Slide 1: Investor Update Annual Meeting of Stockholders
Investor Update Annual Meeting of Stockholders February 17, 2011 Houston, Texas
Slide 2: Forward Looking and Other Cautionary Statements
Forward Looking and Other Cautionary Statements This presentation contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding Hyperdynamics Corporation's future plans an
Slide 3: Exploration Update
Exploration Update Annual Meeting of Stockholders February 17, 2011 Houston, Texas
Slide 4: Exploration update outline
Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 List of exploration work since last shareholders’ meeting Overview of hydrocarbon-systems and block prospectivity Example of 3D seismic profiles Summar y
Slide 5: Exploration Work in the Past Year
Exploration Work in the Past Year Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Completed 2D seismic survey – 10,000 km Integrated new 2D data & interpreted seismic data set Identified multiple new leads from 2D data Received competent person’s report, assessment of prospective re
Slide 6: Oil and Gas Plays: Cretaceous Margin of Northwest Africa
Oil and Gas Plays: Cretaceous Margin of Northwest Africa GUINEA Neocomian Slope Fans Lead Recent discover ies in Sierra Leone Offshore Exploration Block 2010 3D Seismic Surveys LIBERIA Leads, Prospects Discoveries (Sierra Leone) Lea Licenseds & discoveries in Sierra AreaLeone and Liberia from Anadar
Slide 7: Offshore Guinea Current View of Exploration Opportunities
Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Offshore Guinea Current View of Exploration Opportunities 3D survey areas Fan 1 Tilted Fault Structure 3 Blocks Possible Neocomian traps
Slide 8: Hydrocarbon Systems
Hydrocarbon Systems Albian Depth Structure Map Depth, m 0 Shaw, Smith, Rice, Roberts, Nibbelink, & Payne 1000 Meters subsea ‐From 2D Seismic 2000 3000 4000 5000 6000 7000 Oil from Neocomian - -Jurassic Seep: Oil from E. Cret – Oil from Cretaceous marl carbonateJur. carbonate sourcesource rock rock o
Slide 9: Example of 3D Seismic Data
Example of 3D Seismic Data Hyperdynamics Annual Meeting of Stockholders – February 17, 2011
Slide 10: 2011 Exploration Events
2011 Exploration Events Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Complete mapping on 3D Prepare prospect evaluations and prioritization Select drilling locations Provide material to NSAI on 3D prospects Expected spud well in Oct. 2011
Slide 11: Offshore Guinea: Exploration Summary
Offshore Guinea: Exploration Summary 3D seismic processing and interpretation on track for 2011 spud of first well Additional prospective areas identified on 2D data Primary focus now is on evaluating recent 3D, but longer-term must evaluate the rest of the exploration block Current Focus (Phase 1):
Slide 12: Operations Update
Operations Update Annual Meeting of Stockholders February 17, 2011 Houston, Texas
Slide 13: Update on tasks
Update on tasks Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Reconnaissance trip with AGR to Conakry, January 28-February 6 Drilling Rig Tender sent out February 8th Well Planning Well testing HSE&S Material and Logistics
Slide 14: Rig Tender
Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Rig Tender Sent out invitations to bid February 8th, Due back Februar y 23rd Award rig contract late March Sign rig contract early April Moored semi-submersible drilling rigs 200-900 meters water depth Total subsea depth of 4500 meters
Slide 15: Reconnaissance trip with AGR to Conakry
Reconnaissance trip with AGR to Conakry, January 28-February 6 Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Met with Mohamed Foufana, Minister of Mines AGR to send scope of work of drilling permit Minister will provide a liaison to work with us on the permit Met with Minister of
Slide 16: Reconnaissance trip: transportation and logistics
Reconnaissance trip with AGR to Conakry, January 28-February 6 Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Met with Transport Minister and his staff Many issues with airport, port, and trucking Establishing a committee headed by one of his deputies to resolve issues. Presentatio
Slide 17: Drilling timeline
August September October November December 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 Load boats in Aberdeen/ send material to Guinea Mobilize Rig DRILLING #1 Move Rig SPUD WELL #1 DRILLING #2 Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Drilling timeline Februar
Slide 18: Possible Rigs
Possible Rigs Hyperdynamics Annual Meeting of Stockholders – February 17, 2011
Slide 19: Possible Rigs
Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Possible Rigs
Slide 20: Guinea Operations
Guinea Operations Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Staff house set up with good living and working environment 5 new offices in main complex Upgraded phones and internet AGR will start sending people in early March to work in Conakry full-time
Slide 21: Finance
Finance Annual Meeting February 17, 2011 Houston, Texas
Slide 22: Balance Sheet
Balance Sheet Current Year & Prior Year December 31, December 31, 2010 2009 ASSETS Current assets: Cash and cash equivalents $ 35,219 $ 1,122 Accounts receivable – joint interest 525 -Prepaid expenses and other current assets 246 146 Total current assets 35,990 1,268 Property and equipment 916 178 O
Slide 23: Institutional ownership up from 2% to at least 16%
Institutional ownership up from 2% last year to at least 16% this year Investor Ownership Report Retail 26 Individual Shareholders Objecting Beneficial Owners Institutional Investors BlackRock Hyperdynamics Annual Meeting of Stockholders – February 17, 2011
Slide 24: Analyst Coverage
Analyst Coverage Hyperdynamics is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Hyperdynamics ‘ performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Hyperdynamics or its management . Hy
Slide 25: Selected Financial Data
Selected Financial Data Selected Financial Data Cash balance as of December $35 Million 31, 2010 Long-term Debt $-0‐ Monthly Cash Burn Rate $600K Excluding G&G Costs Outstanding Shares as of 126,040,647** February 14, 2011 Fully diluted shares as of 137,908,186*** February 1, 2011 Market Cap as of F
Slide 26: Stock Performance and Market Capitalization
Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Stock Performance and Market Capitalization $1,200 In thousands $1,000 $800 $600 $400 $200 $0 7/1/2010 8/1/2010 9/1/2010 10/1/2010 11/1/2010 12/1/2010 1/1/2011 2/1/2011 Market Capitilization
Slide 27: American Friends of Guinea (AFG)
American Friends of Guinea (AFG) “Providin g real solutions for our friends in need” Annual Meeting February 17, 2011 Houston, Texas
Slide 28: Our Mission and Vision
Our Mission and Vision Our mission is to help the Guinean people improve their quality of life through funding medical aid and infrastructure that create better conditions for the population. We believe that all Guineans deserve to live a healthy life. Our vision leads us to work toward advancing he
Slide 29: New AFG Board of Directors
New AFG Board of Directors Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Kent Watts, Chairman Dr. Judith Hermanson, Director, Center for , Non-Governmental Leadership and Management, Northern Illinois Universit y Ray Leonard, President and CEO, Hyperdynamics Corporation . Dr. Dari
Slide 30: The New, Democratic Guinea
The New, Democratic Guinea Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Successful elections held – Alpha Conde sworn-in as President – December 2010 Ten million Guineans are galvanized to participate in and benefit from economic and social development activities Foreign investor
Slide 31: Medical Outreach
Medical Outreach Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Since its creation, AFG has established relationships with hospitals in Conakry and surrounding areas and supplied them with pharmaceutical drugs, water wells for sanitation, rechargeable batteries for electricity, and
Slide 32: AFG response to cholera epidemic
With resources provided by Hyperdynamics, AFG quickly provided hydration treatments and antibiotics to hospitals and cholera camps, which helped save more than 6,000 people who were suffering from cholera. In addition, AFG worked to eradicate the source of the disease caused by garbage in the street
Slide 33: Hospital Jean Paul II
Hospital Jean Paul II Built in the 1980s, its mission is to help the underserved population . The facility is subsidized by the government and covers up to 75% of patient medical expenses . The hospital is highly used but due to lack of funding from the government, electricity , potable water and su
Slide 34: Our plan for Jean Paul II
Our plan for Jean Paul II • Provide a source of electricity (partially achieved in 2008 with rechargeable batteries) • Provide a water well with all necessary equipments (completed in 2010) • From the well distribute the water inside the hospital (in future plans) • Provide equipments for surgical u
Slide 35: Partnerships with other NGOs in Guinea
Partner ships with other NGOs in Guinea Engender Health (EH) ‐Fistula Project EH is a New York-based organization that treats women suffering from obstetric fistula which is an abnormal passage or a hole between the bladder and the vagina that allows urine to leak from the vagina. This is caused mos
Slide 36: AFG and EH surgical kits and fistula program
Together, AFG and EH provide surgical kits to hospitals in Conakry, Kissidou gou and Labe that enable doctors to repair the fistula. Since the program was started, 1,412 women have received surgical interventions . Of those, 1,056 women were cured from the condition . In the future, we will organize
Slide 37: Hydrocephalus Children's Project
Hydrocephalus Children’s Project Hydrocephalus is a blockage of cerebral ‐spinal fluid circulation in the ventricles of the brain. Causes can be genetic and congenital if the mother has some infections during pregnancy, like meningitis that was not well-treated. The accumulation of this fluid in the
Slide 38: Hydrocephalus Children
Hydrocephalus Children In July 2010 we met the association of hydrocephalus children and their parents . We established a partnership with the association in order to provide them support . With the leader of the association, Mrs. Fadiga, whose child is a victim of hydrocephalus, we put together a t
Slide 39: Hydrocephalus Children
Hydrocephalus Children Each specialist on our team plays a big role in the the treatment of the children . Our role is to provide children the necessary resources before and after surgery, which include but not limited to: cost of exams before and after surgery, providing catheters and other supplie
Slide 40: Al-Hassan Kouyate
Al-Hassan Kouyate is 2 months old and the first baby our team operated on (January 5th 2010). He is recovering . Al-Hassan has a chance to live a normal life because of the early intervention that he received . We will be followin g him and making sure that he receives all the support he needs to re
Slide 41: 2011 Plans
2011 Plans Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Continue to expand AFG’s Hydrocephalus Children’s Project and support Kondeyah and Jean-Paul II Hospitals . Kassa Island: Initiate water project that would renovate existing wells, and train a management committee to sustain
Slide 42: How can you contribute to AFG?
How can you contribute to AFG? http://www.afguinea.org/ Hyperdynamics Annual Meeting of Stockholders – February 17, 2011 Fistula operations for 20 women -$2,000 Fistula operations for 80 women -$8,000 One Hydrocephalus Child’s Surgery @ $3,000 One water well @ $25,000