HOUSTON, Dec. 6, 2010 /PRNewswire-FirstCall/ -- Hyperdynamics Corporation (NYSE Amex: HDY) announced today that Arthur F. Meadows has joined the company as Operations Manager based in Conakry, Republic of Guinea.
"With the addition of Art Meadows to our in-country Guinea staff, as well as recently contracting with AGR Peak Well Management Limited as drilling project manager, we continue to strengthen our team to operate the Guinea project," said Ray Leonard, President and Chief Executive Officer. "Art has more than 20 years of managing international project logistics, primarily for the oil and gas industry in Central Asia and the Middle East. He will be responsible for organizing warehouses and storage yards, helicopter transportation services, construction contracting, materials and equipment purchasing, general logistics and local worker training."
Meadows most recently was a country manager for DGT, a project logistics company serving oil and gas and other industries, in Azerbaijan, Kazakhstan and Turkmenistan. Earlier, he held similar positions with Karasu Operating Company, an oil and gas operator, in Azerbaijan; and Logenix International LLC, a logistics company specializing in USAID and government contracts, working in Iraq, Kuwait, Dubai and Jordan. Meadows spent six years in the U.S. Army in a supply/logistics role, followed by six years with the U.S. Marine Corps, where he was a graduate of the Advanced Leadership course.
Hyperdynamics is an emerging independent oil and gas exploration and production company that is exploring for oil and gas offshore the Republic of Guinea in West Africa. To find out more, visit our website at www.hyperdynamics.com.
Forward Looking Statements
This news release and the Company's website referenced in this news release contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding Hyperdynamics Corporation's future plans and expected performance that are based on assumptions the Company believes to be reasonable. Statements preceded by, followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", "may increase", "may result", "will result", "may fluctuate" and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. A number of risks and uncertainties could cause actual results to differ materially from these statements, including without limitation, funding and exploration efforts, fluctuations in oil and gas prices and other risk factors described from time to time in the Company's reports filed with the SEC, including the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2010. The Company undertakes no obligation to publicly update these forward looking statements to reflect events or circumstances that occur after the issuance of this news release or to reflect any change in the Company's expectations with respect to these forward looking statements.
Dennard Rupp Gray & Lascar, LLC
Ken Dennard, Managing Partner
Jack Lascar, Partner
Anne Pearson, Sr. Vice President
SOURCE Hyperdynamics Corporation