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Guinea

Hyperdynamics Receives Presidential Decree Implementing the Third Amendment to the Production Sharing Contract

PrNewswire,

HOUSTON, April 25, 2017 /PRNewswire/ -- Hyperdynamics Corporation (OTCQX: HDYN) today announced that its wholly owned subsidiary, SCS Corporation Ltd., and its project partner, South Atlantic Petroleum (SAPETRO), have received notice of a Presidential Decree signed by the President of the Republic of Guinea implementing the Third Amendment to its Production Sharing Contract that was signed April 12, 2017 by the partners and representatives of the Government.

Hyperdynamics, SAPETRO and the Republic of Guinea Sign Third Amendment to the Production Sharing Contract

PrNewswire,

HOUSTON, April 19, 2017 /PRNewswire/ -- Hyperdynamics Corporation (OTCQX:HDYN) today announced that its wholly owned subsidiary, SCS Corporation Ltd. ("SCS"), South Atlantic Petroleum ("SAPETRO") and the Government of the Republic of Guinea have executed a Third Amendment to the 2006 Production Sharing Contract ("PSC"). The Third Amendment will become effective on the date it is approved by Decree of the President of the Republic of Guinea.

IBM Scientist Earns National Science Foundation Award For Video Data Visualization

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CAMBRIDGE, Mass., March 31, 2017 /PRNewswire/ -- IBM Research (NYSE: IBM) scientist, and manager of IBM's Cognitive Visualization Lab in Cambridge, MA Dr. Mauro Martino has earned a National Science Foundation Vizzie award for his video data visualization Network Earth. The video, published by Nature, uses data visualization technology to combine the theoretical physics of resilience patterns in networks, with the real world data of networks in nature - in this case, the mutualism between select species of ants and plants in Australia and New Guinea.

Hyperdynamics Executes Farmout Agreement with SAPETRO for a 50% Interest in its Guinea Oil Exploration Program

PrNewswire,

HOUSTON, March 31, 2017 /PRNewswire/ -- Hyperdynamics Corporation (OTCQX: HDYN) (the "Company") today announced that its wholly owned subsidiary, SCS Corporation Ltd. ("SCS"), and South Atlantic Petroleum ("SAPETRO") today executed a Farmout Agreement (FOA). Under the terms of the FOA, SAPETRO will receive a 50% participating interest in the Production Sharing Contract ("PSC") between the Republic of Guinea and SCS in exchange for its commitment to pay 50% of the Fatala well costs (the minimum work program under the PSC) plus reimbursement to SCS of half of the costs previously incurred in preparing for the well since the PSC Second Amendment was signed. The approximate amount of such previous costs is estimated to be approximately $8-10 million depending on the timing of the completion of the FOA and upon approval of the Guinea Government. SAPETRO and the Guinea National Petroleum Office signed a Tri-partite Protocol on March 10 setting a deadline for submission of farmout documents b

Hyperdynamics Corporation Signs a Tri-Party Protocol with the Guinea Government and SAPETRO

PrNewswire,

HOUSTON, March 13, 2017 /PRNewswire/ -- Hyperdynamics Corporation (OTCQX: HDYN) (the "Company") today announced that its wholly owned subsidiary, SCS Corporation Ltd. ("SCS"), has collectively executed on March 10, 2017 in Conakry a Tri-party Protocol "Protocol" with the Government of the Republic of Guinea and South Atlantic Petroleum ("SAPETRO"). The document has been signed by the Director General of the National Petroleum Office, Diakara Koulibaly, Dale Rollins, Managing Director of SAPETRO, and Ray Leonard, Hyperdynamics' President and Chief Executive Officer.

InterOil Secures US$470 Million Credit Facility

PrNewswire,

SINGAPORE and PORT MORESBY, Papua New Guinea, Feb. 7, 2017 /PRNewswire/ -- InterOil Corporation (NYSE: IOC, POMSox: IOC) today announced that it has entered into a new US$470 million senior secured credit facility. Once the conditions precedent are satisfied, the new facility will refinance and replace the existing US$400 million secured capital expenditure facility.

Antelope-7 Side Track Drilling Update

PrNewswire,

SINGAPORE and PORT MORESBY, Papua New Guinea, Feb. 1, 2017 /PRNewswire/ -- InterOil Corporation (NYSE:IOC;POMSoX: IOC) today provided an update on the Antelope-7 side track appraisal well.

InterOil Reminds Shareholders to Vote "FOR" the ExxonMobil Transaction Today

PrNewswire,

SINGAPORE and PORT MORESBY, Papua New Guinea, Jan. 30, 2017 /PRNewswire/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) today urged shareholders to follow the recommendations of leading independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS"), and Glass Lewis & Co. ("Glass Lewis"), by voting FOR the proposed transaction with Exxon Mobil Corporation (NYSE: XOM) in connection with the upcoming Special Meeting scheduled for February 14, 2017. To be counted, all proxies must be received by 12:00 PM ET on February 10, 2017.

8 Arrested in Guinea for Illicit Sale of Antimalarial Drugs

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CONAKRY, Guinea, Jan. 19, 2017 /PRNewswire-USNewswire/ -- This week, an investigation by the U.S. Agency for International Development (USAID) Office of Inspector General (OIG) led local authorities in Guinea to arrest 8 individuals for illegally selling drugs to fight malaria. The arrests came after weeks of joint investigative work by OIG and the Guinean National Gendarmerie to secure evidence of theft, diversion, and resale of U.S. Government-funded antimalarial commodities.

Hyperdynamics Completes Additional Milestone in Preparations for Drilling Deepwater Well Offshore Guinea with Signing of Master Service Agreement with Schlumberger, Provides Update on Additional Prepa

PrNewswire,

HOUSTON, Jan. 3, 2017 /PRNewswire/ -- Hyperdynamics Corporation (OTCQX: HDYN) announced today that SCS Corporation Ltd. ("SCS"), its wholly owned subsidiary, has signed a Master Service Agreement ("MSA") with Schlumberger to provide essential drilling services for the deepwater exploration well planned for the second calendar quarter of 2017 offshore the Republic of Guinea.

InterOil Corporation Antelope-7 Drilling Update

PrNewswire,

SINGAPORE and PORT MORESBY, Papua New Guinea, Dec. 22, 2016 /PRNewswire/ -- InterOil Corporation (NYSE: IOC;POMSoX: IOC) today announced that according to information provided by Total E&P PNG Limited ("Total"), the operator of Petroleum Retention License 15 ("PRL15") in the Gulf Province of Papua New Guinea, the Antelope-7 appraisal well has now reached 2,127 meters (6,978 feet) measured depth below rotary table (MDRT) and has not intersected the Antelope reservoir.

Equatorial Guinea Detains SGBGE Employees for Transferring Confidential Banking Information to Third Parties

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MALABO, Equatorial Guinea, Dec. 19, 2016 /PRNewswire-USNewswire/ -- The Republic of Equatorial Guinea has detained three employees of the French bank Société Générale de Banques en Guinée Equatoriale (SGBGE) for transferring confidential banking information to third parties outside the country.

InterOil Provides Update on ExxonMobil Transaction

PrNewswire,

SINGAPORE and PORT MORESBY, Papua New Guinea, Dec. 13, 2016 /PRNewswire/ -- InterOil Corporation (NYSE: IOC, POMSox: IOC) today provided an update on the transaction with Exxon Mobil Corporation (NYSE: XOM).

Marriott International Debuts First Hotel In West Africa With Sheraton Grand Conakry

PrNewswire,

BETHESDA, Md., Dec. 12, 2016 /PRNewswire/ -- Sheraton Hotels & Resorts, part of Marriott International, Inc. (NASDAQ: MAR), today announced the debut of Sheraton Grand in Africa with opening of Sheraton Grand Conakry, welcoming it to the brand's premier tier of hotels recognized for their exciting destinations, distinguished designs, and excellence in service and guest experiences. The newly built hotel marks Marriott International's entry into Guinea, West Africa and joins a portfolio of more than 35 Sheraton Grand properties worldwide, with destinations spanning Istanbul, Dubai, Bangalore, Beijing and beyond.

Equatorial Guinea Satisfied with International Court of Justice Ruling on Paris Property, Calls on France to Withdraw Charges Against Vice President

PrNewswire,

MALABO, Equatorial Guinea, Dec. 8, 2016 /PRNewswire-USNewswire/ -- The Republic of Equatorial Guinea has expressed its satisfaction with the ruling by International Court of Justice (ICJ) in The Hague that recognizes the diplomatic nature of a building that had been seized in Paris by French authorities.

Hyperdynamics Signs a Letter of Intent with SAPETRO for a 20% Participating Interest in its Guinea Oil and Gas Concession

PrNewswire,

LAGOS, Nigeria, Dec. 5, 2016 /PRNewswire/ -- Hyperdynamics Corporation (OTCQX: HDYN) today announced it has signed a Letter of Intent (LOI) with South Atlantic Petroleum Limited (SAPETRO) under which the two companies will negotiate the assignment of a participating interest in Hyperdynamics' oil and gas concession offshore the Republic of Guinea. SAPETRO is a privately held Nigerian oil and gas exploration and production company with a portfolio of assets in Nigeria and the Mozambique Channel. The Letter of Intent, which is non-binding, calls for SAPETRO to take a 20% participating interest in exchange for paying 40% of the costs of the upcoming Fatala well up to a $50 million cap of predicted total well costs. Above that amount, SAPETRO would pay its proportional 20% share.

Hyperdynamics Signs Definitive Contract with Pacific Drilling to Drill Offshore Guinea Prospect, Provides Update on Additional Preparations

PrNewswire,

HOUSTON, Nov. 30, 2016 /PRNewswire/ -- Hyperdynamics Corporation (OTCQX: HDYN) announced today that it has signed a definitive drilling services contract with a subsidiary of Pacific Drilling SA to engage the Pacific Bora drillship to begin a drilling campaign offshore the Republic of Guinea in the second calendar quarter of 2017.

Equatorial Guinea To Host Africa-Arab Economic Forum

PrNewswire,

MALABO, Equatorial Guinea, Nov. 17, 2016 /PRNewswire-USNewswire/ -- The Republic of Equatorial Guinea will host the Africa-Arab Economic Forum aimed at enhancing investment opportunities through financing and cross-border infrastructure development to open the IV Africa-Arab World Summit. The Forum will be held at the Sipopo Conference Center in Malabo on November 18.