Tullow’s Force Majeure in Guinea unwarranted, Hyperdynamics says

Hyperdynamics Corporation announced today that it has communicated to the Government of Guinea and Tullow its response to Tullow’s assertion without advance notification or discussion of force majeure and suspension of plans to start drilling of an exploratory well offshore Guinea.

“Hyperdynamics believes Tullow’s unilateral actions are unwarranted and untimely, and that a force majeure event has not occurred, ” the company said in a statement.

The company plans to have additional communications in an effort to recommence drilling plans.  Hyperdynamics cannot predict the timing or outcome of these efforts.

Tullow last week declared a Force Majeure on its operations in Guinea after the U.S. authorities opened investigations into the activities of Hyperdynamics in a concession off Guinea.

Related: Hyperdynamics investigation forces Tullow to declare Force Majeure (Guinea)

 

 

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