Hyperdinamcs-SAPETRO Guinea farmout complete

Hyperdynamics Corporation’s subsidiary, SCS Corporation Ltd., and South Atlantic Petroleum (“SAPETRO”) have completed the closing of their previously announced Farmout Agreement. SCS and SAPETRO are now full 50/50 partners in the Production Sharing Contract (“PSC”) with the Republic of Guinea, with each responsible for its proportionate share of the project costs. SCS has received the […]

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