Hyperdynamics Corporation is an oil and gases exploration company with prospects in offshore Republic of Guinea in Northwest Africa. The Company holds a 37% non-operator interest covering approximately 25,000 square kilometers in Guinea. The Company’s primary focus is the advancement of exploration work in Guinea. The Company’s concession is operated by Tullow Oil. The Contract Area has 18,750 square kilometers. Two wells have been drilled in the Contract Area: the GU-2B-1 well (1977) and the Sabu-1 well (2012). The GU-2B-1 well was drilled by another company in 100 meters of water reaching a total depth of 3,353 meters below sea level.