Hyperdynamics' HYD Resources Independent Geologic Study Estimates Over 1.4MM Barrels in Place in Louisiana; HYDR President Comments on Discovery of Additional Virgin Reservoirs.

HOUSTON -- Hyperdynamics Corp. (OTCBB:HYPD) announced today that its wholly owned subsidiary, HYD Resources Corp. (HYDR) has received an independent and comprehensive geological study on producing zones associated with and surrounding its first producing lease in Louisiana.

The study supports that one particular horizon should initially contain 1,000,000 barrels; and a second horizon has an additional 470,000 barrels in place for a total estimate of 1,470,000 barrels in place. As additional cumulative production information becomes available, reasonably accurate estimations for the number of barrels that may be recovered should be possible. Two other virgin reservoirs were also studied. Insufficient core data was available to estimate the barrels of oil in place in these reservoirs since they have never been produced before. However, their size was estimated at 171 acre feet and 306 acre feet. If these reservoirs turn out to have even a 30% recovery factor, that would support a calculated estimate of an additional 1,113,307 barrels in place.

When asked to comment, Sam Spears Jr., president for HYDR, stated, "When we drilled our first well on this lease, we hit high-pressure gas at an unexpected shallow location. We soon determined that we had discovered a new virgin reservoir as supported by the high gas pressure we encountered. As one result of this we are also looking into the viability of producing the natural gas in addition to oil." Spears continued, "We are thrilled with the results of our geological study. I look forward to drilling new wells and increasing production on this lease in the coming few months. As we continue to develop the lease with more wells drilled, running additional core tests and logging, and as we continue to turn up production in our existing wells, we expect to have a growing picture of our oil reserves and expected future production."

When asked to comment, Kent Watts, CEO for Hyperdynamics, stated, "It's a nice surprise to see our oil-in-place estimates grow this significantly above our original expectations. This fact gives us great hope for reaching and surpassing our production forecasts in the coming months."

About Hyperdynamics

Hyperdynamics invests in companies with substantial potential for growth. Hyperdynamics' internationally active oil and gas subsidiary, SCS Corp., owns rights to explore and exploit acreage offshore West Africa. HYD Resources Corp. focuses on domestic oil field services and low-risk shallow production.

More information on Hyperdynamics Corp. can be obtained at their Web site at: www.hypd.com.

Safe Harbor Statement: Statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, detailed in the company's filings with the SEC.