Hyperdynamics Selects James R. Spear as SCS's VP and Chief Geophysicist.

Company continues to accelerate exploration efforts

HOUSTON -- Hyperdynamics Corporation (AMEX:HDY) announced today that its wholly owned subsidiary has engaged Mr. James R. Spear as a new Vice President and Chief Geophysicist. In a press announcement on October 17th a board level decision

When asked to comment, Mr. Spear stated, "Hyperdynamics' exploration efforts offshore Guinea present a unique opportunity to apply my geological and geophysical expertise. The Republic of Guinea offshore represents one of the few unexplored shelf areas remaining in the world today. Over my career I have been part of many successful exploration efforts with both majors and independents alike. These efforts resulted in major discoveries."

Kent Watts, Hyperdynamics' Chief Executive commented that, "Jim is unique in that he has worked successfully in 42 major hydrocarbon basins around the world. His depth of experience is what we have been looking for. He represents someone that rolls his sleeves up and gets the job done. Jim is the type of executive that will fly to the drilling rig to be sure the well is successfully drilled and completed. We are very pleased to have him as a key member of our exploration management team. Working closely with Jim, the shareholders can expect regular technical updates as our exploration efforts advance."

About Hyperdynamics

Hyperdynamics Corporation provides energy for the future by exploring and producing sources of energy worldwide. The company's internationally active oil and gas subsidiary, SCS Corporation, owns rights to explore and exploit 31,000 square miles offshore the Republic of Guinea, West Africa. HYD Resources Corporation focuses on domestic production in proven areas. To find out more about -Hyperdynamics Corporation, visit our Website at http://www.hyperdynamics.com.

About James R. Spear

Mr. Spear is a geoscientist with more than thirty years of geological and geophysical work experience, both domestic and internationally in the exploration for hydrocarbons.

Being adept at prospecting, he has led teams or been a key team member responsible for drilling 512 successful wells over his working career as both exploration and development wells. He has both shelf and deepwater Gulf of Mexico experience and Deep Shelf experience GOM. International experience includes Latin America (Mexico, Central America, Northern South America, Gulf of Paria, offshore Trinidad, Columbus Basin offshore Trinidad, Sub-Andean basins, offshore Brazil, and offshore Argentina (Malvinas Basin and Falkland Islands), Russian Federation, Southeast Asia, Africa and North Africa (Sirte Basin, Libya, Western Desert of Egypt and Muglad Basin, Sudan), Dubai, UAE, West Africa (Ivory Coast, Nigeria -Mobil Nigeria/Shell Nigeria) and Europe (Spain, UK onshore and offshore North Sea).

Mr. Spear is Experienced in some 42 global basins, inclusive of Malaysia, Philippine Islands, Bohai Gulf, Pearl River Basin, Palawan Islands, Northwest Shelf of Australia, Sumatra (Mobil Oil- Indonesia), onshore basins of Australia, New Zealand, and South China Sea offshore of Republic of Vietnam predominately in the Gulf Coast region of Texas, Louisiana, and the Gulf of Mexico. Recent international experience includes Trinidad, Mexico and offshore Nigeria. James is an expert on Landmark workstations and proficient on Geoquest IESX and Charisma workstations/SMT.

University of Houston / Certified Project Manager / 2006 - Present

South Dakota School of Mines / PhD Geology (in-complete thesis defense) and Advanced Geophysics / 1977 - 1981

University of Delaware / Bachelor of Mathematics - Astrophysics and Geophysics / 1973

He has worked for Phillips Petroleum, Mobil Oil, Mobil Nigeria, Royal Dutch Shell, Conoco-Phillips Alaska, Landmark Graphics, McMoran Oil & Gas, Halliburton Energy Services, TransAmerican Natural Gas, Mobil de Venezuela, Clivenden Petroleum, APCO Sudan, WEPCO Egypt, Maersk Oil & Gas, Pemex, and AGI Mexicana in the capacity as a Chief Geophysicist, Manager of Exploration & Production, VP of Exploration and Production, Geologist, and owner of Devon Petroleum Consultants.

Mr. Spear is a Vietnam War veteran.

Forward Looking Statements

Statements in this news release are "forward looking" as defined by the U.S. Securities and Exchange Commission and are based on expectations, beliefs or projections that are subject to numerous risks and uncertainties. Investors are cautioned that these statements are not guarantees of future performance, and actual results could differ materially. Please refer to "Risk Factors" in the company's Form 10-K filed with the SEC.

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