Hyperdynamics Corp. (HDY) in Play in West Africa and at Home
Hyperdynamics Corp. (HDY) is an independent oil and gas company with corporate headquarters in Sugar Land, Texas. They also have a West African office in the Republic of Guinea, as well as a Louisiana office. The company trades on the American Stock Exchange (AMEX) as part of the Oil & Gas Drilling and Exploration industry and has a market capitalization of $93.63M. Through their subsidiary, SCS Corporation, they own the rights to explore and develop 31,000 square miles of offshore territory in the Republic of Guinea. Hyperdynamics Corp. is also focusing on U.S. production in proven areas. The Production Sharing…