Hyperdynamics Resumes Drilling Sabu-1 Exploration Well

Hyperdynamics Corporation resumed drilling operations Wednesday on the Sabu-1 exploration well in its concession offshore the Republic of Guinea in West Africa.

Drilling recommenced from a point 4,724 feet (1,440 meters) subsea and is planned to continue to a total depth of 11,811 feet (3,600 meters). Hyperdynamics plans to continue to provide progress updates.

Hyperdynamics operates the Guinea concession with a 77 percent participating interest, with the remaining 23 percent held by Aberdeen-based Dana Petroleum, a wholly owned subsidiary of the Korean National Oil Company. The well is operated through AGR, a well management company.


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