Hyperdynamics Corporation
HDYNQ
Other OTC0.00
USD
- -
- -
ISIN
US4489542062
CUSIP
448954206
Return %
Stock
S&P500
1Y
900.00
19.01
3Y
400.00
65.49
5Y
-98.33
72.21
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Raymond C. Leonard
- Full Time Employees
- 16
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 12012 Wickchester Lane Houston TX United States of America 77079
- IPO Date
- Aug 19, 1996
- Website
- hyperdynamics.com
- Similar Companies
- Business
- Hyperdynamics Corporation (HDYNQ) operates as an independent oil and gas exploration company focused on the acquisition, exploration, and development of oil and natural gas properties offshore the Republic of Guinea in Northwest Africa. The company holds interests in large concessions covering approximately 5,000 square miles, primarily through a hydrocarbon production sharing contract with the Guinea government, targeting potential hydrocarbon reserves in frontier basins. Its core activities encompass seismic data acquisition and management, exploratory drilling programs, and appraisal efforts conducted via wholly owned subsidiaries including SCS Corporation Ltd. and HYD Resources; these operations emphasize high-risk, high-reward frontier exploration without significant production or midstream services. Founded in 1983 and headquartered in Houston, Texas, Hyperdynamics targets institutional investors and strategic partners in the upstream energy sector, with geographic focus limited to West African offshore concessions following shifts from earlier domestic and data management activities. The company employs a small team of approximately 16 personnel led by President and CEO Raymond C. Leonard, prioritizing partnerships to fund seismic surveys and drilling campaigns. In recent major developments, Hyperdynamics filed for Chapter 7 bankruptcy liquidation in the U.S. Bankruptcy Court for the Southern District of Texas on December 22, 2017, jointly with subsidiary SCS Corporation Ltd., amid liabilities estimated between $1 million and $10 million and following the collapse of a proposed 53% stake acquisition by a Chinese investor. No significant operational activity, funding rounds, acquisitions, or new product launches have occurred since the bankruptcy filing, rendering the company inactive with its OTC-traded shares at $0.00 and in ongoing reorganization status as of 2025. Prior to liquidation proceedings, efforts included 2017 SEC filings for capital raises and stalled partnerships like a 2016-2017 China LNG funding expectation, but these failed to avert financial distress.
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