Continental Energy Acquires Interest in New Block in Indonesia

Continental Energy Corporation announced that it has acquired an interest in a new production sharing contract in Indonesia. Pursuant to a joint bid agreement with Adelphi Energy Limited and GeoPetro Resources Company, the group’s joint venture company, ACG (South Bengara-II) Pte. Ltd., signed a new PSC for the South Bengara-II block. Continental’s wholly owned subsidiary, Continental... 

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Hyperdynamics’ Executives to Attend 15th Africa Oil Week in Cape Town, South Africa

Hyperdynamics Corporation announced that top executives from the Company are attending the 15th Africa Oil Week being held next week in Cape Town, South Africa. This is Africa’s premier international event operated by Global Pacific and Partners. It is the world’s largest and most significant exploration and development event on Africa for the global oil exploration and gas-LNG industry. The event... 

Patton Boggs and Hyperdynamics to Support JV Partner Program

Hyperdynamics Corporation released a report saying that it has signed a new and more comprehensive engagement with the renowned Washington-based lobbyist law firm of Patton Boggs LLP. Hyperdynamics had originally engaged Patton Boggs over a year ago but the scope of the representation was primarily focused on helping the company develop more extensive relationships with officials in Washington. Given... 

Hyperdynamics Sees New Quarterly High for Production and Revenue

Hyperdynamics Corporation announced that its Louisiana based oil production operations reported gross oil sales of approximately 15,592 barrels for the 4th quarter ending June 30, 2008. The Company’s revenue derived from this production is approximately $1,260,000. This sets a new production record and represents the highest quarterly revenue ever for the company. June oil sales held steady at over... 

Hyperdyanmics’ Louisiana Production Remains Steady in Face of Mississippi Flood

Hyperdynamics Corporation (AMEX:HDY) announced today that its Louisiana-based operations reported May gross oil sales in excess of 5,200 barrels as production continues to be constrained by record setting floods being experienced along the Mississippi River. Although the floods have hampered production for months, the company reported that it received an average price in excess $123 a barrel for its... 

Top bauxite exporter withdraws mining agreements for review

Guinea, the world’s number one bauxite expor-ter, says it is with-drawing agreements made with a U.S. oil company and a Russian-managed bauxite producer as part of a planned review of minerals contracts. The withdrawals were announced in a government statement read on state television Sunday. They referred to a production-sharing contract with American oil company Hyperdynamics and an annex of... 

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Hyperdynamics Answers Investors’ Frequently Asked Questions

Hyperdynamics Corporation, in response to increasing interest from investors about the company’s progress, has made available an extensive question and answer document on its website. The “Frequently Asked Questions” section addresses issues ranging from the company’s 2007 work plan for its concession offshore Guinea, to financing needs, to its plans for its domestic subsidiary....