Hyperdynamics Clarifies Geoexperts' Release and Wishes All Shareholders Happy Holidays

HOUSTON--(Business Wire)--Hyperdynamics Corporation (AMEX:HDY) announced that through its
wholly owned subsidiary SCS Corporation (SCS), in recent months,
Geoexperts' geological and geophysical contract services were
terminated for cause. The headline of the press release made by
Geoexperts today gave the erroneous impression that there was a legal
settlement between SCS and Geoexperts. The company reported that there
was no legal settlement but that SCS terminated the contract for cause
and a final payment for services was made in November.

When asked to comment, Kent Watts, the Company's Chief Executive,
stated, "They were our contractor for about a year. They were paid for
their services. In the last several months, we have made substantial
and strategic changes regarding our exploration strategy, including
building our internal exploration team. For many reasons as assessed
by management, these changes did not include the prospect of any
future services from Geoexperts."

On a different note, Mr. Watts said, "We look forward to great
things in 2008 and wish to take this time to wish all our shareholders
Merry Christmas, Happy Hanukkah, Happy New Year and otherwise Happy
Holidays."

About Hyperdynamics

Hyperdynamics Corporation provides energy for the future by
exploring and producing sources of energy worldwide. The company's
internationally active oil and gas subsidiary, SCS Corporation, owns
rights to explore and exploit 31,000 square miles offshore the
Republic of Guinea, West Africa. HYD Resources Corporation focuses on
domestic production in proven areas. To find out more about
-Hyperdynamics Corporation, visit our Website at
http://www.hyperdynamics.com.

Forward Looking Statements

Statements in this news release are "forward looking" as defined
by the U.S. Securities and Exchange Commission and are based on
expectations, beliefs or projections that are subject to numerous
risks and uncertainties. Investors are cautioned that these statements
are not guarantees of future performance, and actual results could
differ materially. Please refer to "Risk Factors" in the company's
Form 10-K filed with the SEC.

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HDY-IR

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www.investorawareness.com
or
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Phillip Bergman, Vice President, 914-238-2200 ext. 302

Copyright Business Wire 2007