Continental Focus, International Reach

Guinea

Wednesday, July 30, 2008

RELEASE–Hyperdynamics Receives Full Support From Guinea Government’s New Administration

Early in July, Hyperdynamics Corporation announced that it would send a delegation to the Republic of Guinea at the invitation of the Chief of the Government, Prime Minister Dr. Ahmed Tidiane Souare. The delegation traveled to Guinea last week. From July 21st to 25th, Hyperdynamics representatives met with twelve different ministers and the President of the National Assembly, Mr. Aboubacar Sompare. Kent Watts, Hyperdynamics’ Chief Executive Officer, led the delegation, which also included James Spear, Executive Vice President of Exploration and Production, Harry Briers, Executive Vice President, Sarah Berel-Harrop, Chief Financial Officer, and Drex Mallory, Assistant to the Chief Executive Officer. Two partners of the Washington based law firm of Patton Boggs LLC, Michael Driver and Jude Kearney, accompanied the group. Vice President of African Affairs Famourou Kourouma, with the assistance of in-country staff, planned and coordinated all events.

On Monday, July 21st, Hyperdynamics made a formal presentation, including a complete technical update, to the Prime Minister. Following the presentation the Prime Minister asked the delegation to meet with other ministers of the government as an introduction and a show of support and encouragement for the Company’s exploration work. RTG National Television interviewed members of the delegation immediately after the meeting with Prime Minister Souare. Later in the week, RTG covered a meeting with the President of the National Assembly, during which Mr. Sompare reconfirmed his support for the contract between SCS Corporation, the Company’s wholly owned subsidiary, and the Republic of Guinea. Thursday night, RTG covered a dinner that was attended by several ministers including the Minister Secretary General of the office of the president, Sam Soumah. At the dinner, Minister Secretary General Soumah stated that the President maintains his full approval and support of the Company’s exploration work offshore Guinea and encouraged accelerating efforts for the benefit of Guinea. RTG Television, in three separate stories, aired its coverage of the dinner, Hyperdynamics’ meeting at the National Assembly, and Hyperdynamics’ meeting with the Prime Minister. RTG’s newsroom anchor reported that, after the meeting on Monday, the Prime Minister expressed his full support and encouraged the Company to continue its work towards a discovery.

On Friday, the delegation held its last scheduled meeting with Mr. Tibou Kamara, Minister of Communication, New Technologies, and Information. Mr. Kamara, spokesman for the government, addressed the delegation and explained that the Prime Minister had taken over the oil and gas exploration project file and was personally handling it. Mr. Kamara stated that President Conte, Prime Minister Souare, all other ministers of the government and the Minister Secretary General Sam Soumah all give their full support for Hyperdynamics exploration work to continue and accelerate.  
The company expects to soon release additional information regarding last week’s events in Guinea. In addition to national television coverage, Hyperdynamics’ camera crew recorded most meetings. Management asks all its shareholders to stay abreast of its news and filings.

About Hyperdynamics
Hyperdynamics Corporation provides energy for the future by exploring and producing sources of energy worldwide. The company’s internationally active oil and gas subsidiary, SCS Corporation, owns rights to explore and exploit 31,000 square miles offshore the Republic of Guinea, West Africa. HYD Resources Corporation focuses on domestic production in proven areas. To find out more about Hyperdynamics Corporation, visit the corporate website at
http://www.hyperdynamics.com.

Forward Looking Statements
Statements in this news release are "forward looking" as defined by the U.S. Securities and Exchange Commission and are based on expectations, beliefs or projections that are subject to numerous risks and uncertainties. Investors are cautioned that these statements are not guarantees of future performance, and actual results could differ materially. Please refer to "Risk Factors" in the company’s Form 10-K filed with the SEC.

HDY-IR
SOURCE: Hyperdynamics Corporation
Investor Awareness, Inc.
Tony Schor or Lindsay Kenoe, 847-945-2222
 
www.investorawareness.com
or
Roher Public Relations
Phillip Bergman, Vice President, 914-741-2256 ext. 302


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