Hyperdynamics Corp (HDYNQ)

[tape660]

"This actually is, I think, a very important and pertinent question because when we drill the wells, there really are three different types of results. One is obviously commercial discovery, another is a complete dry hole, but the third point, the third possibility, which is a very likely possibility, is that we find a certain amount of oil, but it may not be exactly what we thought. But the advantage there is once you have a control point, if you found some oil, proven the hydrocarbon system, if you've got a well with ties to potential reservoirs, that's a road map for going and finding where you can get higher up-dip or where you can get a thicker reservoir. And for us, finding significant amounts of oil will be a very successful outcome. So, it won't be long now until we see what we have."