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Hyperdynamics Announces Senior Management Realignment
Hyperdynamics Announces Senior Management Realignment.
About this update from Hyperdynamics Corp
[{"type":"text","content":"\n\n\n\nHyperdynamics Announces Senior Management Realignment\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nHyperdynamics Announces Senior Management Realignment\nPR Newswire\nHOUSTON, June 8, 2017\n\n\n\nHOUSTON, June 8, 2017 /PRNewswire/ -- Hyperdynamics Corporation (OTCQX: HDYN) today announced that Chief Financial Officer Sergey Alekseev will transition to the position of President of Hyperdynamics' subsidiary SCS Corporation Ltd., and Jason Davis will rejoin Hyperdynamics as Interim Chief Financial Officer.  Both Mr. Alekseev and Mr. Davis will report to Hyperdynamics President and Chief Executive Officer, Ray Leonard. \n\n\"With full mobilization now under way in preparation to spud the Fatala 1 well offshore the Republic of Guinea, this senior management realignment will enable us to better oversee and execute the various duties required of us as operator under our Production Sharing Contract,\" Mr. Leonard said. \n\nIn his new role, Mr. Alekseev will manage the company's interaction with its 50% partner SAPETRO and coordination with Guinea's Office National du Petrole (\"ONAP\") and other agencies of the Guinea government. He will also oversee performance of contractors to ensure that drilling progresses as scheduled and will coordinate with Mr. Davis to pursue cost efficiencies and controls of SCS activities.\n\n\"Sergey has done an outstanding job in negotiating and completing the farmout of a 50% working interest in our Guinea deepwater exploration project and raising capital to begin mobilization and subsequent drilling operations,\" Mr. Leonard said. \"With his extensive experience in international oil and gas operations and finance, we will now look to him to manage all the various aspects of this project, as well as continuing to seek capital to fund SCS's share of PSC expenditures. Working together with Vice President of Operations Forrest Estep and Drilling Manager Randy Ditmore, with their extensive West Africa and deepwater drilling experience, I am confident that the upcoming drilling program will successfully test the high-potential ...