to these forward looking statements.

HDY-IR


Contacts:
Dennard Rupp Gray & Lascar, LLC


Ken Dennard, Managing Partner


Jack Lascar, Partner


[phone]


Anne Pearson, Sr. Vice President


[phone]