Hyperdynamics Reports Encouraging Initial Results From Oil Seeps Study of Offshore Guinea Concession Areaadmin
Hyperdynamics Corporation today announced that it has received encouraging preliminary results from an oil seeps study of the company’s 31,000-square-mile oil and gas concession offshore Guinea. The survey was conducted by TDI-Brooks International of College Station, Texas.
“We conducted this study to survey projected sites of oil seepage in three areas of our concession,” said Ray Leonard, Hyperdynamics President and Chief Executive Officer. “The samples from this survey could help to confirm the existence of multiple active hydrocarbon systems.
“We are especially encouraged by the fact that the survey was able to confirm oil slicks identified by satellite imagery, and in some cases, trace them back to their subsurface origin. Both fluid samples and drop core samples were successfully obtained from the survey, and we will be analyzing them to differentiate source rock ages,” Leonard said.
Hyperdynamics has contracted GeoMark Research, Ltd. to perform the analytical work on the samples collected from both the TDI Brooks offshore sampling and onshore studies conducted in conjunction with the Republic of Guinea’s Ministry of Mines and Energy.