INVESTOR ALERT: Class Action Lawsuit Against Hyperdynamics Corporation Announced by Glancy Binkow & Goldberg LLP

  INVESTOR ALERT: Class Action Lawsuit Against Hyperdynamics Corporation
  Announced by Glancy Binkow & Goldberg LLP

Business Wire

LOS ANGELES -- April 10, 2014

Glancy Binkow & Goldberg LLP announces that a class action lawsuit has been
filed in the United States District Court for the Southern District of Texas
on behalf of a class (the “Class”) comprising all purchasers of the securities
of Hyperdynamics Corporation (“Hyperdynamics” or the “Company”) (NYSE:HDY)
between November 8, 2012 and March 11, 2014, inclusive (the “Class Period”).

Please contact Glancy Binkow & Goldberg LLP, toll-free at 888-773-9224 or at
212-682-5340, or by email to shareholders@glancylaw.com to discuss this
matter.

Hyperdynamics is an independent oil and gas exploration company engaged in the
acquisition, exploration and development of oil and gas properties in the
Republic of Guinea, Northwest Africa. The Complaint alleges that during the
Class Period defendants made false and/or misleading statements or failed to
disclose material adverse facts, including that Hyperdynamics lacked adequate
internal and financial controls and the Company obtained and retained
oil-and-gas concession rights in violation of the U.S. Foreign Corrupt
Practices Act and/or U.S. anti-money laundering statutes.

On September 30, 3013, the Company disclosed that in September 2013 it
received a subpoena from the United States Department of Justice (DOJ)
requesting that the Company produce documents related to its business in
Guinea, and that the DOJ investigation concerns whether “Hyperdynamics’
activities in obtaining and retaining the concession rights and its
relationships with charitable organizations potentially violate the U.S.
Foreign Corrupt Practices Act or U.S. anti-money laundering statutes.” Then,
on March 12, 2014, Hyperdynamics’ exploration partner, Tullow Oil Plc, halted
activities in Guinea due to the DOJ and U.S. Securities and Exchange
Commission investigations into Hyperdynamics’ activities related to the
concession rights.

If you are a member of the Class described above, you may move the Court no
later than May 12, 2014, to serve as lead plaintiff, if you meet certain legal
requirements. To be a member of the Class you need not take any action at this
time; you may retain counsel of your choice or take no action and remain an
absent member of the Class. If you wish to learn more about this action, or
have any questions concerning this announcement or your rights or interests
with respect to these matters, please contact Michael Goldberg, Esquire, of
Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles,
California 90067, Toll-Free at 888-773-9224, or contact Gregory Linkh,
Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd Street, Suite 2920,
New York, New York 10168, at 212-682-5340, by e-mail to
shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com.
If you inquire by email please include your mailing address, telephone number
and number of shares purchased.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

Contact:

Glancy Binkow & Goldberg LLP, Los Angeles, CA
Michael Goldberg, 888-773-9224
or
Glancy Binkow & Goldberg LLP, New York, NY
Gregory Linkh, 212-682-5340 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com
 
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