GSI Pacific to Acquire Seismic Data offshore guinea

GSI Pacific to Acquire Seismic Data Offshore Guinea

04-08-2008

Seismic acquisition vessel GSI Pacific has arrived in the port city of Conakry, Republic of Guinea, to begin the acquisition of new 2-D seismic data for Hyperdynamics Corp. GSI Pacific will acquire data along the emerging transform margin play running through Hyperdynamics' 31,000 square mile (80,289 sq km) concession offshore Guinea.

The concession contains one of the largest slope shelf areas in West Africa, and the data acquired here will be used to finalize subsequently acquired 3-D grids.

Hyperdynamics Executive Vice President of Exploration and Production James R. Spear traveled to Guinea to meet with GSI Pacific and ensure that the required scientific equipment and navigational configurations were onboard. While in Guinea, Spear and Famourou Kourouma, the company's vice president of Guinea affairs, established business relations with logistics and shipping firm Getma Guinea. The firm will provide all in-country logistics, port services and other support for Hyperdynamics' Guinea operations.