Guinea: Two-year offshore block study planned

Aug. 10, 2011
Hyperdynamics Corp., Houston, let a contract to the University of Arizona Department of Geosciences for a 2-year study of the geology and tectonic history of its 9,650 sq mile exploratory block off Guinea.

Hyperdynamics Corp., Houston, let a contract to the University of Arizona Department of Geosciences for a 2-year study of the geology and tectonic history of its 9,650 sq mile exploratory block off Guinea.

The study is to include identification and characterization of igneous rocks and associated sedimentary features from 2D and 3D seismic in order to better evaluate drilling sites.

Hyperdynamics has 77% interest in the block and farmed out 23% to Dana Petroleum PLC in January 2010.