HOUSTON, May 1, 2015 /PRNewswire/ -- Hyperdynamics Corporation (OTCQX: HDYN) announced today the retirement of Robert A. Solberg as Chairman of the Board of Directors and the election of Ian Norbury as Chairman.  

Ray Leonard, President and Chief Executive Officer, praised Bob for his devoted and tireless service as Chairman since August 2009. "My fellow Board members join me in expressing appreciation for Bob's leadership on the Board and dedicated service to Hyperdynamics."

Mr. Leonard stated, "Ian Norbury has served with distinction on our Board since January 2013. He has broad experience with oil and gas exploration and production activities worldwide, including in West Africa. Ian's principal occupation is Acting CEO of Hannon Westwood, a UK firm providing consultancy services to the oil and gas industry. We are pleased that he has also agreed to assume the role of Chairman of our Board."

About Hyperdynamics

Hyperdynamics is an emerging independent oil and gas exploration 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 Securities and Exchange Commission, including the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2014.  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.

 

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SOURCE Hyperdynamics Corp.

Copyright 2015 PR Newswire

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