HOUSTON, Dec. 1, 2010 /PRNewswire-FirstCall/ -- Hyperdynamics Corporation (NYSE Amex: HDY) announced today that Ray Leonard, its President and Chief Executive Officer, has been named to the University of Arizona's Geosciences Advisory Board for a five-year term.
The board is made up of University of Arizona's Geosciences alumni who are leaders in the energy industries. It is charged with keeping the university's Department of Geosciences abreast of current developments that it should respond to on both the academic research side as well as the teaching side. The board is also tasked with providing advice on new projects the university is undertaking and potential changes in curriculum.
"I'm very honored to be invited to serve on this board, and I'm proud to be an alumnus of an exceptional institution," Leonard said.
The University of Arizona ranked No. 1 in geology in U.S. News and World Report's annual survey of U.S. graduate programs.
Leonard is a 1975 graduate of the University of Arizona, receiving a Bachelor of Science with Honors in Geosciences. He also has a Master of Arts degree in geology from the University of Texas at Austin. Leonard joined Hyperdynamics in July 2009 as CEO and is a 33-year veteran of the international oil and gas industry. He previously held executive positions in international exploration with Amoco, First International Oil Company of Kazakhstan, Yukos of Russia, MOL of Hungary and Kuwait Energy Company.
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