Hyperdynamics Enters into Exclusive Negotiations
Source: www.gulfoilandgas.com 12/16/2010, Location: Africa
Hyperdynamics Corporation announced that it signed a non binding Letter of Intent with a large independent oil and gas company and is in a period of exclusive negotiations until January 27, 2011, unless the parties agree otherwise, for a farmout of a portion of its interest in its concession offshore Guinea.