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Hyperdynamics' strategy is to build value for the company by exploring high-potential oil and gas opportunities offshore the Republic of Guinea. The company expects to mitigate risk and increase operational bandwidth by partnering with other operators in its West Africa program. Additionally, to accelerate the time frame necessary to drill exploration wells, strategic relationships have been formed with key offshore drilling contractors and equipment providers, laying the foundation for timely support of offshore drilling programs for the company or its farm-in partners.
Finally, to generate cash flow that can defray the operating costs of its international exploration activities, Hyperdynamics' domestic subsidiary has work programs under way to further expand and develop its oil production in Louisiana.
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