Replies to post #18066 on Hyperdynamics Corp (HDYNQ)

[hillzman]

True, but Tullow can drag their feet and delay pending the DOJ and Guinea investigations. HDY has essentially nothing outside the concession and the pending well. I suppose they "might" be able to sell down their WI% to maybe 20%-25%, but given current pressures on oil prices its hard to tell if they'd have any takers at a decent price. Dana seems content with their 23%, and I doubt Tullow would want more except if HDY goes BK and they can get it "on the cheap".