
Wednesday, March 19, 2014
Hyperdynamics Corp. contacted the Guinea government and Tullow Oil responding rto Tullow’s assertion without advance notification or discussion of the force majeure and suspension of plans on exploration activities in Gl offshore Guinea.
Hyperdynamics believes Tullow’s unilateral actions are unwarranted and untimely to declare a force majeure. The company plans to have additional communications in an effort to recommence drilling plans; however, it cannot predict the timing or outcome of these efforts.